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“He disavowed us,” Mr. Johnson acknowledged, “but he explained why there is so much anger in America that I couldn’t have asked for a better approach from him.”

Like others in his world, Mr. Taylor does not know if Mr. Trump agrees with him on everything. In an interview, he suggested that it did not really matter, and that Mr. Trump was expressing the discomfort many white people felt about other races.

“He says what everyone thinks,” Mr. Conrad said of Mr. Trump. “He says what we’re all thinking. He’s bringing people together. We say, ‘Hey, that’s right; we can say this.’

But on the flatlands of social media, the border between Mr. Trump and white supremacists easily blurs. He has retweeted supportive messages from racist or nationalist Twitter accounts to his nine million followers. Last fall, he retweeted a graphic with fictitious crime statistics claiming that 81 percent of white homicide victims in 2015 were killed by blacks. (No such statistic was available for 2015 at the time; the actual figure for 2014 was 15 percent, according to the F.B.I.)

In January and February he retweeted messages from a user with the handle @WhiteGenocideTM, whose profile picture is of George Lincoln Rockwell, the founder of the American Nazi Party. A couple of days later, in quick succession, he retweeted two more accounts featuring white nationalist or Nazi themes. Mr. Trump deleted one of the retweets, but white supremacists saw more than a twitch of the thumb. “Our Glorious Leader and ULTIMATE SAVIOR has gone full wink-wink-wink to his most aggressive supporters,” Mr. Anglin wrote on The Daily Stormer.

In fact, Mr. Trump’s Twitter presence is tightly interwoven with hordes of mostly anonymous accounts trafficking in racist and anti-Semitic attacks. When Little Bird, a social media data mining company, analyzed a week of Mr. Trump’s Twitter activity, it found that almost 30 percent of the accounts Mr. Trump retweeted in turn followed one or more of 50 popular self-identified white nationalist accounts.

After Mr. Trump attacked a profile of his wife, Melania, in GQ, the article’s author, the journalist Julia Ioffe, who is Jewish, was inundated with anti-Semitic abuse on social media, including a cartoon depicting Ms. Ioffe in a concentration camp.Asked whether he condemned the attacks, Mr. Trump told an interviewer: “I don’t have a message to the fans. A woman wrote an article that’s inaccurate.

Market fundamentalists believed, for instance, that if only the government would ensure that inflation was low and stable, markets would ensure growth and prosperity for all. While in most of the world market fundamentalism has been discredited, especially in the aftermath of the 2008 global financial crisis, those beliefs survive and flourish within the eurozone’s dominant power, Germany. These beliefs are held with such conviction and certainty, immune to new contrary evidence, that they are rightly described as an ideology.

The founders of the euro were guided by a set of ideas and notions about how economies function that were fashionable at the time, but that were simply wrong. They had faith in markets, but lacked an understanding of the limitations of markets and what was required to make them work.

It was not simply that the eurozone was not structured to accommodate Europe’s economic diversity; it was that the structure of the eurozone, its rules and regulations, were not designed to promote growth, employment and stability.

Germany is talked about as a “success” only by comparison with the other countries of the eurozone.

It is perhaps natural that the eurozone’s leaders want to blame the victim – to blame the countries in recession or depression or reeling from a referendum result – for bringing about this state of affairs. They do not want to blame themselves and the great institutions that they have helped create, and which they now head.

According to Juncker, Europe is not to be held together because of the benefits that accrue – benefits that far exceed the costs, the economic prosperity, the sense of solidarity, the pride in being a European. No, Europe is to be held together by threats and fear – of what would happen if a country leaves.

One of the first lessons of economics is that bygones are bygones. One should always ask: given where we are, what should we do? On both sides of the Channel, politics should be directed at understanding the underlying sources of anger; how, in a democracy, the political establishment could have done so little to address the concerns of so many citizens, and figuring out how to do that now: to create within each country, and through cross-border arrangements, a new, more democratic Europe, which sees its goal as improving the wellbeing of ordinary citizens

There are alternatives to the current arrangements that can create a true shared prosperity: the challenge is to learn from the past to create this new economics and politics of the future. The Brexit referendum was a shock. My hope is that the shock will set off waves on both sides of the Channel that will lead to this new, reformed European Union.

When the galleys of “Age of Anger” arrived, I dived for them. They slipped through the mail slot just after the Trump victory rocked my own faith in progress. Liberalism has no choice but to sincerely wrestle with its discontents, to become reacquainted with its moral blind spots and political weaknesses.

A recent series of articles on fraternities by Bloomberg News’s David Glovin and John Hechinger notes that since 2005, more than 60 people—the majority of them students—have died in incidents linked to fraternities, a sobering number in itself, but one that is dwarfed by the numbers of serious injuries, assaults, and sexual crimes that regularly take place in these houses.

