George Packer in the New Yorker:
Donald Trump Goes Rogue
. . . In four days, between Quebec and Singapore, Trump showed that the liberal order is hateful to him, and that he wants out. Its rules are too confining, its web of connections—from trade treaties to security alliances—unfair. And he seems to find his democratic counterparts distasteful, even pathetic. They speak in high-minded rhetoric rather than in Twitter insults, they’re emasculated by parliaments and by the press, and maybe they’re not very funny. Trump prefers the company of dictators who can flatter and be flattered. Part of his unhappiness in Quebec was due to the absence of President Vladimir Putin; before leaving for the summit, Trump had demanded that Russia be unconditionally restored to the G-7, from which it was suspended over the dismemberment of Ukraine. He finds nothing special about democratic values, and nothing objectionable about murderous rulers. “What, you think our country is so innocent?” he once asked.
. . . Trump imagines that America unbound, shaking hands or giving the finger, depending upon short-term interests and Presidential whims, will flourish among the other rogues. After his meeting with Kim, he flew home aglow with wonder at his own dealmaking prowess, assuring Americans that they could now sleep in peace. In fact, Trump had secured nothing except the same vague commitment to dismantling North Korea’s nuclear program which the regime has offered and routinely betrayed in the past. Meanwhile, he gave up something real—joint U.S.-South Korean military exercises, which he called “provocative,” the language of totalitarian and aggressive North Korea. Without allies and treaties, without universal values, American foreign policy largely depends on what goes on inside Trump’s head. Kim, like Putin, already seems to have got there.
Power politics is not a system that plays to American strengths. For all our lapses, we thrived for seventy years by standing for something. . . . When the next global economic crisis or major war or terrorist attack happens, America will be alone.
And Timothy Snyder reviewing THE DEATH OF DEMOCRACY: Hitler’s Rise to Power and the Downfall of the Weimar Republic in the New York Times:
. . . We take for granted that the Germans of the 1930s were quite different from ourselves, and that our consideration of their errors will only confirm our superiority. The opposite is the case. . . .
. . . The Nazis, in Hett’s account, were above all “a nationalist protest movement against globalization.” . . . In their 1920 program, the Nazis proclaimed that “members of foreign nations (noncitizens) are to be expelled from Germany.” Next would come autarky: Germans would conquer the territory they needed to be self-sufficient, and then create their own economy in isolation from that of the rest of the world. As Goebbels put it, “We want to build a wall, a protective wall.” . . .
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Quote of the Day
Very few American investors buy any stock for the sake of something which is going to happen more than six months hence, even though its probability is exceedingly high; and it is out of taking advantage of this psychological peculiarity of theirs that most money is made.~John Maynard Keynes
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