Slavoj Žižek: The Betrayal of the Left

with Daron Acemoglu, Jayati Ghosh, Minxin Pei, Jim O'Neill, and more The Sunday Newsletter [View this message in a web browser]( [PS on Sunday]( JULY 17, 2022 This week at [Project Syndicate]( Daniel Yergin explains why the current energy crisis is likely to intensify; Slavoj Žižek compares today's Western leftists to the "anti-imperialist" pacifists who claimed, in 1940, that the Nazi blitz across Europe should not be resisted; Ana Palacio warns that the West is losing Latin America; and more. Economics & Finance [The Energy Crisis Will Deepen]( [Daniel Yergin]( identifies five factors that could contribute further to current supply shortages and drive prices higher. Politics & World Affairs [The Betrayal of the Left]( [Slavoj Žižek]( laments the lack of solidarity with those risking their lives to stand up to powerful aggressors. [Get our must-read daily newsletter on global affairs FREE]( Politics & World Affairs [Is China Winning Latin America?]( [Ana Palacio]( explains what the West must do to revive its relationships in a critical region – before it’s too late. Politics & World Affairs [The Fall of the House of Rajapaksa]( [Brahma Chellaney]( reflects on the corrosive legacy of the dynasty that led Sri Lanka to catastrophe. [The Adventures of Money]( On Point [The Adventures of Money]( [Jonathan Levy]( looks at the “deep past” of one of humanity’s most important institutions through the lens of two recent books. Politics & World Affairs [The Upside of Polarization?]( [Daron Acemoglu]( says that the “median voter theorem” no longer guides US politics, but still holds useful strategic insights. Economics & Finance [The Dollar Rules]( [Jim O'Neill]( explains what it will take to reverse the greenback’s sharp appreciation against other currencies. [How Bad Will the Developing-World Crisis Get?]( The Big Question [How Bad Will the Developing-World Crisis Get?]( [Mauricio Cárdenas]( [Jayati Ghosh]( [Kent Harrington]( and [Vera Songwe]( consider how the multiplying risks many countries now face can be mitigated – and what might happen if they are not. Politics & World Affairs [Can the US Win the New Cold War?]( [Minxin Pei]( argues that America's greatest liability in the global struggle for democracy is the Republican Party. Sustainability Now [Achieving Earth for All]( [Jayati Ghosh]( describes the five major economic and social transformations required to achieve sustainable well-being. [Mohamed A. El-Erian Says More]( Say More [Mohamed A. El-Erian Says More]( An interview with [Mohamed A. El-Erian]( on US monetary policy, the Ukraine war's economic fallout, the stock market’s resilience, and more Economics & Finance [The Inflationary Consequences of Deglobalization]( [Shang-Jin Wei]( and [Tao Wang]( urge policymakers to pay closer attention to the structural factors driving rapid price growth. Politics & World Affairs [Biden’s Return to Realism in Saudi Arabia]( [Barak Barfi]( explains why embracing the status quo in the Middle East, while far from ideal, is the right call for the US. [A World of Food Insecurity]( PS Quarterly: New Rules [A World of Food Insecurity]( [Agnes Kalibata]( offers three ideas for making food systems more resilient and sustainable in the face of new and growing risks. Magazine commentaries are available only to PS Premium subscribers. Subscribe, upgrade, or log in to read. [Watch the first session of Insider Interview Live, available only to Premium subscribers.]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. Receipt of this newsletter does not guarantee rights to re-publish any of its content. This newsletter is a service of [project-syndicate.org](. © Project Syndicate, all rights reserved. [Unsubscribe from this list](