I hold out hope that a multipolar world will be more peaceful and stable, with no one national ruling class able to dominate other nations so easily, and developing countries having more options for whom to ally with to their own benefit.

Unfortunately the UN, the organization that was created exactly for that, is just a puppet of the current hegemon because the money printer can buy anything and any soul. So a hard reset is needed in world politics in order to find a peaceful way again. It baffles me how China and Russia don't get together and form a new UN, like AN (Allied Nations) then both organizations UN and AN would fight for their members rights and get into agreements that would benefit all