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In Poland, the government has just passed an emergency law allowing authorities to turn back refugees who cross into the country “illegally”. It is the latest development in a diplomatic standoff with Belarus, which has cynically been encouraging people from Iraq, Iran and parts of Africa to cross into the EU, in response to sanctions imposed on it earlier this year. Poland’s hardline response leaves many people trapped in the no man’s land between the two countries.

Priti Patel, the home secretary, claims this is an essentially benevolent measure: if boats in the Channel are turned around, it will eventually stop people attempting the dangerous trip in the first place. In fact, it undermines a key principle of international maritime law that makes it a duty to rescue people in distress.

In the UK, the Home Office has quietly tried to amend its draconian nationality and borders bill, currently at committee stage, by introducing a provision that gives Border Force staff immunity from prosecution if they fail to save lives at sea.

These developments are harmful in their own right, but they also set a disturbing precedent for how countries in rich parts of the world might deal with future displacements of people – not just from war and persecution, but from the climate crisis as well.

Three recent stories, from three different corners of Europe, suggest that governments are crossing a new threshold of violence in terms of how they police their borders.

This is not only a problem for today: it is a dress rehearsal for how our governments are likely to deal with the effects of the climate crisis in years to come.

a new report by the World Bank projects that 216 million people could be displaced within their own countries by water shortages, crop failure and rising sea levels by 2050.

Unfortunately, many of our politicians are primed to see displacement first and foremost as a civilisational threat. That was the logic of Boris Johnson’s comments ahead of the launch of Cop26 in Glasgow, when he claimed – incorrectly – that “uncontrolled immigration” was responsible for the fall of the Roman empire, and that a similar fate awaits the world today

In this telling, an environmental disaster that affects us all is transformed into a question of how the wealthy and powerful can preserve their privileges.

they are backed up by a burgeoning border security industry. A recent report by the Transnational Institute warns of what it calls “the border-industrial complex”, a growing multibillion dollar industry that ranges from security infrastructure to biometrics and artificial intelligence. The global market in fences, walls and surveillance alone is projected to be worth $65-$68bn by 2025.

Richer parts of the world have already begun to militarise their borders, a process that has accelerated in response to the refugee movements of the past decade.

What’s required, instead – beyond action to reduce emissions – is a plan to help people adapt to changing living circumstances and reduce global inequality, along with migration policies that recognise the reality of people’s situations

A major new US study commissioned by the Biden administration recommends new laws to protect climate migrants, but it is strikingly light on detail.

On the whole, European nations still have very different understandings of the rule of law and political order, different work ethics and conceptions of citizenship

The failure of convergence is most striking in Europe. True, a tiny sliver of European society is becoming more transnational. But only 2 percent of Europeans live in a different European nation than their country of citizenship.

The United States is a single nation with a common history, a common currency and a strong identity. Yet the country has become more polarized, not less. The country has become more difficult to govern, not less.

Less than 40 percent of Danes believe that work is a “very important” part of their lives, compared with roughly 65 percent of the French. More than 80 percent of the Croats believe that a parent’s duty is to do what’s best for their children, even at the expense of their own well-being. Only about 55 percent of Germans agree.

73 percent of Germans think that economic conditions are good right now. In France, 19 percent think that, and in Spain it’s 6 percent.

people in most Western nations are becoming more distrustful of their neighbors, not less. There are huge variations across nations, but levels of social and political trust have been declining almost everywhere except the Nordic countries. If there’s convergence, in other words, it’s in our increasing agreement that we don’t trust each other.

The euro crisis is not a crisis of debt. Total European debt levels are not that high. It’s a crisis of legitimacy. Debt burdens are divergent across nations, and Europeans with one set of habits and values do not want to bail out Europeans with other habits and values.

we face the likelihood that the euro will crack up. This is not an outcome to be desired. The ensuing recession and chaos could be horrible on both sides of the Atlantic. But we should prepare for a crackup because the underlying sense of shared identity required for the euro’s survival is not there.

The most popular major European politician is Angela Merkel, who is holding tough on more bailouts. She has 80 percent approval in Germany, 66 percent approval in Britain and 76 percent approval in France.

The larger issue is, how will the world cope with its own segmentation? How do you govern amid divergence? If multilateral organizations can’t bind nations, do we simply resort to an era of regional hegemons — or chaos?

The first step, surely, is abandoning the illusions of convergence and the schemes based upon them. In 1949, Niebuhr questioned the naïve belief that history drives toward unity. He cited the book of Psalms: “He that sitteth in the heavens shall laugh: the Lord shall have them in derision.”

The US and the UN have made some concessions to allow humanitarian aid to operate outside the auspices of the Taliban; the Treasury Department’s Office of Foreign Asset Control (OFAC) granted some licenses to aid groups to operate in Afghanistan without running afoul of of financial restrictions on certain individuals and institutions in the country.

In the aftermath of the US withdrawal, many Afghans working as interpreters, aid workers, prosecutors, professors, and journalists suddenly lost their positions and their incomes, and many have been forced into hiding, further hampering their ability to provide even the most basic necessities — blankets, food, fuel, and medicine — for their families.

Many of Afghanistan’s current problems are intimately connected to the US withdrawal from the country last year, and the Taliban’s ensuing takeover of the central government. Since then, US sanctions and an abrupt end to international aid have wrecked Afghanistan’s economy and sent it spiraling into crisis.

Now, much of the country is facing poverty and starvation: In December, the World Food Program (WFP) found that 98 percent of Afghans aren’t getting enough to eat, and Guterres warned this month that “we are in a race against time to help the Afghan people.”

“Sanctions are intended to have a chilling effect, in that sanctions will always go beyond the face of the text,”

So far, however, no policy shift has been forthcoming. As of earlier this month, the US has pledged an additional $308 million in humanitarian aid to Afghanistan, but the Afghan central bank reserves remain frozen.

And while Afghanistan’s current crisis isn’t wholly caused by external factors — even without sanctions by the US and its allies, the Taliban’s inability to manage the bureaucracy of government would have created issues, as would the pandemic and a severe drought that began in June last year — US actions do play a substantial role.

The chilling effect of sanctions is keeping businesses and banks from actually engaging with the economy. As House Democrats pointed out in their letter last month, relatively simple steps — like issuing letters to international businesses assuring them that they are not violating US sanctions — could help alleviate the crisis and shore up the Afghan private sector, but Treasury has yet to do so.

In the meantime, however, the Taliban will hold talks this coming week with Western nations, including Norway, Britain, the US, Italy, France, and Germany, about humanitarian aid. The talks should not be seen as a legitimization of Taliban rule, Norwegian Foreign Minister Anniken Huitfeldt stressed to AFP on Friday, “but we must talk to the de facto authorities in the country. We cannot allow the political situation to lead to an even worse humanitarian disaster.”

She has served four years and nine months of her sentence so far. Concerns about her health were raised after she was taken to a hospital in Seoul, the capital, for various illnesses last month.

Mr. Moon said that Ms. Park’s declining heath had also been a factor in his government’s decision to release her.

Ms. Park was pardoned under a broad amnesty that benefited 700 other prisoners, whose remaining prison terms will be eradicated or cut in half. The South Korean president has the power to grant amnesty to prisoners under the Constitution, and has often exercised it to mark major national holidays or the beginning of a new year.

Ms. Park, a daughter of the former military dictator Park Chung-hee, was in her fourth year in power in 2016 when hundreds of thousands of protesters began months of weekly rallies in central Seoul demanding that she be forced from office for corruption and incompetence.

In January this year, the Supreme Court approved a reduced 20-year prison term for Ms. Park and ordered her to pay 18 billion won ($15 million) in fines, saying that she and her longtime friend and confidante Choi Soon-sil had collected or demanded $19.3 million in bribes from three big businesses, including $7 million from Samsung, South Korea’s largest and most lucrative business group.