I have spent most of the past year looking deeply into the questions posed by these lawsuits, and more generally into the particular nature of fraternity life on the modern American campus

to answer the vexing question “why don’t colleges just get rid of their bad fraternities?”—the system, and its individual frats, have only grown in power and influence. Indeed, in many substantive ways, fraternities are now mightier than the colleges and universities that host them.

The entire multibillion-dollar, 2,000-campus American college system

the Kappa Alpha Society. Word of the group spread, and a new kind of college institution was founded, and with it a brand-new notion: that going to college could include some pleasure. It was the American age of societies, and this new type fit right in.

every moment of the experience is sweetened by the general understanding that with each kegger and rager, each lazy afternoon spent snoozing on the quad (a forgotten highlighter slowly drying out on the open pages of Introduction to Economics, a Coke Zero sweating beside it), they are actively engaged in the most significant act of self-improvement available to an American young person: college!

There are many thousands of American undergraduates whose economic futures (and those of their parents) would be far brighter if they knocked off some of their general-education requirements online, or at the local community college—for pennies on the dollar—before entering the Weimar Republic of traditional-college pricing. But college education, like weddings and funerals, tends to prompt irrational financial decision making,

depends overwhelmingly for its very existence on one resource: an ever-renewing supply of fee-paying undergraduates. It could never attract hundreds of thousands of them each year—many of them woefully unprepared for the experience, a staggering number (some 40 percent) destined never to get a degree, more than 60 percent of them saddled with student loans that they very well may carry with them to their deathbeds—if the experience were not accurately marketed as a blast.

When colleges tried to shut them down, fraternities asserted that any threat to men’s membership in the clubs constituted an infringement of their right to freedom of association. It was, at best, a legally delicate argument, but it was a symbolically potent one, and it has withstood through the years. The powerful and well-funded political-action committee that represents fraternities in Washington has fought successfully to ensure that freedom-of-association language is included in all higher-education reauthorization legislation, thus “disallowing public Universities the ability to ban fraternities.”

While the fraternities continued to exert their independence from the colleges with which they were affiliated, these same colleges started to develop an increasingly bedeviling kind of interdependence with the accursed societies

the fraternities involved themselves very deeply in the business of student housing, which provided tremendous financial savings to their host institutions, and allowed them to expand the number of students they could admit. Today, one in eight American students at four-year colleges lives in a Greek house

fraternities tie alumni to their colleges in a powerful and lucrative way. At least one study has affirmed what had long been assumed: that fraternity men tend to be generous to their alma maters. Furthermore, fraternities provide colleges with unlimited social programming of a kind that is highly attractive to legions of potential students

It is true that fraternity lawsuits tend to involve at least one, and often more, of the four horsemen of the student-life apocalypse, a set of factors that exist far beyond frat row

the binge-drinking epidemic, which anyone outside the problem has a hard time grasping as serious (everyone drinks in college!) and which anyone with knowledge of the current situation understands as a lurid and complicated disaster

The second is the issue of sexual assault of female undergraduates by their male peers, a subject of urgent importance but one that remains stubbornly difficult even to quantify

The third is the growing pervasiveness of violent hazing on campus

But it’s impossible to examine particular types of campus calamity and not find that a large number of them cluster at fraternity houses

the fourth is the fact that Boomers, who in their own days destroyed the doctrine of in loco parentis so that they could party in blissful, unsupervised freedom, have grown up into the helicopter parents of today

during the period of time under consideration, serious falls from fraternity houses on the two Palouse campuses far outnumbered those from other types of student residences, including privately owned apartments occupied by students. I began to view Amanda Andaverde’s situation in a new light.

Why are so many colleges allowing students to live and party in such unsafe locations? And why do the lawsuits against fraternities for this kind of serious injury and death—so predictable and so preventable—have such a hard time getting traction? The answers lie in the recent history of fraternities and the colleges and universities that host them.

This question is perhaps most elegantly expressed in the subtitle of Robert D. Bickel and Peter F. Lake’s authoritative 1999 book on the subject, The Rights and Responsibilities of the Modern University: Who Assumes the Risks of College Life?

The answer to this question has been steadily evolving ever since the 1960s, when dramatic changes took place on American campuses, changes that affected both a university’s ability to control student behavior and the status of fraternities in the undergraduate firmament. During this period of student unrest, the fraternities—long the unquestioned leaders in the area of sabotaging or ignoring the patriarchal control of school administrators—became the exact opposite: representatives of the very status quo the new activists sought to overthrow. Suddenly their beer bashes and sorority mixers, their panty raids and obsession with the big game, seemed impossibly reactionary when compared with the mind-altering drugs being sampled in off-campus apartments where sexual liberation was being born and the Little Red Book proved, if nothing else, a fantastic coaster for a leaky bong.

