Jonathan Ira Levy for PS Global Bookmark: The Evolution of Modern Political Power

Jonathan Ira Levy traces the complicated interplay between states, global capital, and civil society over the past century. [View this message in a web browser]( [PS On Point]( OCTOBER 27, 2023 How did the wheel of history turn so quickly from the peak liberalism of the “Roaring Nineties” to the populist authoritarianism, “democratic erosion,” and the broader crisis that characterizes may countries' politics today? The answer, writes the University of Chicago's Jonathan Ira Levy, lies in the complex interplay between public and private sources of power. [Read more]( [PS Global Bookmark: The Evolution of Modern Political Power]( [The Evolution of Modern Political Power]( By Jonathan Ira Levy From the rise of large, bureaucratic states in the early twentieth century to the triumph of neoliberalism more recently, shifts in governance models cannot simply be reduced to the natural political instincts of those who find themselves in power at any given moment. There are much larger, and subtler, dynamics at work. [Read more]( [PS. Save 40% on a new Digital or Digital Plus subscription.]( [PS Say More: Michael Spence on industrial policy, AI, growth models, and more]( [Michael Spence on industrial policy, AI, growth models, and more]( Michael Spence describes the global economy’s new supply conditions, urges governments to tap the potential of artificial intelligence to boost productivity, explains why the relationship between monetary and fiscal policy must change, and more. Spence, a Nobel laureate in economics, is Professor of Economics Emeritus and a former dean of the Graduate School of Business at Stanford University, and the author (with Gordon Brown and Mohamed A. El-Erian) of [Permacrisis: A Plan to Fix a Fractured World](. [Read more]( [PS Longer Reads: Mainstreaming the Far Right]( [Mainstreaming the Far Right]( By Jan-Werner Mueller After years of pundits insisting that Western countries are being swept by a "populist wave" of voters turning against liberal democracy, Poles have just handed their own illiberal, populist ruling party a stunning electoral defeat. It should now be clear that the problem all along has been elites, not "the people." [Read more]( [PS. Explore the latest issue of our magazine, PS Quarterly: Stayin’ Alive.]( [Facebook]( [Twitter]( [LinkedIn]( 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](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.