The younger Mr. Lee, who was sentenced to two and a half years in prison in the corruption scandal, was released on parole in August, when South Korea freed hundreds of prisoners to mark the Aug. 15 National Liberation Day, which commemorates the end of Japanese colonial rule of South Korea at the end of World War II.

Despite her conviction, Ms. Park still had a sizable following of die-hard supporters, mostly older conservative South Koreans, who have held rallies in downtown Seoul calling her innocent and demanding her release.

Those who have argued for her pardon have compared her case to those of the former military dictators Chun Doo-hwan and Roh Tae-woo.

Mr. Moon’s government granted a special amnesty to former Prime Minister Han Myeong-sook, one of the president’s former political allies. Ms. Han was sentenced to two years in prison in 2015 on charges of collecting illegal political donations. She finished her term in 2017.

The government also released Lee Seok-ki, a progressive politician, on parole on Friday. He was arrested by Ms. Park’s government in 2013 on charges of conspiring to start an armed revolt to overthrow the Seoul government in the event of war with North Korea. He has served all but nine months of his nine-year sentence.

calling him a victim of what they saw as a political witch hunt by Ms. Park to repress her political enemies.

London never really caught a break after the Black Death. The plague resurfaced roughly every 10 years from 1348 to 1665—40 outbreaks in just over 300 years. And with each new plague epidemic, 20 percent of the men, women and children living in the British capital were killed.

By the early 1500s, England imposed the first laws to separate and isolate the sick. Homes stricken by plague were marked with a bale of hay strung to a pole outside. If you had infected family members, you had to carry a white pole when you went out in public. Cats and dogs were believed to carry the disease, so there was a wholesale massacre of hundreds of thousands of animals.

Smallpox—A European Disease Ravages the New World

The indigenous peoples of modern-day Mexico and the United States had zero natural immunity to smallpox and the virus cut them down by the tens of millions.

“[T]he annihilation of the smallpox, the most dreadful scourge of the human species, must be the final result of this practice,” wrote Jenner in 1801. And he was right. It took nearly two more centuries, but in 1980 the World Health Organization announced that smallpox had been completely eradicated from the face of the Earth.

In the early- to mid-19th century, cholera tore through England, killing tens of thousands. The prevailing scientific theory of the day said that the disease was spread by foul air known as a “miasma.” But a British doctor named John Snow suspected that the mysterious disease, which killed its victims within days of the first symptoms, lurked in London’s drinking water. Snow acted like a scientific Sherlock Holmes, investigating hospital records and morgue reports to track the precise locations of deadly outbreaks. He created a geographic chart of cholera deaths over a 10-day period and found a cluster of 500 fatal infections surrounding the Broad Street pump, a popular city well for drinking water.

While cholera has largely been eradicated in developed countries, it’s still a persistent killer in third-world countries lacking adequate sewage treatment and access to clean drinking water. 

It was still very unclear, however, what form this revolution would take. Over the next several years, Lincoln considered ideas about how to welcome the devastated South back into the Union, but as the war drew to a close in early 1865, he still had no clear plan. 

In a speech delivered on April 11, while referring to plans for Reconstruction in Louisiana, Lincoln proposed that some Black people–including free Black people and those who had enlisted in the military–deserved the right to vote. He was assassinated three days later, however, and it would fall to his successor to put plans for Reconstruction in place.

Under Johnson’s Presidential Reconstruction, all land that had been confiscated by the Union Army and distributed to the formerly enslaved people by the army or the Freedmen’s Bureau (established by Congress in 1865) reverted to its prewar owners.

When Democrats waged a campaign of violence to take control of Mississippi in 1875, Grant refused to send federal troops, marking the end of federal support for Reconstruction-era state governments in the South. By 1876, only Florida, Louisiana and South Carolina were still in Republican hands. In the contested presidential election that year, Republican candidate Rutherford B. Hayes reached a compromise with Democrats in Congress: In exchange for certification of his election, he acknowledged Democratic control of the entire South. 

fter Johnson vetoed the bills–causing a permanent rupture in his relationship with Congress that would culminate in his impeachment in 1868–the Civil Rights Act became the first major bill to become law over presidential veto.

The following March, again over Johnson’s veto, Congress passed the Reconstruction Act of 1867, which temporarily divided the South into five military districts and outlined how governments based on universal (male) suffrage were to be organized.

By 1870, all of the former Confederate states had been admitted to the Union, and the state constitutions during the years of Radical Reconstruction were the most progressive in the region’s history. The participation of African Americans in southern public life after 1867 would be by far the most radical development of Reconstruction, which was essentially a large-scale experiment in interracial democracy unlike that of any other society following the abolition of slavery. 

After 1867, an increasing number of southern whites turned to violence in response to the revolutionary changes of Radical Reconstruction. The Ku Klux Klan and other white supremacist organizations targeted local Republican leaders, white and Black, and other African Americans who challenged white authority. Though federal legislation passed during the administration of President Ulysses S. Grant in 1871 took aim at the Klan and others who attempted to interfere with Black suffrage and other political rights, white supremacy gradually reasserted its hold on the South after the early 1870s as support for Reconstruction waned. Racism was still a potent force in both South and North, and Republicans became more conservative and less egalitarian as the decade continued. In 1874—after an economic depression plunged much of the South into poverty—the Democratic Party won control of the House of Representatives for the first time since the Civil War.

These repressive codes enraged many in the North, including numerous members of Congress, which refused to seat congressmen and senators elected from the southern states. 

A century later, the legacy of Reconstruction would be revived during the civil rights movement of the 1960s, as African Americans fought for the political, economic and social equality that had long been denied them.

Right now, the outcome that we have been sliding toward seems one in which an autocratic East gradually divides from — and then potentially accelerates past — a democratic but divided West. 

Seizing that opportunity will require an understanding of both economics and history.

By any economic measure the West is significantly more powerful than the East, using the terms “West” and “East” to mean political alliances rather than just geographical regions. The U.S. and its allies account for 60% of global gross domestic product at current exchange rates; China, Russia and the autocracies amount to barely a third of that. And for the first time in years, the West is coming together rather than falling apart.

The question for Biden and the European leaders he will meet this week is simple: What sort of world do they want to build in the future? Ukraine could well mark the end of one great episode in human history. It could also be the time that the free world comes together and creates another, more united, more interconnected and more sustainable one than ever before

the answer to globalization’s woes isn’t to abandon economic liberalism, but to redesign it. And the coming weeks offer a golden opportunity to redesign the global economic order.

Yet once politicians got out of the way, globalization sped up, driven by technology and commerce.

Only after the Second World War did economic integration resume its advance — and then only on the Western half of the map

What most of us today think of as globalization only began in the 1980s, with the arrival of Thatcherism and Reaganism, the fall of the Berlin Wall, the reintegration of China into the world economy, and, in 1992, the creation of the European single market.

When the guns finally fell silent in 1918 and peace was forced on Germany at Versailles (in the Carthaginian terms that Keynes decried so eloquently), the Bidens, Johnsons and Macrons of the time tried to restore the old world order of free trade and liberal harmony — and comprehensively failed. 

As the new century dawned and an unknown “pro-Western” bureaucrat called Vladimir Putin came to power in Russia, the daily volume of foreign-exchange transactions reached $15 trillion. 

More recently, as the attacks on globalization have mounted, economic integration has slowed and in some cases gone into reverse.

Meanwhile in the West, Ukraine has already prompted a great rethink. As German Chancellor Olaf Scholz has proclaimed, we are at a Zeitenwende — a turning point. Under his leadership, pacifist Germany has already proposed a defense budget that’s larger than Russia’s. Meanwhile, Ukrainian immigrants are being welcomed by nations that only a few months ago were shunning foreigners, and, after a decade of slumber in Brussels, the momentum for integration is increasing.

