Instead of obsessing about the degeneration of democracy at the hands of demagogues, we must define a form of government that can address the grievances that have fueled populism's rise. Such a system should combine the virtues of democracy – that is, voter input – with the utilitarianism and realism of genuine expertise.
SINGAPORE – The prevailing mood nowadays is one of pessimism. After a year in which Donald Trump was elected President of the United States and the United Kingdom voted to leave the European Union, many are anticipating more populist victories – and damaging policies – in 2017. Add to this slow global economic growth and rising geopolitical tensions, and it is easy to conclude that the world is headed down the same path of nationalism and protectionism that sparked World War I.
SINGAPORE – The prevailing mood nowadays is one of pessimism. After a year in which Donald Trump was elected President of the United States and the United Kingdom voted to leave the European Union, many are anticipating more populist victories – and damaging policies – in 2017. Add to this slow global economic growth and rising geopolitical tensions, and it is easy to conclude that the world is headed down the same path of nationalism and protectionism that sparked World War I.