American colleges began to regard their students not as dependents whose private lives they must shape and monitor, but as adult consumers whose contract was solely for an education, not an upbringing. The doctrine of in loco parentis was abolished at school after school.

Through it all, fraternities—for so long the repositories of the most outrageous behavior—moldered, all but forgotten.

Animal House, released in 1978, at once predicted and to no small extent occasioned the roaring return of fraternity life that began in the early ’80s and that gave birth to today’s vital Greek scene

In this newly forming culture, the drugs and personal liberation of the ’60s would be paired with the self-serving materialism of the ’80s, all of which made partying for its own sake—and not as a philosophical adjunct to solving some complicated problem in Southeast Asia—a righteous activity for the pampered young collegian. Fraternity life was reborn with a vengeance.

These new members and their countless guests brought with them hard drugs, new and ever-developing sexual attitudes, and a stunningly high tolerance for squalor

Adult supervision was nowhere to be found. Colleges had little authority to intervene in what took place in the personal lives of its students visiting private property. Fraternities, eager to provide their members with the independence that is at the heart of the system—and responsive to members’ wish for the same level of freedom that non-Greek students enjoyed—had largely gotten rid of the live-in resident advisers who had once provided some sort of check on the brothers

, in 1984 Congress passed the National Minimum Drinking Age Act, with the ultimate result of raising the legal drinking age to 21 in all 50 states. This change moved college partying away from bars and college-sponsored events and toward private houses—an ideal situation for fraternities

lawsuits began to pour in.

Liability insurance became both ruinously expensive and increasingly difficult to obtain. The insurance industry ranked American fraternities as the sixth-worst insurance risk in the country—just ahead of toxic-waste-removal companies.

For fraternities to survive, they needed to do four separate but related things: take the task of acquiring insurance out of the hands of the local chapters and place it in the hands of the vast national organizations; develop procedures and policies that would transfer as much of their liability as possible to outside parties; find new and creative means of protecting their massive assets from juries; and—perhaps most important of all—find a way of indemnifying the national and local organizations from the dangerous and illegal behavior of some of their undergraduate members.

comprising a set of realities you should absolutely understand in detail if your son ever decides to join a fraternity.

you may think you belong to Tau Kappa Epsilon or Sigma Nu or Delta Tau Delta—but if you find yourself a part of life-changing litigation involving one of those outfits, what you really belong to is FIPG, because its risk-management policy (and your adherence to or violation of it) will determine your fate far more than the vows you made during your initiation ritual

the need to manage or transfer risk presented by alcohol is perhaps the most important factor in protecting the system’s longevity. Any plaintiff’s attorney worth his salt knows how to use relevant social-host and dramshop laws against a fraternity; to avoid this kind of liability, the fraternity needs to establish that the young men being charged were not acting within the scope of their status as fraternity members. Once they violated their frat’s alcohol policy, they parted company with the frat.

there are actually only two FIPG-approved means of serving drinks at a frat party. The first is to hire a third-party vendor who will sell drinks and to whom some liability—most significant, that of checking whether drinkers are of legal age—will be transferred. The second and far more common is to have a BYO event, in which the liability for each bottle of alcohol resides solely in the person who brought it.

these policies make it possible for fraternities to be the one industry in the country in which every aspect of serving alcohol can be monitored and managed by people who are legally too young to drink it.

But when the inevitable catastrophes do happen, that policy can come to seem more like a cynical hoax than a real-world solution to a serious problem.

Thanks in part to the guest/witness list, Larry can be cut loose, both from the expensive insurance he was required to help pay for (by dint of his dues) as a precondition of membership, and from any legal defense paid for by the organization. What will happen to Larry now?

“I’ve recovered millions and millions of dollars from homeowners’ policies,” a top fraternal plaintiff’s attorney told me. For that is how many of the claims against boys who violate the strict policies are paid: from their parents’ homeowners’ insurance

, the Fraternal Information and Programming Group’s chillingly comprehensive crisis-management plan was included in its manual for many years

the plan serves a dual purpose, at once benevolent and mercenary. The benevolent part is accomplished by the clear directive that injured parties are to receive immediate medical attention, and that all fraternity brothers who come into contact with the relevant emergency workers are to be completely forthright

“Until proven otherwise,” Fierberg told me in April of fraternities, “they all are very risky organizations for young people to be involved in.” He maintains that fraternities “are part of an industry that has tremendous risk and a tremendous history of rape, serious injury, and death, and the vast majority share common risk-management policies that are fundamentally flawed. Most of them are awash in alcohol. And most if not all of them are bereft of any meaningful adult supervision.”

the interests of the national organization and the individual members cleave sharply as this crisis-management plan is followed. Those questionnaires and honest accounts—submitted gratefully to the grown-ups who have arrived, the brothers believe, to help them—may return to haunt many of the brothers, providing possible cause for separating them from the fraternity, dropping them from the fraternity’s insurance, laying the blame on them as individuals and not on the fraternity as the sponsoring organization.