But this turning point can still lead in several directions.

the invasion of Ukraine is accelerating changes in both geopolitics and the capitalist mindset that are deeply inimical to globalization.

The changes in geopolitics come down to one word: China, whose rapid and seemingly inexorable rise is the central geopolitical fact of our time.  

absent any decisive action by the West, geopolitics is definitively moving against globalization — toward a world dominated by two or three great trading blocs: an Asian one with China at its heart and perhaps Russia as its energy supplier; an American-led bloc; and perhaps a third centered on the European Union, with the Europeans broadly sympathetic to the U.S. but nervous about the possible return of an America-First isolationist to the White House and irked by America’s approach to digital and media regulation.

World trade in manufactured goods doubled in the 1990s and doubled again in the 2000s. Inflationary pressures have been kept low despite loose monetary policies.

From a CEO’s viewpoint, Putin’s invasion of Ukraine has done more than unleash Western embargoes and boost inflation. It is burying most of the basic assumptions that have underlain business thinking about the world for the past 40 years. 

Commercially speaking, this bet paid off spectacularly. Over the past 50 years multinationals have turned themselves from federations of national companies into truly integrated organizations that could take full advantage of global economies of scale and scope (and, of course, global loopholes in taxes and regulations)

Just as important as this geopolitical shift is the change in the capitalist mindset. If the current age of globalization was facilitated by politicians, it has been driven by businesspeople. Ronald Reagan and Margaret Thatcher didn’t decide that the components of an iPhone should come from 40 countries. Facebook wasn’t created by senior politicians — not even by Al Gore. Uber wasn’t an arm of the Department of Transportation. 

profits have remained high, as the cost of inputs (such as energy and labor) have been kept low.

Now what might be called the Capitalist Grand Illusion is under assault in Kyiv — just as Norman Angell’s version was machine-gunned on the Western Front.

Militarism and cultural rivalries keep trumping economic logic.

The second is Biden’s long experience

Every Western company is now wondering how exposed it is to political risk. Capitalists are all Huntingtonians now.

Greed is also acquiring an anti-global tint. CEOs are rationally asking how they can profit from what Keynes called “monopolies, restrictions and exclusions.

So the second age of globalization is fading fast. Unless something is done quickly and decisively, the world will divide into hostile camps, regardless of what happens in Ukraine.

this divided world will not suit the West. Look at the resolution passed by the United Nations General Assembly to condemn Russia’s invasion of Ukraine. The most trumpeted figure is that only 40 countries did not vote for this (35 abstained, and five voted against it), compared with 141 countries who voted in favor. But those 40 countries, which include India and China, account for the majority of the world’s population.

we still have time to shape a very different future: one in which global wealth is increased and the Western alliance bolstered.

One of the great problems with modern liberalism for the past few decades has been its lack of a gripping narrative and a compelling cast of heroes and villains

Now Putin has inadvertently reversed all that. Freedom is the creed of heroes such as Zelenskiy; anti-liberalism is the creed of monsters who drop bombs on children.

Biden can soften that message at home by adding a political dimension to his trade agenda. “Build back better” applies to globalization, too. A global new deal should certainly include a focus on making multinational companies pay their taxes, and the environment should be to the fore. But Biden should also talk about the true cost of protectionism in terms of higher prices, worse products and less innovation.

So far, Biden’s handling of the Ukraine invasion has been similarly nuanced. He has drawn a line between supplying the resistance and becoming involved in the war (or giving others an excuse to claim the U.S. is involved). And he has put firm pressure on China to stay out of the conflict.

Biden needs to recognize that expanding economic interdependence among his allies is a geostrategic imperative. He should offer Europe a comprehensive free-trade deal to bind the West together

It is not difficult to imagine Europe or democratic Asia signing up for these sorts of pacts, given the shock of Putin’s aggression and their fear of China. Biden’s problem is at home. Why should the Democratic left accept this? Because, Biden should say, Ukraine, China and America’s security matter more than union votes.

Biden should pursue a two-stage strategy: First, deepen economic integration among like-minded nations; but leave the door open to autocracies if they become more flexible.

CEOs who used to build empires based on just-in-time production are now looking at just-in-case: adding inefficient production closer to home in case their foreign plants are cut off.

Constructing such a “new world order” will be laborious work. But the alternative is a division of the world into hostile economic and political blocs that comes straight out of the 1930s

Biden, Johnson, Scholz and Macron should think hard about how history will judge them. Do they want to be compared to the policymakers in the aftermath of World War I, who stood by impassively as the world fragmented and monsters seized the reins of power? Or would they rather be compared to their peers after World War II, policymakers who built a much more stable and interconnected world?

The Western policymakers meeting this week will say they have no intention of closing down the global order. All this economic savagery is to punish Putin’s aggression precisely in order to restore the rules-based system that he is bent on destroying — and with it, the free flow of commerce and finance. In an ideal world, Putin would be toppled — the victim of his own delusions and paranoia — and the Russian people would sweep away the kleptocracy in the Kremlin. 

In this optimistic scenario, Putin’s humiliation would do more than bring Russia back to its senses. It would bring the West back as well. The U.S. would abandon its Trumpian isolationism while Europe would start taking its own defense seriously. The culture warriors on both sides of the Atlantic would simmer down, and the woke and unwoke alike would celebrate their collective belief in freedom and democracy.

There’s a chance this could happen. Putin wouldn’t be the first czar to fall because of a misjudged and mishandled war.

Regardless of whether China’s leader decides to ditch Putin, the invasion has surely sped up Xi’s medium-term imperative of “decoupling” — insulating his country from dependence on the West.

For the “wolf pack” of young Chinese nationalists around Xi, the reaction to Ukraine is another powerful argument for self-sufficiency. China’s vast holdings of dollar assets now look like a liability given America’s willingness to confiscate Russia’s assets,

Some Americans are equally keen on decoupling, a sentiment that bridged Republicans and Democrats before Putin’s invasion of Ukraine.

In the great intellectual battle of the 1990s between Francis Fukuyama, who wrote “The End of History and the Last Man” (1992), and his Harvard teacher Samuel Huntington, who wrote “The Clash of Civilizations” (1996), CEOs have generally sided with Fukuyama.

Biden needs to go further in the coming weeks. He needs to reinforce the Western alliance so that it can withstand the potential storms to come

Keynes, no longer a protectionist, played a leading role in designing the International Monetary Fund, the World Bank, and the infrastructure of the postwar Western order of stable exchange rates. He helped persuade the U.S. to lead the world rather than retreating into itself. He helped create the America of the Marshall Plan. This Bretton Woods settlement created the regime that eventually won the Cold War and laid the foundations for the second age of globalization.

At the closing banquet on July 22, the great man was greeted with a standing ovation. Within two years he was dead — but the world that he did so much to create lived on. That world does not need to die in the streets of Kyiv. But it is on course to do so, unless the leaders meeting this week seize the moment to create something better. 

Together with—and perhaps because of—its economic malaise, the country is living through a political earthquake. Germany’s wealth, its exemplary parliamentary democracy, and its big efforts to confront its Nazi history are no longer keeping nativist parties at bay.

Outside the EU, “made in Germany” goods struggle to find new clients. Exports to China have been roughly flat since mid-2015 and may even start to drop, as President Xi Jinping has made clear that he wants to make his country less dependent on European industry

The Federal Republic is the only big Euro member whose economy has not yet fully recovered to pre-pandemic levels. In fact, German GDP has roughly stagnated since 2019. And German manufacturing is the main problem: Industrial output lags pre-pandemic levels by some 5 percent.

