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Category: Foreign Policy

Populist Demagogy and the Fanaticism of the Center

Why has the use of the term “populism” been imposed when we already had at our disposal the term “demagogy,” which seems to designate the same thing? Or are we to think that the new term refers to a new phenomenon, and that the new populism is something different from the old demagogy? To broach the issue, and as a provisional hypothesis, I offer the following…

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Reforming Elites the Confucian Way

Meritocracy has become a theme of great interest in contemporary politics, both in Western and Eastern societies. But attitudes toward meritocracy in the two regions differ sharply. In the West, the concept of an elite constituted by its most intellectually gifted and energetic members came into its own in the later nineteenth century with the adoption by the British government of civil service…

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The New Class War

The Cold War has been followed by the class war. A transatlantic class war has broken out simultaneously in many countries between elites based in the corporate, financial, and professional sectors and working-class populists. Already this transnational class conflict has produced Brexit and the election of Donald Trump to the American presidency. Other shocks are…

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Why a New Policy Journal?

The conventional party platforms no longer address or even comprehend the most pressing challenges facing American institutions. Economic mobility is down and inequality is up, while growth, productivity, and wages are nearly stagnant. Trust in government is at historic lows…

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The Digital Age Produces Binary Outcomes

The digital age produces binary outcomes. Winners tend to win overwhelmingly—in war as well as in business. The Soviet Union crumbled in the late 1980s when American technology bested Soviet military spending, then estimated at a quarter of GDP. The enormous Russian bet on military power lost and Communism fell. America emerged from the Cold…

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America and the Liberal International Order

In a year of upset political apple carts, none were rattled harder, or lost more fruit, than traditional notions of American foreign policy. Donald Trump shocked a lot of people over a lot of issues. But no anti-Trump Republican economists orchestrated elaborate letters, with hundreds of signatories, to swear they would never serve in a Trump administration. No dissident Republican trade negotiators ostentatiously switched parties and vowed to support Trump’s…

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The New Shape of Globalization

It was a telling moment when China’s President Xi Jinping rose on January 16, 2017, to proclaim himself the new champion of free trade in the great conference hall of Davos, Switzerland, the citadel of globalization. This proclamation came just four days before the inauguration of the newly elected U.S. president, who has traditionally served…

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