Luncheon

It is likely that even a one-term Trump will go down in history as a president who (more than Obama, Bush, Clinton) symbolized a “new era” in the history of the West. The new era will last for a few decades, as the “social democratic era” lasted for three decades (1945-1975) and the “neoliberal era “ lasted for three plus decades (1980 to 2010+). It is marked by a shift in the center of gravity of western politics/policies in the direction of (1) authoritarian-nationalism and exclusionary identity politics; (2) illiberal internationalism -- including less commitment to free international trade and free international capital movements, and less support for legacy multilateral organizations, like those of the UN.