The reason Germany ceased to be Europe’s growth engine has less to do with Russian energy than with changing circumstances in the export markets where the country’s industrial champions once flourished

In the 2000s, former Chancellor Gerhard Schröder slashed unemployment benefits and created a low-wage sector to help German exporters increase their market shares across Europe. Since then, many other European countries, including France and Italy, have made reforms to cut labor costs themselves, and Germany faces tougher competition in its biggest export market and has been running a trade deficit in goods with other EU members since 2020.

We are living through the end of German exceptionalism. The country’s economy is fragile, and the rise of the AfD makes its politics as unpredictable as those of Austria or Italy. In short, Germany is joining the European mainstream. And that means that trouble is ahead.

German car exports to China were down 24 percent in the first three months of 2023 compared with the same period in 2022

The U.S. is Germany’s second-largest market after the EU, accounting for 8.9 percent of its exports, but to top off Germany’s troubles, Washington is becoming more protectionist under Joe Biden.

The obvious solution is for Germany to spend more. Greater investment could raise productivity in a country where the railways have the worst delays among major European countries and cellphone and internet connectivity are underfunded

Investment could boost demand, and liberalizing policies could rebalance the economy toward services.

But a dogma of balanced budgets and debt avoidance remains deeply anchored among German politicians and voters.

Now Germany, whose effort to confront its Nazi history seemed to inoculate its politicians from having to deal with a large far-right party, is also falling prey to populism and nationalism.

ore and more governments across Europe are led by right-wing parties: in Italy, Sweden, Finland, and soon possibly Spain. In all of these countries, the center-right no longer has qualms about working with the far-right.

the penny has not yet dropped. Germany’s political elite hasn’t been moved to take the risky step of running up debts and liberalizing at the same time. But until it does, the country’s economy will likely lag European growth. And if the economy ceases to serve as a source of national pride, political forces may thrive by brandishing more nativist concepts of German identity.

The AfD’s rise to 20 percent in the polls—twice what it commanded in the 2021 parliamentary elections—has many causes. The party’s bastion is the formerly Communist east, where authoritarian attitudes and resentment of traditional parties feed off of feelings of having been the losers in Germany’s reunification

But something broader is going on. For Germans, the hallmark of good government is “Ruhe und Ordnung,” calm and order. The three parties in Scholz’s ruling coalition—the center-left SPD, the Greens, and the pro-business FDP—squabble over everything

The party has also benefited from a backlash against Germany’s progressive agenda on climate and migration

Despite the country’s reputation abroad as a climate champion, in a poll of seven European countries, Germans were the least willing among Europeans to switch to electric cars, cut meat consumption, or spend out of their own pockets to renovate their houses to save the climate.

As for migration, racist views are ingrained in Germany’s formerly Communist east

But the AfD has also been able to mobilize an anti-immigration electorate in big, rich, formerly West German states, such as Bavaria, the land of Siemens and Weisswurst, and Baden-Württemberg

the CDU will need to decide whether it will continue marginalizing the far-right or start working with it instead. The AfD is leading the polls in Thuringia and polling a strong second in Saxony

ermany is joining the European mainstream, with its political class struggling to counter rising far-right support and an economy that is no longer best-in-class. The two things that made postwar Germany unique in Europe are no more

the rise of the AfD is pushing Berlin to become an unreliable partner in Europe. The CDU was once the champion of Schengen, the EU’s policy to allow for passport-less travel across the continent. The party’s leader, Merz, clearly concerned about covering his right flank, has now called for reintroducing passport checks at Germany’s borders with other EU members, such as Czechia, in order to turn away migrants.

As the AfD criticizes the “reckless” spending of the Scholz government, the FDP and the chancellor are doubling down on spending cuts. Germany is becoming less willing to spend for itself and the EU.

The AfD may one day accede to national government, but it cannot do so on its own. To work in a coalition, the party will almost certainly have to compromise on its most radical policy propositions, such as closing the U.S. military base in Ramstein. But even with the AfD merely exerting pressure on German politics, the EU must sooner or later face an adjustment—to a future in which Germany is no longer an economic and political anchor so much as a source of instability.

Here’s the story you may have heard: In the late 1980s Japan experienced a monstrous stock and real estate bubble, which eventually burst. Even now, the Nikkei stock average is significantly below the peak it reached in 1989. When the bubble burst, it left behind troubled banks and an overhang of corporate debt, which led to a generation of economic stagnation.

There’s some truth to aspects of this story, but it misses the most important factor in Japan’s relative decline: demography. Thanks to low fertility and unwillingness to accept immigrants, Japan’s working-age population has been declining quite rapidly since the mid-1990s.

The only way Japan could have avoided a relative decline in the size of its economy would have been to achieve much faster growth in output per worker than other major economies, which it didn’t.

Adjusted for demography, Japan has achieved significant growth: It has seen a 45 percent rise in real income per relevant capita. The United States has done even better, but this hardly fits the narrative of Japanese stagnation.

there’s more. Managing an economy with a declining working-age population is difficult, because low population growth tends to lead to weak investment. This observation is at the heart of the secular stagnation hypothesis, which says that nations with weak population growth tend to have persistent difficulty in maintaining full employment.

Yet Japan has, in fact, managed to avoid mass unemployment, or indeed mass suffering of any kind. Here’s one indicator, the employed percentage of men in their prime working years:

This percentage has remained high in Japan; indeed, consistently higher than that of the United States.

But people have been predicting a Japanese debt crisis for decades, and it hasn’t materialized. In some ways, Japan, rather than being a cautionary tale, is a kind of role model — an example of how to manage difficult demography while remaining prosperous and socially stable.

So Japan’s economic performance since the days when everyone thought it would rule the world has actually been pretty good. It’s true that employment has been sustained in part through large deficit spending, and Japanese debt has shot up:

What about young people? Japan did see a rise in youth unemployment (ages 15-24) in the 1990s, but that rise has since been reversed. Here, via the World Bank, are International Labor Organization estimates of youth unemployment in Japan and, since the subject is attracting attention, China:

while this is hard to quantify, lots of people I’ve talked to say that Japanese society is far more dynamic and culturally creative than many outsiders realize. The economist and blogger Noah Smith, who knows the country well, says that Tokyo is the new Paris

having been taken around Tokyo by locals, I can confirm that the city has a lot of vitality.

True, that same language barrier means that Tokyo likely can’t play the same role in global culture that Paris once did. But the Japanese are clearly having great success with sophisticated urbanism; if you think of Japan as a tired, stagnant society, you’re getting it wrong.

Will China be the next Japan?

There are some obvious similarities between China now and Japan in 1990. China has a wildly unbalanced economy, with too little consumer demand, kept afloat only by a hypertrophied real estate sector, and its working-age population is declining

there are growing concerns that China may have fallen into the “middle-income trap” that seems to afflict many emerging economies, which grow rapidly but only up to a point, then stall out.

if China is headed for an economic slowdown, the interesting question is whether it can replicate Japan’s social cohesion — its ability to manage slower growth without mass suffering or social instability

is there any indication that China, especially under an erratic authoritarian regime, is capable of pulling this off? Note that China already has much higher youth unemployment than Japan ever did.

These fears are shared by numerous industry leaders, putting them in the unusual position of arguing that a technology they are building — and, in many cases, are furiously racing to build faster than their competitors — poses grave risks and should be regulated more tightly.

Dan Hendrycks, the executive director of the Center for AI Safety, said in an interview that the open letter represented a “coming-out” for some industry leaders who had expressed concerns — but only in private — about the risks of the technology they were developing.

Some skeptics argue that A.I. technology is still too immature to pose an existential threat. When it comes to today’s A.I. systems, they worry more about short-term problems, such as biased and incorrect responses, than longer-term dangers.

“There’s a very common misconception, even in the A.I. community, that there only are a handful of doomers,” Mr. Hendrycks said. “But, in fact, many people privately would express concerns about these things.”

