Conversations with Tyler - Edward Luce on The Retreat of Western Liberalism (Live)
Episode Date: June 21, 2017Edward Luce has a new book out about the rising crisis in Western liberalism, so naturally Tyler's first question to him dealt with James II and William of Orange. #gloriousrevolution In this bonus a...udio recorded at a Mercatus event last week, Tyler and Edward discuss the ideas in his book and more, including future paths of liberalism, whether the current populism is an Anglo-American phenomenon or not, Modi's India, whether Kubrick, Hitchcock, and John Lennon are overrated or underrated, and what it's like to write speeches for Larry Summers. Read a full transcript enhanced with helpful links. Recorded June 13th, 2017 Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Follow Ed on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.
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I take Ed Luce's new book.
Today's the publication date, the retreat of Western liberalism,
to be fairly pessimistic about liberalism.
So I'd like partly maybe a bit out of character these days to defend a more optimistic perspective.
But having a taste for the esoteric, I'd like to start with a question.
If we go back to the 1680s and James II takes the throne, right?
And then William of Orange comes over from what we now call the Netherlands and pushes him out.
Was that a liberal development or an illiberal development?
Yeah, at the time it was very much a liberal.
development. And of course we then get the Bill of Rights. We then get a further restriction of the
power of the monarchy that comes with this new Dutch co-monarchy William and Mary. But in retrospect,
given the fact that this is very much the Protestant fundamentalist, the Battle of the Boyne,
the victory of the Orange forces, William of Orange, in retrospect, I think it's being
celebrated in a pretty illiberal manner. And of course, that's,
very germane right now in Britain, given that Theresa May is trying to form a government in which
the DUP, the Ulster Unionists party, are going to make up the difference between being a minority
government and a majority government. So it depends which bit of history you're looking at it from,
is I guess my answer. Are you sure it's liberal, though, because James, he's in office,
he issues some toleration acts that will allow Roman...
Catholics and Protestant dissenters to hold office. This is viewed as unacceptable. Foreign forces,
from what we now call the European Union, invade your country and depose him by force. This leads
eventually to a number of wars fought by the British, arguably an age of imperialism, higher levels of
public credit, state building, yes, larger markets. But even to this day, do we know how liberal a
development that was. So foreign forces, I mean, I guess you can describe the stewards. Remember,
this is pre the Act of Union, which is 1707, which is 20, almost 20 years after James is deposed.
The stewards are Scottish, so they were then foreign. Hopefully they will forever remain not foreign,
but we don't know that at the moment. But you're right. I mean, you could argue that the
Glorious Revolution of 1688 is the beginning of the real foundations of Imperial Britain,
which is not exactly a term imperialism you associate with liberalism.
I, though, would focus on habeas corpus, on the right to trial by jury,
and all the various things that came with the glorious revolution,
and with the Dutch more evolved version of liberalism that existed in the Netherlands at that point,
having rebelled against the Spanish Empire
and having had their own industrial revolution
and their own enlightenment way before the English one,
I think I would sort of minimize the foreign king
taking over England bit and stress the fact
that this was a king that understood
that the divine right of kings was over.
It was dead, and the Stuarts didn't really understand that.
So how many years do you think we need now
to judge whether a particular development is a liberal development or an illiberal development.
So the much misquoted Chau-en-Lai thing about the French Revolution, what do you think of it?
It's too early to tell. People have always assumed he was talking about 1789.
But he was actually asked this question in 1968, and he thought it was referring to the French protests on the left bank against de Gaulle of 1968.
And he was right.
it was too early to tell. You need some time, but some things you don't really need much time with.
I mean, I don't think that Brexit is going to stand the test of time. And I think I can, you know, argue that if you wish me to that judgment pretty confidently.
I don't think the election of Trump is going to retrospectively be seen as a liberal moment in American history in the non-American definition of liberalism.
and I don't, if you recall George W. Bush's second term
when there was all kinds of projecting Bush's place in history
and the analogy was made with Harry Truman
that, well, Truman was really unpopular when he left office
and so is Bush and, you know, they're both tough on national security
and so Bush is going to look like Truman.
I think that it was pretty easy real time to dispense with that argument.
Let's say we take the British election
that was just held. So many people are calling it a mess. Chaos, no good results. But say I offered
you a revisionist view, how would you respond? I would say it's the first real election where voting
by class has essentially fallen away. So you even have Kensington and London going labor for the first time
since 1974. Voting is now much more by age. You have more female representatives than ever before.
it. You have 15 Muslims elected, seven of those being female, more LGBT individuals.
And maybe the new liberalism is reflected by that kind of elevation. And then on top of that,
the election definitely thwarted Scottish independence. It probably helped a soft border for Ireland.
We hope it's helping a soft Brexit. No Corbyn, no UKIP. Wasn't it exactly the vote we needed?
and the most liberal outcome you could have imagined,
at least relative to all the initial constraints, or not?
Oh, it was.
I mean, I think this election was a way better outcome
than a thumping majority for Theresa May to negotiate hard Brexit.
I always felt that the best possible result was a hung parliament.
It's not quite hung enough to use a rather indelicate phrasing.
What is?
And that's why a lot of people who wouldn't dream,
of wanting somebody like Jeremy Corbyn as Prime Minister voted Labor because they knew it would maximize the chances of a hung parliament.
So there are two things you identified that are very positive in the larger neoclassical sense of liberalism here.
And one is voter participation.
Right.
We can no longer make easy jokes about millennials.
They did come out and vote this time.