So here is the essential question: In the matter of these disasters, are fraternities acting in an ethical manner, requiring good behavior from their members and punishing them soundly for bad or even horrific decisions? Or are they keeping a cool distance from the mayhem, knowing full well that misbehavior occurs with regularity (“most events take place at night”) and doing nothing about it until the inevitable tragedy occurs, at which point they cajole members into incriminating themselves via a crisis-management plan presented as being in their favor?

I have had long and wide-ranging conversations with both men, in which each put forth his perspective on the situation.

the young men who typically rush so gratefully into the open arms of the representatives from their beloved national—an outfit to which they have pledged eternal allegiance—would be far better served by not talking to them at all, by walking away from the chapter house as quickly as possible and calling a lawyer.

The fraternity system, he argues, is “the largest industry in this country directly involved in the provision of alcohol to underage people.” The crisis-management plans reveal that in “the foreseeable future” there may be “the death or serious injury” of a healthy young person at a fraternity function.

His belief is that what’s tarnishing the reputation of the fraternities is the bad behavior of a very few members, who ignore all the risk-management training that is requisite for membership, who flout policies that could not be any more clear, and who are shocked when the response from the home office is not to help them cover their asses but to ensure that—perhaps for the first time in their lives—they are held 100 percent accountable for their actions.

The fraternity system, he argues, is “the largest industry in this country directly involved in the provision of alcohol to underage people.” The crisis-management plans reveal that in “the foreseeable future” there may be “the death or serious injury” of a healthy young person at a fraternity function.

His belief is that what’s tarnishing the reputation of the fraternities is the bad behavior of a very few members, who ignore all the risk-management training that is requisite for membership, who flout policies that could not be any more clear, and who are shocked when the response from the home office is not to help them cover their asses but to ensure that—perhaps for the first time in their lives—they are held 100 percent accountable for their actions.

Unspoken but inherent in this larger philosophy is the idea that it is in a young man’s nature to court danger and to behave in a foolhardy manner; the fraternity experience is intended to help tame the baser passions, to channel protean energies into productive endeavors such as service, sport, and career preparation.

In a sense, Fierberg, Smithhisler, and the powerful forces they each represent operate as a check and balance on the system. Personal-injury lawsuits bring the hated media attention and potential financial losses that motivate fraternities to improve. It would be a neat, almost a perfect, system, if the people wandering into it were not young, healthy college students with everything to lose.

In a sense, Fierberg, Smithhisler, and the powerful forces they each represent operate as a check and balance on the system. Personal-injury lawsuits bring the hated media attention and potential financial losses that motivate fraternities to improve. It would be a neat, almost a perfect, system, if the people wandering into it were not young, healthy college students with everything to lose.

Wesleyan is one of those places that has by now become so hard to get into that the mere fact of attendance is testament, in most cases, to a level of high-school preparation—combined with sheer academic ability—that exists among students at only a handful of top colleges in this country and that is almost without historical precedent.

Wesleyan is one of those places that has by now become so hard to get into that the mere fact of attendance is testament, in most cases, to a level of high-school preparation—combined with sheer academic ability—that exists among students at only a handful of top colleges in this country and that is almost without historical precedent.

This January, after publishing a withering series of reports on fraternity malfeasance, the editors of Bloomberg.com published an editorial with a surprising headline: “Abolish Fraternities.” It compared colleges and universities to companies, and fraternities to units that “don’t fit into their business model, fail to yield an adequate return or cause reputational harm.”

A college or university can choose, as Wesleyan did, to end its formal relationship with a troublesome fraternity, but—if that fiasco proves anything—keeping a fraternity at arm’s length can be more devastating to a university and its students than keeping it in the fold.

A college or university can choose, as Wesleyan did, to end its formal relationship with a troublesome fraternity, but—if that fiasco proves anything—keeping a fraternity at arm’s length can be more devastating to a university and its students than keeping it in the fold.

there is a Grand Canyon–size chasm between the official risk-management policies of the fraternities and the way life is actually lived in countless dangerous chapters.

When there is a common denominator among hundreds of such injuries and deaths, one that exists across all kinds of campuses, from private to public, prestigious to obscure, then it is more than newsworthy: it begins to approach a national scandal.

When there is a common denominator among hundreds of such injuries and deaths, one that exists across all kinds of campuses, from private to public, prestigious to obscure, then it is more than newsworthy: it begins to approach a national scandal.

Feinstein said the decision "was made to search committee computers, and someone should be found responsible for those actions.”

Extramarital affairs have become more and more widespread and are no longer a cause for shame. It is commonplace for successful men to keep a mistress, or sometimes multiple mistresses – which people often jokingly compare to a teapot needing at least four or five cups to make a full tea set.