But others have argued that A.I. is improving so rapidly that it has already surpassed human-level performance in some areas, and it will soon surpass it in others. They say the technology has showed signs of advanced capabilities and understanding, giving rise to fears that “artificial general intelligence,” or A.G.I., a type of artificial intelligence that can match or exceed human-level performance at a wide variety of tasks, may not be far-off.

In a blog post last week, Mr. Altman and two other OpenAI executives proposed several ways that powerful A.I. systems could be responsibly managed. They called for cooperation among the leading A.I. makers, more technical research into large language models and the formation of an international A.I. safety organization, similar to the International Atomic Energy Agency, which seeks to control the use of nuclear weapons.

Mr. Altman has also expressed support for rules that would require makers of large, cutting-edge A.I. models to register for a government-issued license.

The brevity of the new statement from the Center for AI Safety — just 22 words in all — was meant to unite A.I. experts who might disagree about the nature of specific risks or steps to prevent those risks from occurring, but who shared general concerns about powerful A.I. systems, Mr. Hendrycks said.

“We didn’t want to push for a very large menu of 30 potential interventions,” Mr. Hendrycks said. “When that happens, it dilutes the message.”

The statement was initially shared with a few high-profile A.I. experts, including Mr. Hinton, who quit his job at Google this month so that he could speak more freely, he said, about the potential harms of artificial intelligence. From there, it made its way to several of the major A.I. labs, where some employees then signed on.

Almost half of the voters who said they “somewhat disapprove” of Biden as president still voted for Democrats, presumably because they were not going to vote for Trumpianism

In a Reuters/Ipsos poll in September, 58 percent of respondents said that the MAGA movement was threatening America’s democratic foundations.

The Republicans are weak because of Trump. The Republican weakness is easier to expunge. If Republicans get rid of Trump, they could become the dominant party in America

Gov. Tony Evers of Wisconsin had the quotation that summarized the election: “Boring wins.”

I am saying voters have built a wall around that movement to make sure it no longer wins the power it once enjoyed. I am saying voters have given Republicans clear marching orders — to do what Democrats did and beat back the populist excesses on their own side.

There are two large truths I’ll leave you with. The first is that both parties are fundamentally weak. The Democrats are weak because they have become the party of the educated elite.

Americans are still deeply unhappy with the state of the country, but their theory of change seems to have begun to shift. Less histrionic media soap opera. Less existential politics of menace. Let’s find people who can get stuff done.

Second, the battle to preserve the liberal world order is fully underway. While populist authoritarianism remains a powerful force worldwide, people, from Kyiv to Kalamazoo, have risen up to push us toward a world in which rules matter, practicality matters, stability and character matter.

As Irving Kristol once wrote, the people in our democracy “are not uncommonly wise, but their experience tends to make them uncommonly sensible.”

Putin may be possessed by neo-imperial dreams of Russia’s place in Europe, but he is presiding over a state of affairs that has steadily given Beijing more leverage over Moscow. Far removed from the days of the Cold War when the Kremlin viewed communist China as its “poorer cousin,” Russia — isolated and enfeebled — is sliding inexorably into the role of “junior partner” to the Asian giant.

The war in Ukraine has rendered Russia increasingly dependent on China: Sanctions have curtailed the global market for its exports and thinned out possible suppliers for its exports. Enter China, whose imports from Russia have surged, jumping 80 percent in May compared with last year, largely in the form of oil and other natural resources. The Russian market, left bereft of many European products, may get all the more flooded by Chinese goods and technology in the months and even years ahead.

Gabuev suggested that current trendlines could see China’s renminbi, which has already outperformed the euro on Moscow’s stock exchange, becoming “the de facto reserve currency for Russia even without being fully convertible,” and thereby “increasing Moscow’s dependence on Beijing.”

Imbalances that already existed between both countries are only amplifying. China is edging closer to Russia as a leading arms supplier to developing countries. Russia was compelled to significantly discount oil sales to China, while Chinese car manufacturers — recognizing the paucity of options now facing Russian consumers — have in some instances raised prices for their vehicles in Russia by 50 percent

Gabuev unpacked the geopolitical ramifications of Russia’s supplication to China. “To keep China happy, Russian leaders will have little choice but to accept unfavorable terms in commercial negotiations, to support Chinese positions in international forums such as the United Nations, and even to curtail Moscow’s relations with other countries, such as India and Vietnam,”

Even in the remote scenario where Putin himself falls, it’s hard to imagine the broader tectonic realignments taking place would shift all that much. “Russia is turning into a giant Eurasian Iran: fairly isolated, with a smaller and more technologically backward economy thanks to its hostilities to the West but still too big and too important to be considered irrelevant,

With China as Russia’s biggest external partner and major diplomatic ally, Gabuev concluded, “the aging ruling elite in the Kremlin, myopically fixated on Washington, will be even more eager to serve as China’s handmaidens as it rises to become the archrival of the United States.”

“The best way for the West to deal with the China-Russia alignment is to acknowledge that these bonds are strong and to improve its own resilience and deterrence capacities,” wrote Justyna Szczudlik, a China analyst at the Polish Institute of International Affairs.

We tend to take it for granted, but it is an astonishing novelty in human history. For thousands of years, military expenditure was by far the biggest item on the budget

The decline of war didn’t result from a divine miracle or from a change in the laws of nature. It resulted from humans making better choices. It is arguably the greatest political and moral achievement of modern civilisation.

he fact that it stems from human choice also means that it is reversible.

Technology, economics and culture continue to change. The rise of cyber weapons, AI-driven economies and newly militaristic cultures could result in a new era of war, worse than anything we have seen befor

Maybe the law of the jungle is a choice rather than an inevitability?

a poor choice by just one side can lead to war.

This is why the Russian threat to invade Ukraine should concern every person on Earth

The first and most obvious result of a return to the law of the jungle would be a sharp increase in military spending at the expense of everything else

A return to the jungle would also undermine global co-operation on problems such as preventing catastrophic climate change or regulating disruptive technologies such as artificial intelligence and genetic engineering.

If you believe that historic change is impossible, and that humanity never left the jungle and never will, the only choice left is whether to play the part of predator or prey.

To enjoy peace, we need almost everyone to make good choice

If so, any leader who chooses to conquer a neighbour will get a special place in humanity’s memory, far worse than your run-of-the-mill Tamerlane. He will go down in history as the man who ruined our greatest achievement

perhaps we can learn from the Ukrainians.

They endured two centuries of tsarist autocracy (which finally collapsed amidst the cataclysm of the first world war). A brief attempt at independence was quickly crushed by the Red Army that re-established Russian rule. Ukrainians then lived through the terrible man-made famine of the Holodomor, Stalinist terror, Nazi occupation and decades of soul-crushing Communist dictatorship. When the Soviet Union collapsed, history seemed to guarantee that Ukrainians would again go down the path of brutal tyranny – what else did they know?

Despite history, despite grinding poverty and despite seemingly insurmountable obstacles, Ukrainians established a democracy. In Ukraine, unlike in Russia and Belarus, opposition candidates repeatedly replaced incumbents

Every old thing was once new. It all comes down to human choices

What if a segment of the population actually supported, or at least tolerated, the CCP? And even if that segment involved both myth and fact, it behooves the CCP to keep the myth alive.

How does the CCP garner popular support in an information era? How does a dictatorship explain to its population that its unchallenged rule is wise, just, and socially beneficial?

All of this takes place against a backdrop of family and social developments in which we can explore household dynamics, dating habits, and professional aspirations—all within social norms for those honest party members and seemingly violated by those who are not so honest.

watch the television series Renmin de Mingyi (“In the Name of the People”), publicly available with English subtitles.

