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The Retreat of Western Liberalism
The Retreat of Western Liberalism | Edward Luce
1 post | 5 read | 5 to read
In his widely acclaimed book Time to Start Thinking, Financial Times chief US columnist and commentator Edward Luce charted the course of America’s relative decline, proving to be a prescient voice on our current social and political turmoil. In The Retreat of Western Liberalism, Luce makes a larger statement about the weakening of western hegemony and the crisis of liberal democracy—of which Donald Trump and his European counterparts are not the cause, but a terrifying symptom. Luce argues that we are on a menacing trajectory brought about by ignorance of what it took to build the West, arrogance towards society’s economic losers, and complacency about our system’s durability—attitudes that have been emerging since the fall of the Berlin Wall. We cannot move forward without a clear diagnosis of what has gone wrong. Unless the West can rekindle an economy that produces gains for the majority of its people, its political liberties may be doomed. The West’s faith in history teaches us to take democracy for granted. Reality tells us something troublingly different. Combining on-the-ground reporting with intelligent synthesis of the literature and economic analysis, Luce offers a detailed projection of the consequences of the Trump administration, the rise of European populism, and a forward-thinking analysis of what those who believe in enlightenment values must do to defend them from the multiple onslaughts they face in the coming years.
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Although the topic is dry, the writing is NOT. I learned a lot about what is (likely) to come, about events that will continue to shape the global economic future based on the changes in national leadership and the growing influence of populism as it battles liberalism in the polls. I was utterly fascinated.

For all other hardcore news junkies— I highly recommend. You don‘t need to be an economist to make sense of Luce‘s explanations here.

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