Middle Powers Will Make a Multipolar World (Dani Rodrik)

Although middle powers like India, Indonesia, Brazil, South Africa, Turkey, and Nigeria are unlikely to form a bloc of their own, they are well-positioned to lead on many pressing issues. In doing so, they can offer a vision for the world economy that does not depend on either America’s or China’s power and goodwill. Read …

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The Trump Shock Is the Democrats’ Fault (Daren Acemoglu)

While the Democrats have won some recent elections with support from Silicon Valley, minorities, trade unions, and professionals in large cities, this coalition was never sustainable. The party has become culturally disconnected from, and disdainful of, precisely the voters it needs to win. Read More

How Trump Did It (PS Editors)

Not only did Donald Trump win last week’s US presidential election decisively – winning some three million more votes than his opponent, Vice President Kamala Harris – but the Republican Party he now controls gained majorities in both houses on Congress. Given the far-reaching implications of this result – for both US democracy and global …

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Once Again, It Was the Economy, Stupid (Mohamed A. El-Erian)

The economy played a critical role in the 2024 presidential race, creating the conditions not only for Donald Trump to trounce Kamala Harris, but also for a counter-elite to usher in a new power structure. Will the Democrats and “establishment” experts get the message? Read More

The Democrats Committed Suicide This Year (James K. Galbraith)

Kamala Harris lost to Donald Trump because she received around ten million fewer votes than Joe Biden did in 2020. The Democratic Party leadership was, at best, indifferent to the erosion of voting access, negligent in retaining newer voters, and proactive in marginalizing what remained of its left wing. Read More

Misinformation Decided the US Election (Bradford Delong)

Polling data show that Donald Trump’s supporters were deeply misinformed about most of the campaign’s defining issues. Only if this is attributable to bad actors exploiting a broken information ecosystem, rather than an electoral majority that chooses to be misinformed, can there be hope of a healthier politics in America. BERKELEY – Three days after …

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Capitalism Is Driving Democracy’s Death Spiral (Katharina Pistor)

The post-election blame game in the United States will not only tear apart the Democratic Party, but will also distract from the elephant in the room. Democracy has been eroded by a socioeconomic regime that puts price signals above people’s needs, undermining the capacity for consensus and collective decision-making. NEW YORK – This US election …

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Elon Musk’s Starlink a wolf in sheep’s clothing, says thinktank (The Economic Times)

Read more at:https://economictimes.indiatimes.com/industry/telecom/telecom-news/elon-musks-starlink-a-wolf-in-sheeps-clothing-says-thinktank/articleshow/115254871.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Amid talk of Elon Musk’s Starlink seeking to offer satellite broadband internet service in India, think tank Kutniti Foundation has highlighted the US giant’s deep ties with US intelligence and military agencies that could impede national interests. Calling Starlink “a wolf in sheep’s clothing”, the foundation said Starlink is a dual-use technology …

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‘Wolf in sheep’s clothing’: Research report raises alarm over Elon Musk’s Starlink’s ties to US intelligence and military as it seeks to enter India (

As Elon Musk’s Starlink eyes to enter the Indian market for satellite broadband services, think tank Kutniti Foundation has raised red flags, pointing to the company’s extensive ties with U.S. intelligence and military agencies—a connection it claims could threaten India’s national interests. In a recent report, as reported by PTI, Kutniti described Starlink as “a …

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