Best Of The Web
“SINGAPORE – The past two decades have been either the best of times or the worst of times, depending on where you are sitting. Just when the global East was converging economically with the West, the two regions began to diverge psychologically. While America and Europe turned inward, toward pessimism and despair, Asia embraced globalization with growing confidence and optimism.
At the same time, Asians devised a new set of principles to govern the majority of the world’s population, and their models are spreading faster than Western-style democracy and development paradigms. As the world undergoes a rebalancing of power, the most important feature of the change is not economic or geopolitical, but intellectual. The years between the September 11, 2001, terrorist attacks on the United States and US President Donald Trump’s election in 2016 will be remembered as a historical rupture. The post-war decades of Western political and economic dominance are already behind us.
For Western elites and citizens alike, the future is now in doubt. Public disillusionment with prevailing political, economic, and social systems reflects a variety of factors. The disastrous wars in Iraq and Afghanistan struck a blow to Western global leadership. The 2008 global financial crisis exposed a deep disconnect between the Wall Street and the real economy. The failure to integrate Russia and Turkey into the West took the wind out of the sails of post-Cold War democratization. And democracy itself has now been hijacked by populists like Trump.”
JJ Editor's Picks
"When Mark Twain observed that rumors of his death had been “greatly exaggerated,” he left out the fact that those words would become true eventually, as they did in 1910 when the great American author died. Similarly, given the huge resources..."
"No one is going to confuse President Trump’s remarks Tuesday at the Economic Club of New York with anything approaching eloquence. He is at his worst when he stiffly reads the teleprompter or flies widely off script with gratuitous remarks about..."
"Everything we think we know about the shape of the universe could be wrong. Instead of being flat like a bedsheet, our universe may be curved, like a massive, inflated balloon, according to a new study. That’s the upshot of a new paper published..."
"Being lonely hurts — it can even negatively impact your health. But the mere act of being alone with oneself doesn’t have to be bad, and experts say it can even benefit your social relationships, improve your creativity and confidence, and help..."
"Sen. Elizabeth Warren is campaigning for a 2% surtax on anyone’s net worth over $50 million and 6% on more than $1 billion. Most discussion of the wealth tax has focused on whether it could generate sufficient revenue to fund Ms. Warren’s..."
"TV depression looks fabulous. I’d love to have that kind of depression. And it’s not just TV depression; any mental illness on-screen looks rather thrilling. Either it’s dark and dramatic — unlike day-to-day depression, which is at best super..."
"Hebrew remained, to Oz, Zionism’s greatest achievement. Certainly, it was the one he was least ambivalent about. “I have said many times that I’m a chauvinist only in respect of the language,” he told the Paris Review. “I feel for the language..."
"Talk about missed connections. Earlier this week, hundreds of people received seemingly random text messages, out of context and out of the blue, addressed from friends, family, and loved ones. The first part of the mystery was solved pretty..."