In the Name of the People is a primetime drama about a local prosecutor’s efforts to root out corruption in a modern-day, though fictional, Chinese city. Beyond the anti-corruption narrative, the series also goes into local CCP politics as some of the leaders are (you guessed it) corrupt and others are simply bureaucratic time-servers, guarding their own privileges and status without actually helping the people they purport to serve.

the series boasts one of Xi’s other main themes, “common prosperity,” a somewhat elastic term that usually means the benefits of prosperity should be shared throughout all segments of society.

The historical tools used to generate support such as mass rallies and large-scale hectoring no longer work with a more educated and communications-oriented citizenry.

the central themes are quite clear: The party has brought historical prosperity to the community and there are a few bad apples who are unfairly trying to benefit from this wealth. There are also various sluggards and mediocrities who have no capacity for improvement or sense of public responsibilities.

So we see government officials pondering if they can ever find a date (being the workaholics that they are), or discussing housework with their spouses, or sharing kitchen duties, or reviewing school work with their child.

The show makes clear that the vast majority of party members and government officials are dedicated souls who work to improve peoples’ lives. And in the end, virtue triumphs, the party triumphs, China triumphs, and most (not all) of the personal issues are resolved as well.

The show’s version of the CCP eagerly and uncynically supports Chinese culture: The same union leader from the wildcat strike also writes and publishes poetry. Calligraphy is as prized as specialty teas. And all of this is told in a lively style, similar to the Hollywood fare Americans might watch.

n the Name of the People was first broadcast in 2017 as a lead-up to the last Communist Party Congress, China’s most important decision-making gathering, held every five years. The show’s launch was a huge hit, achieving the highest broadcast ratings of any show in a decade.

Within a month, the first episode had been seen over 350 million times and just one of the streaming platforms, iQIYI, reported a total of 5.9 billion views for the show’s 55 episodes.

All of this must come as good news for the prosecutors featured so favorably in the series—for their real-life parent government body, the Supreme People’s Protectorate, commissioned and provided financing for the show.

At a minimum, these shows illustrate a stronger self-awareness in the CCP and considerable improvement in communication strategy.

Most important, it provides direction to current party members. Indeed, in some cities viewing was made obligatory and the basis for “study sessions” for party cadres

Second, the enormous public success of the series and acknowledging deficiencies of the party allows the party to control the criticism without ever addressing the fundamental question of whether a one-party system is intrinsically susceptible to corruption or poor performance.

As communication specialists like to say, There is already a conversation taking place about your brand—the only question is whether you will lead the conversation. The CCP is leading in its communications strategy and making it as easy as possible for Chinese citizens to support Xi.

it is not difficult to see that in this area, as in many others, China is breaking with tactics from the past and is playing its cards increasingly well. Whether the CCP can renew itself, reestablish that social contract, and live up to its television image is another question.

Surprisingly, Iran is not happy with Azerbaijan’s victory. As openly as the Iranians ever do, they’ve threatened to use force against any changes to the borders of Armenia. Iran, a millenniums-old civilization central to a whole continent, cannot tolerate being walled off behind a chain of Turkish dependencies. India, similarly, is on Armenia’s side and has been sending a regular supply of weapons. One spur for such support, no doubt, is Pakistan’s joining the Azeri-Turkish alliance. In the jargon of American lawyers, this opens a whole new can of worms.

Then there’s Russia, whose absence from the denouement in Nagorno-Karabakh was striking. Even after the 1990s, Moscow still remained by far the biggest supplier of weapons to both Armenia and Azerbaijan. Their economies and societies, above all the elites and their corruption networks, were until very recently molded together. What we are seeing now, as both nations slip out of Russia’s orbit, might be the second round of Soviet collapse.

Once again, Armenia started the shift. In spring 2018 a tremendously hopeful uprising, reminiscent of 1989 in Central Europe, forced the post-communist elites to surrender power. Vladimir Putin was visibly displeased to meet Nikol Pashinyan, the anticorruption journalist and street rebel elected Armenia’s premier by an overwhelming majority. Mr. Pashinyan admittedly had neither political team nor experience; he is learning statesmanship on the job, often at great expense to his nation. Yet he managed to significantly reduce corruption, helping to unlock the legendary entrepreneurship of Armenians. Amid all the grim news, the Armenian economy, led by the I.T. sector, is registering impressive growth.

History has a habit of serving the same lessons with changed variables. In 1988, it was the dreamer Gorbachev stumbling over Nagorno-Karabakh that unwittingly shattered the world order. Today, Mr. Putin could become the second, much darker incarnation of the Kremlin aggrandizer going awry on all fronts. The consequences — from emboldening international aggression to reanimating the West under the banner of NATO — will be profound. As events in Nagorno-Karabakh show, the fragile post-Cold War order is giving way to something else entirely.

The Caucasus might seem strange and distant. Yet it might prove the wedge that turns the fortunes of world order. Trieste, Smyrna, Sarajevo, Danzig and Crimea were all such places. Let us not have to relearn history at the cost of yet another ethnic cleansing

McCarthy managed to do this with Biden on the debt deal, to the fury of Republican hardliners. But how else can you govern a country of 330 million? It’s hard under the best of circumstances, and it’s impossible when you only control a tiny slice of government—and not by much. Here we are talking about a 221-212 GOP majority in one half of one branch, Congress, in a government that has three branches.

Peter Thiel has lost interest in democracy.

Thiel has cultivated an image as a man of ideas, an intellectual who studied philosophy with René Girard and owns first editions of Leo Strauss in English and German. Trump quite obviously did not share these interests, or Thiel’s libertarian principles.

For years, Thiel had been saying that he generally favored the more pessimistic candidate in any presidential race because “if you’re too optimistic, it just shows you’re out of touch.” He scorned the rote optimism of politicians who, echoing Ronald Reagan, portrayed America as a shining city on a hill. Trump’s America, by contrast, was a broken landscape, under siege.

Thiel is not against government in principle, his friend Auren Hoffman (who is no relation to Reid) says. “The ’30s, ’40s, and ’50s—which had massive, crazy amounts of power—he admires because it was effective. We built the Hoover Dam. We did the Manhattan Project,” Hoffman told me. “We started the space program.”

Their failure to make the world conform to his vision has soured him on the entire enterprise—to the point where he no longer thinks it matters very much who wins the next election.

His libertarian critique of American government has curdled into an almost nihilistic impulse to demolish it.

“Voting for Trump was like a not very articulate scream for help,” Thiel told me. He fantasized that Trump’s election would somehow force a national reckoning. He believed somebody needed to tear things down—slash regulations, crush the administrative state—before the country could rebuild.

He admits now that it was a bad bet.

“There are a lot of things I got wrong,” he said. “It was crazier than I thought. It was more dangerous than I thought. They couldn’t get the most basic pieces of the government to work. So that was—I think that part was maybe worse than even my low expectations.”

eid Hoffman, who has known Thiel since college, long ago noticed a pattern in his old friend’s way of thinking. Time after time, Thiel would espouse grandiose, utopian hopes that failed to materialize, leaving him “kind of furious or angry” about the world’s unwillingness to bend to whatever vision was possessing him at the moment

Thiel. He is worth between $4 billion and $9 billion. He lives with his husband and two children in a glass palace in Bel Air that has nine bedrooms and a 90-foot infinity pool. He is a titan of Silicon Valley and a conservative kingmaker.

“Peter tends to be not ‘glass is half empty’ but ‘glass is fully empty,’” Hoffman told me.

he tells the story of his life as a series of disheartening setbacks.

He met Mark Zuckerberg, liked what he heard, and became Facebook’s first outside investor. Half a million dollars bought him 10 percent of the company, most of which he cashed out for about $1 billion in 2012.

Thiel made some poor investments, losing enormous sums by going long on the stock market in 2008, when it nose-dived, and then shorting the market in 2009, when it rallied

on the whole, he has done exceptionally well. Alex Karp, his Palantir co-founder, who agrees with Thiel on very little other than business, calls him “the world’s best venture investor.”

