A succession of social upheavals over the last decade has radically realigned political power throughout the world. As a result of these tectonic shifts, what had once been on the furthest fringes of the right has now moved toward the center while the left has been pushed to the margins. “Things fall apart; the centre… Continue reading Inside the Battle for Another World
The Berlin Wall fell 30 years ago. It was one of the few unambiguously joyous moments in modern history. This popular, nonviolent explosion of dissent effectively toppled East Germany’s despotic regime. And it signaled, if only symbolically, the end of the Cold War that had divided Europe for nearly half a century. Thirty years later,… Continue reading Did the Fall of the Berlin Wall Produce Trump?
All eyes are focused these days on Boris Johnson, the new prime minister of the United Kingdom. But that’s not the most important news this month out of Britain. The Labor Party has finally come around to opposing the country’s exit from the European Union, though it’s possibly a case of “too little, too late.” The party… Continue reading Boris Johnson and the New Battle of Britain
In his recent speeches and articles, Bernie Sanders has been talking about forming a Progressive International. It’s about time. The alt-right, thanks in part to Steve Bannon, has formed an international network centered in Europe on the National Front in France and the Northern League in Italy. Authoritarian leaders from Vladimir Putin in Russia to… Continue reading Bernie Sanders and a Progressive International
Less than a month ago, the candidate leading in the polls in the Brazilian presidential election was a jailed ex-politician who technically couldn’t even run for office. It gets even weirder. Brazilian voters have put corruption near the top of the list of their concerns this political season. Yet Luiz Inacio Lula da Silva, the… Continue reading Why Is the Radical Right Still Winning?
Imagine a trio of tech-savvy and entrepreneurial souls on the prowl for the next killer app. They’re staying up late in their dorm, or perhaps they’re celebrating at a nightclub after finishing their MBA program. They want to make money. They want to change the world. They want to create something that gets snatched up… Continue reading The Disrupters-in-Chief
By slapping tariffs on Chinese imports, Donald Trump has once again proven to be the Disrupter-in-Chief. This week alone, he’s brought John Bolton in as national security advisor over the objections of every sane person in the universe, threatened to go after Bashar al-Assad over the Syrian leader’s alleged use of chemical weapons, and revived disgusting characterizations of Mexicans as rapists.… Continue reading Trump’s Trade War Is About Trump, Not China
Before the gale-force hurricane of Reaganomics swept through the United States in the 1980s, America very briefly entertained the adoption of a deliberate industrial policy. As in South Korea and certain European nations, the U.S. government would pick economic winners and losers and direct funds accordingly. This was no utopian idea. After World War II,… Continue reading Venture Capitalists Rule the World
Neo-liberalism, like the famous cat, seems to have nine lives in Poland. The effort to cut back the state and give freer rein to the market has suffered at least three near-death experiences. The initial “shock therapy” approach implemented by Leszek Balcerowicz in the first Solidarity-affiliated government in 1990 generated such high unemployment and social… Continue reading The Strange Non-Death of Polish Neo-Liberalism
It’s happening in Buenos Aires. It’s happening in Paris and in Athens. It’s even happening at the World Bank headquarters. The global economy is finally shifting away from the model that prevailed for the last three decades. Europeans are rejecting austerity. Latin Americans are nationalizing enterprises. The next head of the World Bank has actually… Continue reading Waiting for Copernicus