In China today, Buddhist temples are crowded with worshippers, while Taoist temples are largely deserted. A few years ago, I asked a Taoist abbot: “Taoism is native to China, so why is it not as popular as Buddhism, which came here from abroad?” His answer was short: “Buddhism has money and Taoism doesn’t.”

In recent years, for instance, many retired military veterans have gathered together across the country in protests against the stingy benefits and pensions they receive from the state. Back in the 1980s, they argue, veterans used to be more generously rewarded, relative to the cost of living. Today, even though China is richer, they receive little

the fierce economic competition that now characterises life in China. In numerous industries, it has become common practice to try to secure more business by pushing down prices as low as they can possibly go

The result of all this ferocious competition is that the profit margin keeps getting slimmer and slimmer, and those who suffer most are ordinary workers, who often see no increase in their salary even as their work hours are extended.

Someone reported to me an exchange he had had with one of Shanghai’s ultra-rich, a man who had relied on bribery and other underhand methods to transform himself from a pauper into a millionaire.

Even Chinese beggars have to keep up with the times: sometimes they too have a QR code handy, and they will ask passersby to scan it and use the mobile payment platform to dispense some spare change.

This novelty is all the more remarkable given that just 30 years ago, when Chinese people went on business trips, they would worry so much about their money being stolen that they would hide cash in their underpants, the safest place for it.

Urbanisation has created a lot of problems, one of them being what happens after farmers move to cities. Local governments have expropriated large swathes of agricultural land to enable an enormous urban expansion program

After their land and houses in the countryside are expropriated, farmers “move upstairs” into housing blocks that the local government has provided in compensation. In wealthy counties, some farmers may be awarded up to three or four apartments, in which case they will live in one and rent out the other two or three; others may receive a large cash settlement.

how do they adjust to city life? Now disconnected from the form of labour to which they were accustomed, what new jobs are there for them to do? Some drive taxis and some open little shops, but others just loaf around, playing mahjong all day, and others take to gambling and lose everything they have

Mao’s monthly salary, for example, was just 404.8 yuan, compared to my parents’ joint income of 120 yuan. There was only a small gap between rich and poor, and social inequalities were limited.

in the space of just a few years, Alibaba’s Alipay mobile app and Tencent’s WeChat Pay app have been loaded on to practically every smartphone in the country. From big shopping malls to little corner shops – any place where a transaction can be made will have the scannable QR codes for these two payment platforms displayed in a prominent location.

How he wished he could be one of those workers, he said, for though their work was hard and their pay was low, they didn’t have to live in a state of such high anxiety. Faced with the prospect of losing everything they have gained, such people find themselves wishing their spectacular career hadn’t happened at all, wishing they could reclaim the past.

let me try to capture the changing outlook of three generations of Chinese boys as a way of mapping in simple terms China’s trajectory over the years. If you asked these boys what to look for in life, I think you would hear very different answers. A boy growing up in the Cultural Revolution might well have said: “Revolution and struggle.” A boy growing up in the early 1990s, as economic reforms entered their second decade, might well have said: “Career and love.” Today’s boy might well say: “Money and girls.”

So successfully did they persuade themselves of their own propaganda that, when coming face-to-face with the actual Obama now, they cannot recognize him

Second, and against her father’s wishes, Triana wanted a parallel career in politics. She was popular with senior PP officials and, since candidates for elections in Spain must find patrons to put them on the lists presented by each party, well-placed.

Rosa Seijas, who sued over the fixed exam system, sees a cowed society that has accepted cronyism as inevitable. “Everyone complains, but nobody does anything,” she said. “They just say that this is the way things work. In fact, all they want is to find a way to get their own offspring a civil service job.

Carrasco’s architect friend, Jesús Ramos, says that the poisoned atmosphere in León reflected what he calls Spain’s “familist” society – where a weak welfare state provides no real safety net. “Here, your family looks after you,” he said. That makes cronyism inevitable, even virtuous

The woman who pulled the trigger, however, acted out of revenge for her daughter, hurt pride and frustrated grandeur – not from moral or political indignation. After all, her daughter’s desire to land a job for life, funded by taxpayers, through rigged exams was a further example of corruption.

An assassin who drives a Mercedes and wears Hugo Boss does not represent the jobless rage of Spain’s new poor. If anything, she represents a society where the corrupt distribution of public wealth is so widespread that some feel they have a right to demand their share – and, in this case, if they do not get it, a right to kill for it

So why did Trump do it? The reasons are obvious. First reason: politics. It’s March of Trump’s midterm election year. He needs to be able to say he’s delivered on his promises to American workers. Now he can say that. Second reason: politics. There is a special election in western Pennsylvania on Tuesday, and it’s widely believed that the Republican candidate is weak, in a district Trump carried by 20 points. The tariff announcement can’t hurt with that one.

