The post-WWII global framework, including international law, was a fragile agreement primarily enforced by the US. Its erosion is leading to a "might makes right" reality where nations like Russia, China, and the US act unilaterally in their perceived self-interest, abandoning the pretense of shared rules.

To manage global shifts, Alexander Stubb advocates for reforming institutions like the UN Security Council to give rising nations more power. This strategy aims to secure their buy-in for a rules-based system, arguing it's more stable than building separate alliances of middle powers outside of existing frameworks.

While US actions in Latin America may be a direct loss for Russia and China's regional allies, they create a global precedent. A world where great powers feel free to act forcefully in their immediate surroundings is precisely the international order that Russia and China want to establish in Eastern Europe and the Western Pacific.

Finland's president explains that the US can entertain a "multipolar" world of transactional deals because of its immense power. In contrast, smaller nations like Finland depend on a "multilateral," rules-based order for their security and prosperity. For them, multilateralism is not a choice but a geopolitical necessity.

While a unipolar world led by one's own country is advantageous, a multipolar world with competing powers like the U.S. and China creates a dynamic tension. This competition may force more compromised global decisions, potentially leading to a more balanced, albeit more tense, international system than one dominated by a single unchallenged power.

Middle powers like India are not picking a side but are 'multi-aligned,' partnering with the US on tech, Russia on arms, and China on other initiatives. This creates a fluid, complex system of shifting, issue-specific coalitions rather than two fixed blocs.

The era of economic-led globalization is over. In the new world order, geopolitical interests are the primary driver of international relations. Economic instruments like tariffs and export restrictions are now used as levers to assert national interests, a fundamental shift from the US-centric view where the economy traditionally took the lead.

Alexander Stubb argues the world order isn't breaking but evolving. His confidence stems from the protective power of international institutions like the EU, which can counter threats like tariffs and secure trade deals. This contrasts with more alarmist views that see the current instability as a complete system breakdown.

While China supports institutions like the UN, its primary strategy for global influence is creating new, economically-focused organizations like the BRICS Bank and regional summits (e.g., China-Africa). This approach builds alternative power centers and economic interdependence with the Global South, supplementing rather than directly challenging the post-war Western order.