Thiel told me this is indeed his ambition, and he hinted that he may have achieved it.

He longs for radical new technologies and scientific advances on a scale most of us can hardly imagine

He longs for a world in which great men are free to work their will on society, unconstrained by government or regulation or “redistributionist economics” that would impinge on their wealth and power—or any obligation, really, to the rest of humanity

Did his dream of eternal life trace to The Lord of the Rings?

He takes for granted that this kind of progress will redound to the benefit of society at large.

More than anything, he longs to live forever.

Calling death a law of nature is, in his view, just an excuse for giving up. “It’s something we are told that demotivates us from trying harder,”

Thiel grew up reading a great deal of science fiction and fantasy—Heinlein, Asimov, Clarke. But especially Tolkien; he has said that he read the Lord of the Rings trilogy at least 10 times. Tolkien’s influence on his worldview is obvious: Middle-earth is an arena of struggle for ultimate power, largely without government, where extraordinary individuals rise to fulfill their destinies. Also, there are immortal elves who live apart from men in a magical sheltered valley.

But his dreams have always been much, much bigger than that.

Yes, Thiel said, perking up. “There are all these ways where trying to live unnaturally long goes haywire” in Tolkien’s works. But you also have the elves.

How are the elves different from the humans in Tolkien? And they’re basically—I think the main difference is just, they’re humans that don’t die.”

During college, he co-founded The Stanford Review, gleefully throwing bombs at identity politics and the university’s diversity-minded reform of the curriculum. He co-wrote The Diversity Myth in 1995, a treatise against what he recently called the “craziness and silliness and stupidity and wickedness” of the left.

Thiel laid out a plan, for himself and others, “to find an escape from politics in all its forms.” He wanted to create new spaces for personal freedom that governments could not reach

But something changed for Thiel in 2009

he people, he concluded, could not be trusted with important decisions. “I no longer believe that freedom and democracy are compatible,” he wrote.

ven more notable one followed: “Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women—two constituencies that are notoriously tough for libertarians—have rendered the notion of ‘capitalist democracy’ into an oxymoron.”

By 2015, six years after declaring his intent to change the world from the private sector, Thiel began having second thoughts. He cut off funding for the Seasteading Institute—years of talk had yielded no practical progress–and turned to other forms of escape

The fate of our world may depend on the effort of a single person who builds or propagates the machinery of freedom,” he wrote. His manifesto has since become legendary in Silicon Valley, where his worldview is shared by other powerful men (and men hoping to be Peter Thiel).

Thiel’s investment in cryptocurrencies, like his founding vision at PayPal, aimed to foster a new kind of money “free from all government control and dilution

His decision to rescue Elon Musk’s struggling SpaceX in 2008—with a $20 million infusion that kept the company alive after three botched rocket launches—came with aspirations to promote space as an open frontier with “limitless possibility for escape from world politics

It was seasteading that became Thiel’s great philanthropic cause in the late aughts and early 2010s. The idea was to create autonomous microstates on platforms in international waters.

“There’s zero chance Peter Thiel would live on Sealand,” he said, noting that Thiel likes his comforts too much. (Thiel has mansions around the world and a private jet. Seal performed at his 2017 wedding, at the Belvedere Museum in Vienna.)

As he built his companies and grew rich, he began pouring money into political causes and candidates—libertarian groups such as the Endorse Liberty super PAC, in addition to a wide range of conservative Republicans, including Senators Orrin Hatch and Ted Cruz

Sam Altman, the former venture capitalist and now CEO of OpenAI, revealed in 2016 that in the event of global catastrophe, he and Thiel planned to wait it out in Thiel’s New Zealand hideaway.

When I asked Thiel about that scenario, he seemed embarrassed and deflected the question. He did not remember the arrangement as Altman did, he said. “Even framing it that way, though, makes it sound so ridiculous,” he told me. “If there is a real end of the world, there is no place to go.”

You’d have eco farming. You’d turn the deserts into arable land. There were sort of all these incredible things that people thought would happen in the ’50s and ’60s and they would sort of transform the world.”

None of that came to pass. Even science fiction turned hopeless—nowadays, you get nothing but dystopias

He hungered for advances in the world of atoms, not the world of bits.

Founders Fund, the venture-capital firm he established in 200

The fund, therefore, would invest in smart people solving hard problems “that really have the potential to change the world.”

This was not what Thiel wanted to be doing with his time. Bodegas and dog food were making him money, apparently, but he had set out to invest in transformational technology that would advance the state of human civilization.

He told me that he no longer dwells on democracy’s flaws, because he believes we Americans don’t have one. “We are not a democracy; we’re a republic,” he said. “We’re not even a republic; we’re a constitutional republic.”

“It was harder than it looked,” Thiel said. “I’m not actually involved in enough companies that are growing a lot, that are taking our civilization to the next level.”

Founders Fund has holdings in artificial intelligence, biotech, space exploration, and other cutting-edge fields. What bothers Thiel is that his companies are not taking enough big swings at big problems, or that they are striking out.

In at least 20 hours of logged face-to-face meetings with Buma, Thiel reported on what he believed to be a Chinese effort to take over a large venture-capital firm, discussed Russian involvement in Silicon Valley, and suggested that Jeffrey Epstein—a man he had met several times—was an Israeli intelligence operative. (Thiel told me he thinks Epstein “was probably entangled with Israeli military intelligence” but was more involved with “the U.S. deep state.”)

Buma, according to a source who has seen his reports, once asked Thiel why some of the extremely rich seemed so open to contacts with foreign governments. “And he said that they’re bored,” this source said. “‘They’re bored.’ And I actually believe it. I think it’s that simple. I think they’re just bored billionaires.”

he has a sculpture that resembles a three-dimensional game board. Ascent: Above the Nation State Board Game Display Prototype is the New Zealander artist Simon Denny’s attempt to map Thiel’s ideological universe. The board features a landscape in the aesthetic of Dungeons & Dragons, thick with monsters and knights and castles. The monsters include an ogre labeled “Monetary Policy.” Near the center is a hero figure, recognizable as Thiel. He tilts against a lion and a dragon, holding a shield and longbow. The lion is labeled “Fair Elections.” The dragon is labeled “Democracy.” The Thiel figure is trying to kill them.

When I asked Thiel to explain his views on democracy, he dodged the question. “I always wonder whether people like you … use the word democracy when you like the results people have and use the word populism when you don’t like the results,” he told me. “If I’m characterized as more pro-populist than the elitist Atlantic is, then, in that sense, I’m more pro-democratic.”

“I couldn’t find them,” he said. “I couldn’t get enough of them to work.

He said he has no wish to change the American form of government, and then amended himself: “Or, you know, I don’t think it’s realistic for it to be radically changed.” Which is not at all the same thing.

When I asked what he thinks of Yarvin’s autocratic agenda, Thiel offered objections that sounded not so much principled as practical.

“I don’t think it’s going to work. I think it will look like Xi in China or Putin in Russia,” Thiel said, meaning a malign dictatorship. “It ultimately I don’t think will even be accelerationist on the science and technology side, to say nothing of what it will do for individual rights, civil liberties, things of that sort.”

Still, Thiel considers Yarvin an “interesting and powerful” historian

he always talks about is the New Deal and FDR in the 1930s and 1940s,” Thiel said. “And the heterodox take is that it was sort of a light form of fascism in the United States.”

Yarvin, Thiel said, argues that “you should embrace this sort of light form of fascism, and we should have a president who’s like FDR again.”

Did Thiel agree with Yarvin’s vision of fascism as a desirable governing model? Again, he dodged the question.

“That’s not a realistic political program,” he said, refusing to be drawn any further.

ooking back on Trump’s years in office, Thiel walked a careful line.

