May the Schwarzman Be With You

However, since the global financial crisis of 2008 people all over the world have become increasingly disillusioned with the liberal story. Walls and firewalls are back in vogue. Resistance to immigration and to trade agreements is mounting. Ostensibly democratic governments undermine the independence of the judiciary system, restrict the freedom o

The social symptoms of this trend—again, not unlike the 1930s—are broadly similar across the world: the rise of ethnocentric populism, the success of charismatic strongmen, a drift toward we-first economic autarky, a disaffection with due process and globalism, and an enthusiasm for grievance-based nationalism.