Of course in the White House, all this just makes the president laugh. He’s looking at his poll numbers; confident they’ll go up; the midterms are coming into focus and things are right on track.

The surprise surge by the “no” vote — nearly all major polls had indicated resounding approval — left the country in a dazed uncertainty not seen since Britain voted in June to leave the European Union.

Both sides vowed they would not go back to fighting.

“If ‘no’ wins, we won’t have peace, but at least we won’t give the country away to the guerrillas. We need better negotiations.”

The rebels had agreed to immediately abandon their battle camps for 28 “concentration zones” throughout the country, where over the next six months they would hand over their weapons to United Nations teams.

rank-and-file fighters were expected to be granted amnesty. Those suspected of being involved in war crimes would be judged in special tribunals with reduced sentences, many of which were expected to involve years of community service work, like removing land mines once planted by the FARC.

About 220,000 people were killed in the fighting, and six million were displaced. An untold number of women were raped by fighters, and children were given Kalashnikov rifles and forced into battle.

Japan's nationalism was aggressive and expansionist, allowing Japan itself to become one of the imperial powers in an astonishingly short amount of time. China's nationalism, in contrast, was reactive and disorganized, leaving the country in chaos and at the mercy of foreign powers until 1949.

The foreign powers wanted access to China's other ports and to its interior.The First and Second Opium Wars (1839-42 and 1856-60) between China and Britain ended in humiliating defeat for China, which had to agree to give foreign traders, diplomats, soldiers, and missionaries access rights.

As a result, China fell under economic imperialism, with different western powers carving out "spheres of influence" in Chinese territory along the coast.

In 1853, however, this peace was shattered when a squadron of American steam-powered warships under Commodore Matthew Perry showed up in Edo Bay (now Tokyo Bay) and demanded the right to refuel in Japan.

In 1894-95, the people of China suffered another shocking blow to their sense of national pride. Japan, which had at times been a tributary state of China's in the past, defeated the Middle Kingdom in the First Sino-Japanese War and took control of Korea. Now China was being humiliated not only by the Europeans and Americans but also by one of their nearest neighbors, traditionally a subordinate power.

As a result, the people of China rose up in anti-foreigner fury once more in 1899-1900. The Boxer Rebellion began as equally anti-European and anti-Qing, but soon the people and the Chinese government joined forces to oppose the imperial powers. An eight-nation coalition of the British, French, Germans, Austrians, Russians, Americans, Italians, and Japanese defeated both the Boxer Rebels and the Qing Army, driving Empress Dowager Cixi and Emperor Guangxu out of Beijing.

Foreign Christian missionaries fanned out in the countryside, converting some Chinese to Catholicism or Protestantism, and threatening traditional Buddhist and Confucian beliefs.

For 250 years, Japan existed in quiet and peace under the Tokugawa Shoguns (1603-1853). The famed samurai warriors were reduced to working as bureaucrats and writing wistful poetry because there were no wars to fight. The only foreigners allowed in Japan were a handful of Chinese and Dutch traders, who were confined to an island in Nagasaki Bay.

China slipped into a decades-long civil war between the nationalists and the communists that only ended in 1949​ when Mao Zedong and the Communist Party prevailed.

this development sparked anti-foreign and nationalist feelings in the Japanese people and caused the government to fall. However, unlike China, the leaders of Japan took this opportunity to thoroughly reform their country. They quickly turned it from an imperial victim to an aggressive imperial power in its own right.

With China's recent Opium War humiliation as a warning, the Japanese started with a complete overhaul of their government and social system. Paradoxically, this modernization drive centered around the Meiji Emperor, from an imperial family that had ruled the country for 2,500 years. For centuries, however, the emperors had been figureheads, while the shoguns wielded actual power.

Japan's new constitution also did away with the feudal social classes, made all of the samurai and daimyo into commoners, established a modern conscript military, required basic elementary education for all boys and girls, and encouraged the development of heavy industry.

Japan refused to bow to the Europeans, they would prove that Japan was a great, modern power, and Japan would rise to be the "Big Brother" of all of the colonized and down-trodden peoples of Asia.

In the space of a single generation, Japan became a major industrial power with a well-disciplined modern army and navy. This new Japan shocked the world in 1895 when it defeated China in the First Sino-Japanese War. That was nothing, however, compared to the complete panic that erupted in Europe when Japan beat Russia (a European power!) in the Russo-Japanese War of 1904-05.

While nationalism helped to fuel Japan's incredibly quick development into a major industrialized nation and an imperial power and helped it fend off the western powers, it certainly had a dark side as well. For some Japanese intellectuals and military leaders, nationalism developed into fascism, similar to what was happening in the newly-unified European powers of Germany and Italy. This hateful and genocidal ultra-nationalism led Japan down the road to military overreach, war crimes, and eventual defeat in World War II

exacerbated by what the tariffs symbolize for Mr. Trump’s agenda and the broader global economy.

