![]() For the newly resurgent left, the rise of demagoguery looks like payback for the small-government doctrines of technocratic neoliberalism-tax cuts, privatization, financial deregulation, antilabor legislation, cuts in Social Security-which have shaped policy in Europe and America since the eighties.Īttacks on liberalism are nothing new. Centrists claim that liberals’ obsession with political correctness and minority rights drove white voters to Donald Trump. Barack Obama included Patrick Deneen’s “ Why Liberalism Failed” (2018) in his annual list of recommended books meanwhile, Vladimir Putin has gleefully pronounced liberalism “obsolete.” The right accuses liberals of promoting selfish individualism and crass materialism at the expense of social cohesion and cultural identity. The crisis in liberalism has become received wisdom across the political spectrum. For a publication that was founded “to campaign for liberalism,” all of this was “profoundly worrying.” ![]() ![]() “Europe and America are in the throes of a popular rebellion against liberal élites, who are seen as self-serving and unable, or unwilling, to solve the problems of ordinary people,” even as authoritarian China is poised to become the world’s largest economy. “Liberalism made the modern world, but the modern world is turning against it,” an article in The Economist lamented last year, on the occasion of the magazine’s hundred-and-seventy-fifth anniversary. ![]()
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