A number of things were said and done that Thiel did not approve of. Mistakes were made. But Thiel was not going to refashion himself a Never Trumper in retrospect.

“I have to somehow give the exact right answer, where it’s like, ‘Yeah, I’m somewhat disenchanted,’” he told me. “But throwing him totally under the bus? That’s like, you know—I’ll get yelled at by Mr. Trump. And if I don’t throw him under the bus, that’s—but—somehow, I have to get the tone exactly right.”

Thiel knew, because he had read some of my previous work, that I think Trump’s gravest offense against the republic was his attempt to overthrow the election. I asked how he thought about it.

“Look, I don’t think the election was stolen,” he said. But then he tried to turn the discussion to past elections that might have been wrongly decided. Bush-Gore in 2000, for instanc

He came back to Trump’s attempt to prevent the transfer of power. “I’ll agree with you that it was not helpful,” he said.

there is another piece of the story, which Thiel reluctantly agreed to discuss

Puck reported that Democratic operatives had been digging for dirt on Thiel since before the 2022 midterm elections, conducting opposition research into his personal life with the express purpose of driving him out of politic

Among other things, the operatives are said to have interviewed a young model named Jeff Thomas, who told them he was having an affair with Thiel, and encouraged Thomas to talk to Ryan Grim, a reporter for The Intercept. Grim did not publish a story during election season, as the opposition researchers hoped he would, but he wrote about Thiel’s affair in March, after Thomas died by suicide.

He deplored the dirt-digging operation, telling me in an email that “the nihilism afflicting American politics is even deeper than I knew.”

He also seemed bewildered by the passions he arouses on the left. “I don’t think they should hate me this much,”

he spoke at the closed-press event with a lot less nuance than he had in our interviews. His after-dinner remarks were full of easy applause lines and in-jokes mocking the left. Universities had become intellectual wastelands, obsessed with a meaningless quest for diversity, he told the crowd. The humanities writ large are “transparently ridiculous,” said the onetime philosophy major, and “there’s no real science going on” in the sciences, which have devolved into “the enforcement of very curious dogmas.”

“Diversity—it’s not enough to just hire the extras from the space-cantina scene in Star Wars,” he said, prompting laughter.

Nor did Thiel say what genuine diversity would mean. The quest for it, he said, is “very evil and it’s very silly.”

“the silliness is distracting us from very important things,” such as the threat to U.S. interests posed by the Chinese Communist Party.

“Whenever someone says ‘DEI,’” he exhorted the crowd, “just think ‘CCP.’”

Somebody asked, in the Q&A portion of the evening, whether Thiel thought the woke left was deliberately advancing Chinese Communist interests

“It’s always the difference between an agent and asset,” he said. “And an agent is someone who is working for the enemy in full mens rea. An asset is a useful idiot. So even if you ask the question ‘Is Bill Gates China’s top agent, or top asset, in the U.S.?’”—here the crowd started roaring—“does it really make a difference?”

About 10 years ago, Thiel told me, a fellow venture capitalist called to broach the question. Vinod Khosla, a co-founder of Sun Microsystems, had made the Giving Pledge a couple of years before. Would Thiel be willing to talk with Gates about doing the same?

Thiel feels that giving his billions away would be too much like admitting he had done something wrong to acquire them

He also lacked sympathy for the impulse to spread resources from the privileged to those in need. When I mentioned the terrible poverty and inequality around the world, he said, “I think there are enough people working on that.”

besides, a different cause moves him far more.

Should Thiel happen to die one day, best efforts notwithstanding, his arrangements with Alcor provide that a cryonics team will be standing by.

Then his body will be cooled to –196 degrees Celsius, the temperature of liquid nitrogen. After slipping into a double-walled, vacuum-insulated metal coffin, alongside (so far) 222 other corpsicles, “the patient is now protected from deterioration for theoretically thousands of years,” Alcor literature explains.

All that will be left for Thiel to do, entombed in this vault, is await the emergence of some future society that has the wherewithal and inclination to revive him. And then make his way in a world in which his skills and education and fabulous wealth may be worth nothing at all.

I wondered how much Thiel had thought through the implications for society of extreme longevity. The population would grow exponentially. Resources would not. Where would everyone live? What would they do for work? What would they eat and drink? Or—let’s face it—would a thousand-year life span be limited to men and women of extreme wealth?

“Well, I maybe self-serve,” he said, perhaps understating the point, “but I worry more about stagnation than about inequality.”

Thiel is not alone among his Silicon Valley peers in his obsession with immortality. Oracle’s Larry Ellison has described mortality as “incomprehensible.” Google’s Sergey Brin aspires to “cure death.” Dmitry Itskov, a leading tech entrepreneur in Russia, has said he hopes to live to 10,000.

. “I should be investing way more money into this stuff,” he told me. “I should be spending way more time on this.”

You haven’t told your husband? Wouldn’t you want him to sign up alongside you?“I mean, I will think about that,” he said, sounding rattled. “I will think—I have not thought about that.”

No matter how fervent his desire, Thiel’s extraordinary resources still can’t buy him the kind of “super-duper medical treatments” that would let him slip the grasp of death. It is, perhaps, his ultimate disappointment.

There are all these things I can’t do with my money,” Thiel said.

we can’t simply replace one simplistic narrative, about the super power of mitigation policy, for another, focused only on the burdens it imposed and not at all on the costs of doing much less — or nothing at all.

Let’s start with the title. What is the big failure, as you see it?

McLean: I think it gets at things that had happened in America even before the pandemic hit. And among those things were, I think, a failure to recognize the limits of capitalism, a failure of government to set the right rules for it, particularly when it comes to our health care system; a focus on profits that may have led to an increase in the bottom line but created fragility in ways people didn’t understand; and then our growing polarization that made us incapable of talking to each other

How big is the failure? When I look at The Economist’s excess mortality data, I see the U.S. had the 53rd-worst outcome in the world — worse than all of Western Europe, but better than all of Eastern Europe.

McLean: I think one way to quantify it is to take all those numbers and then put them in the context of our spending on health care. Given the amount we spend on health care relative to other countries, the scale of the failure becomes more apparent.

o me, the most glaring example is the schools. They were closed without people thinking through the potential consequences of closing down public schools, especially for disadvantaged kids.

to compound it, in my view, public health never made the distinction that needed to be made between the vulnerabilities of somebody 70 years old and the vulnerabilities of somebody 10 years old.

In the beginning of the book you write, in what almost feels like a thesis statement for the book: “A central tenet of this book is that we could not have done better, and pretending differently is a dangerous fiction, one that prevents us from taking a much needed look in the mirror.”

This claim, that the U.S. could not have done any better, runs against your other claim, that what we observed was an American failure. It is also a pretty extreme claim, I think, and I wanted to press you on it in part because it is, in my view, undermined by quite a lot of the work you do in the book itself.

Would the U.S. not have done better if it had recognized earlier that the disease spread through the air rather than in droplets? Would it not have done better if it hadn’t bungled the rollout of a Covid test in the early months?

McLean: Everything that you mentioned — the point of the book is that those were set by the time the pandemic hit.

in retrospect, what we were doing was to try to delay as much spread as we could until people got vaccinated. All the things that we did in 2020 were functionally serving or trying to serve that purpose. Now, given that, how can you say that none of that work saved lives?

McLean: I think that the test failure was baked into the way that the C.D.C. had come to operate

But the big question I really want to ask is this one: According to the C.D.C., we’ve had almost 1.2 million deaths from Covid. Excess mortality is nearly 1.4 million. Is it really your contention that there was nothing we might’ve done that brought that total down to 1.1 million, for instance, or even 900,000?

McLean: It’s very — you’re right. If you went through each and every thing and had a crystal ball and you could say, this could have been done, this could have been moved up by a month, we could have gotten PPE …