By following his nationalist instincts Mr. Trump has broken with the pro-business factions in his administration and his party whose policy priorities have been critical to the upswing in business and investor sentiment since he was elected. By willingly hurting U.S. allies over a problem of overcapacity that is mainly China’s doing, he’s cast further uncertainty over the U.S. role as global leader.

With investors already on edge about Federal Reserve interest rate increases, the steel tariffs at the margin compound inflation pressure. That effect is so far too small to alter the Fed’s calculus, but a tit-for-tat cycle of retaliation could lead to even more inflation and rate increases than investors or the Fed have anticipated.

Protectionism shrinks markets, raises costs, and reduces how fast a country can grow without generating inflation. U.S. steel and aluminum companies can meet the demand previously filled by imports, but with unemployment at a 17-year low that may require hiring workers away from other industries, putting upward pressure on wages.

This is good news in the short run for workers, but bad news for any consumer who must now pay more for cars or beer cans.

nvestors speculated that the angry reaction of American allies, in particular the European Union, showed U.S. global leadership is fading and with it the dollar’s appeal as a reserve currency.

China may move more quickly to curb its overcapacity, the root of the import surge and price pressure that is hurting U.S. producers. Yet the decision has generated conflict within his own administration, his party and with key U.S. allies that, at least at the margin, counteracts the boost from the rest of his agenda.

According to two officials, Trump's decision to launch a potential trade war was born out of anger at other simmering issues and the result of a broken internal process that has failed to deliver him consensus views that represent the best advice of his team.

On Wednesday evening, the president became “unglued,” in the words of one official familiar with the president's state of mind.

Ruhle and Alexander report that the White House had not even vetted the steel and aluminum executives who were at the meeting. They say there was no position paper on the policy changes as of midnight Wednesday. Key Cabinet departments such as State, Defense and Treasury had not been given a heads-up. The White House Counsel's Office had not even completed a legal review of whether the steel tariff would pass muster.

Acemoglu and Robinson outline a theory of how economic and political institutions shape the fate of human societies. They reinterpret the rise and fall of civilizations throughout history, showing how differences in institutions interact with changing circumstances to produce development or stagnation.

It also has implications for the contemporary United States, where increasing inequality and the growing influence of money in politics threaten to reshape our political institutions.

In more fortunate countries, pluralistic political institutions prevent any one group from monopolizing resources for itself, while free markets empower a large class of people with an interest in defending the current system against absolutism. This virtuous circle, which first took form in seventeenth-century England, is the secret to economic growth.

Economic institutions are themselves the products of political processes, which depend on political institutions. These can also be extractive, if they enable an elite to maintain its dominance over society, or inclusive, if many groups have access to the political process. Poverty is not an accident: "[P]oor countries are poor because those who have power make choices that create poverty." Therefore, Acemoglu and Robinson argue, it is ultimately politics that matters.

The logic of extractive and inclusive institutions explains why growth is not foreordained. Where a cohesive elite can use its political dominance to get rich at the expense of ordinary people, it has no need for markets and free enterprise, which can create political competitors. In addition, because control of the state can be highly lucrative, infighting among contenders for power produces instability and violence. This vicious circle keeps societies poor

Countries differ in their economic success because of their different institutions, the rules influencing how the economy works, and the incentives that motivate people," write Acemoglu and Robinson. Extractive institutions, whether feudalism in medieval Europe or the use of schoolchildren to harvest cotton in contemporary Uzbekistan, transfer wealth from the masses to elites. In contrast, inclusive institutions -- based on property rights, the rule of law, equal provision of public services, and free economic choices -- create incentives for citizens to gain skills, make capital investments, and pursue technological innovation, all of which increase productivity and generate wealth.

Acemoglu and Robinson differentiate their account from alternatives that they label the "culture," "geography," and "ignorance" hypotheses.

An example of the first is Max Weber's famous argument that Calvinism lay at the roots of capitalist development

the best-known recent example of the second is Jared Diamond's explanation of the Spanish Conquest as the inevitable outcome of geographic differences between Eurasia and the Americas.

Most economists, Acemoglu and Robinson assert, subscribe to the ignorance hypothesis, according to which "poor countries are poor because they have a lot of market failures and because economists and policymakers do not know how to get rid of them." According to this view, development can be engineered through technocratic policies administered by enlightened experts.

this focus on policy obscures the fundamental importance of politics.

Their perspective is informed by New Institutional Economics, an approach developed in the last quarter of the twentieth century, and associated with prominent economists such as Douglass North and Oliver Williamson, that focuses on how economic forces are mediated by institutions such as political systems and legal codes

A state based on extractive institutions, whether the Kuba Kingdom of seventeenth-century Central Africa or more recently the Soviet Union, can generate growth, especially when starting from low levels of development. But in most of these cases, the ruling elite is unwilling to allow inclusive economic institutions because they would threaten its political supremacy; the inevitable result is economic stagnation.

