John Maynard Keynes, a British representative at the Versailles Peace Conference after World War I, famously described an “extraordinary episode in the economic progress of man [...] which came to an end in August, 1914”, in that before the war “an inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth”.  That is a vivid description of the prosperous first wave of globalization, which was unfortunately consumed by war and ideology.