Trumpism (Nationalism, authoritarianism, populism, anti-globalism, nativism, ignorantism, unilateralism, etc.) is dangerous to the global economy and dangerous to human life.
Trump lies, people die.
During the 2008–09 financial crisis, the stock market, global trade, and economic growth all fell by greater margins than in the same period of the Great Depression of 1929–33. However, unlike in the 1930s, governments set aside smaller disagreements, coordinating domestic policies to save the global economy. After a rocky year, the economy stabilized and a second great depression was averted. The response, not the scale of the initial shock, mattered most. As Daniel Drezner, an international-politics professor at Tufts University, put it, the system worked . The coronavirus, which causes the disease now called COVID-19, may be another once-in-a-century event. If some of the gloomier projections of COVID-19 play out, the world will face one of its worst peacetime crises of modern times. Unfortunately, this crisis occurs in a dark political climate, more similar to that of the early ’30s, when many governments pursued nationalist, beggar-thy-neighbor policies such as the Smoot-Hawley Tariff, and international cooperation was very limited. Over the past decade, the world has grown more authoritarian, nationalistic, xenophobic, unilateralist, anti-establishment, and anti-expertise. The current state of politics and geopolitics has exacerbated, not stabilized, the crisis. Wuhan officials’ failure to acknowledge the scale of the problem early on, and their suppression of medical personnel, meant that valuable time to contain the virus was lost. The international community once saw China’s growing influence in multilateral institutions as a positive development. But now that involvement is having a complicated effect on the World Health Organization (WHO), whose leadership is […]