This leaves open the question of why some societies end up with inclusive rather than extractive institutions -- why some are rich and some are poor. The answer, according to Acemoglu and Robinson, is that institutions evolve -- and that history is messy.

Institutions change in subtle ways over time, allowing societies to drift apart. When major shocks occur, small differences in institutions can send societies down vastly different historical paths.

Early modern England, France, and Spain were all feudal societies with power-hungry monarchs. But the English Parliament had slightly more power than its continental relatives; as a result, the crown was unable to monopolize trade with the Americas, which made many merchants rich instead; in turn, this new commercial class became an important part of the coalition that overthrew James II in 1688, successfully fighting off absolutism. In Spain, by contrast, the monarchy controlled overseas trade, quashed internal challenges to its authority, and maintained extractive economic institutions -- and the country went into long-term decline. Crucially, Acemoglu and Robinson remind us that these outcomes were not preordained. James II might have suppressed the Glorious Revolution, or the Spanish Armada might have succeeded a century earlier. History is like that.

In this light, the material prosperity of the modern world, unevenly distributed though it is, is a fortunate historical accident.

But inclusive institutions can also break down. In the late thirteenth and early fourteenth centuries, a small group of families transformed Venice's semi-democratic institutions into a hereditary aristocracy and then monopolized long-distance trade, spelling the end of the city-state's economic expansion

Acemoglu and Robinson, by contrast, examine why nations fail. Societies, in their telling, are like Tolstoy's families: The success stories are similar -- pluralist democracies with regulated capitalist economies -- but failure comes in different forms. There are many ways in which elites can impose extractive institutions that cripple economic development.

The United States is one of the happy families of Why Nations Fail. Although our institutions have often been deeply flawed, Acemoglu and Robinson show how crucial moments in history, from Jamestown to the Progressive Era to the civil-rights movement, have led to the expansion of political democracy and economic opportunity.

Rather than as a series of inevitable triumphs, however, this history can also be seen as a warning -- that our institutions are fragile, always at risk of being subverted by elites seeking to exploit political power for their narrow economic ends. That risk has reappeared today.

The power of the financial sector is only one example of the broader threat to our inclusive political institutions: namely, the ability of the economic elite to translate their enormous fortunes directly into political power. In the wake of the Supreme Court's 2010 decision in Citizens United, super PACs can mobilize unlimited amounts of money--and can accept contributions from 501(c)4 organizations, which do not have to identify their donors.

This may seem like a level playing field. But money is not distributed evenly. American Crossroads, for example, has consistently raised more than 90 percent of its funds from billionaires (with a "b"). The recent, breathtaking rise in inequality has put unprecedented resources at the disposal of the super-rich. With the ability to secretly invest unlimited sums in political activities, they now have the opportunity to swamp all other participants in American politics.

Rising inequality and deregulation of political spending have made possible a new kind of class warfare. The 1 percent can blanket the airwaves, install their chosen representatives, and sway public policy in their favor.

The most direct way to translate political power into cold, hard cash is to advocate for lower taxes. Republican presidential candidates spent the past year competing to offer the most bountiful tax cuts to the super-rich

Showering goodies on the rich would require draconian cuts to Social Security and Medicare -- programs that are popular among the Tea Party rank and file. Republicans' current anti-tax orthodoxy reflects the interests of their wealthy funders rather than their middle-income base.

As Warren Buffett observed, "there's been class warfare going on for the last twenty years, and my class has won." This should be little surprise: "My side has had the nuclear bomb. We've got K Street, we've got lobbyists, we've got money on our side."

Supreme Court justices appointed by Republican presidents were instrumental in unleashing unlimited corporate political spending in Citizens United, accelerating the concentration of political power in the hands of the super-rich.

The most potent bulwark of inclusive institutions is probably the rich variety of influential interest groups that all have the ability to participate in politics. Still, the accumulation of huge fortunes and their deployment for political ends has changed the nature of our political institutions. Funding by the economic elite is a major reason why Republicans advocate transfers from ordinary people to the rich in the form of tax cuts and reductions in government services -- and why Democrats have been dragged to the right along with the GOP

Acemoglu recently said, "We need noisy grassroots movements to deliver a shock to the political system," citing both the Tea Party and Occupy Wall Street as potentially helpful developments. As he recognized, however, the one with more staying power -- the Tea Party -- has been co-opted by well-funded, elite-dominated groups (including Americans for Prosperity). If a popular movement can be bankrolled as easily as an attack ad, it is hard to see what money can't buy in politics. The next test for America will be whether our political system can fend off the power of money and remain something resembling a real democracy -- or whether it will become a playground where a privileged elite works out its internal squabbles.