They learned from the mistake of Brexit, of not voting, of being complacent.
and the S&P being really heavily cut back, a lot of losses there in Scotland for Scottish nationalism,
which I also see is a very positive development.
But this is one of those elections that could change over time.
Our perception of it could change is, will this result in a soft Brexit?
Isn't soft Brexit an oxymoron?
I mean, the idea now that the same pro-remen, pro-business, pro-prosperity option,
is that Britain remains a part of the single European market, but not of the EU,
and therefore pays $100 billion divorce costs,
100 billion euro divorce costs, has no say over future EU trade deals,
over EU regulation, over movements of people, over any EU policies,
and yet pays for the privilege.
It's pretty hard to argue that's an improvement from the pre-Brexit situation.
It's a loss of sovereignty, not a gain of sovereign.
sovereignty, and it's for certain it's a serious loss of economic clout.
Those may all be bad outcomes, but if you had to express your concern about British politics
becoming illiberal or non-liberal or anti-liberal, where do you see that coming from right now?
Or are we the only culprit? We Americans?
No, you're not the only culprit. So people asked where UKIP went in this election,
because UKIP vanished, which you could say.
but I didn't say is the third sort of very positive event to come out from last Thursday.
And the reason why I didn't say it is because the Conservative Party has essentially become UKIP.
It is taken up some really base, low, anti-migrant politics, which it tried, Theresa May tried and failed to sort of whip up enthusiasm with in the last few days of the campaign.
But they covered all the ground that UKIP occupied.
So Richard Hofstadter, the rightly celebrated American political scientists, said third parties are like bees.
They sting and then they die.
UKIP has stung.
Brexit happened.
And the Conservative Party has now basically occupied UKIP's ground.
There's just no way you can describe that as a positive development, whether we're hung up on the word liberal or not.
But say we judge the liberalism of a country or society in terms of levels rather than rates of change.
changes. So the percentage of foreign-born in the United Kingdom today, especially London, but not only, would be remarkably high by really any previous standards, 1066 for that matter. So there's a movement back, but it seems that gain has been captured permanently, right? It's not that foreigners will en masse be driven out. Some people from the EU may be sent back home, but even that seems to be in more doubt now. So isn't it just a slight retreat of liberal?
after it won far greater gains than we might have rationally expected?
It could be, and I hope it is.
And I'm certainly open to the prospect.
It might be.
And, you know, I argued to some degree, well, successfully,
with my publishers who wanted my book to be called the collapse of Western liberalism.
I said, no, no, this should be the retreat.
And retreat implies the possibility of regrouping.
I don't think there's a collapse going on here.
I do think there is a severe structural challenge to the way.
we conduct democracy, liberal democracy in the West, particularly in the English-speaking West.
The outcome of the immigration sort of aspect of Brexit, I think is one of those things
that's going to be very, very hard to predict, because Theresa May or whoever replaces her,
British politics is Italianizing. There's going to be another general election.
Maybe by the time this podcast is released.
Maybe by the time his podcast the dead woman walking will actually be dead.
But the idea that a conservative prime minister could remain leader of their party
whilst keeping freedom of movement is pretty hard to imagine now.
The party shifted very, very much to an anti-immigrant position.
But the idea that anybody can survive and get re-elected and generate growth by leaving the single market
it is also pretty hard to imagine.
So Britain's between a rock and a hard place.
There's really no good outcomes here.
Given the landslides of Macron in Finland, the true fins are splintering.
The five-star party in Italy had weak local results.
No one thinks Germany's going crazy.
Why does this move away from liberalism seem to be so Anglo-American?
What do you attribute that to?
Well, I would dispute your premise to some degree.
I mean, I think the Macron victory is a very, very positive moment.
But, you know, if you were going to ask me overrated, underrated,
you know, Macron would be in the overrated category right now.
The first time the National Front, the Front National candidate,
Marine Le Pen's father, Jean-Marie Le Pen, got through to the second round, was in 2002.
And it was a crisis of France.
It was a drama of the Republic.
How could a fascist?
get through to being one of the last two.
And Jacques Chirac led what was essentially a funeral march,
no campaigning between round one of the election and round two.
And everybody put the famous clothes pegs on their nose,
socialist, communist, they voted for the Gaulist.
They voted for Chirac.
And he got 82% of the vote.
And as I say, it was an existential moment in French democracy.
So Marine Le Pen gets through to the second round,
as expected, wins a third of the vote, 11 million votes as opposed to 5 million. And it's a kind of
normal event. So I would dispute the fact that nothing's changed. I think in September,
hopefully Merkel or Martin Schultz will be elected in the German elections. But the AFD is going
to breach the 5% limit below which you cannot achieve representation under the German system. And this
will be the first time in German history since its basic law was promulgated in
1949 that the far right has achieved representation. And then of course there's Austria, where
a modern neo-Nazi, a postmodern neo-Nazi, Norbert Hoffer, lost with 47% of the vote. And we celebrated
that as a breaking of the populist wave. I mean, how low should our bar be to celebrate the
health of liberal democracy? That, that to me is too low.
So I dispute that sort of premise of your question, but there was a second half to your question.
Why Anglo-American?
That is a really good question.
I mean, I think part of it is that the middle classes have fared worse.
There are fewer supports for the middle classes in Britain and the United States than there are elsewhere.
So the level of frustration, I think, is higher.
It's a remarkable fact that there are more prime-aged males in which,
work in France than there are in the United States, in France, of all places.
So there's a male element to this too.
I think that the cynicism generated by the Iraq war, the U.S.-led but British supported
Iraq war in 2003, the fact that France and Germany very much stood apart from it, and I think
correctly, and that's a decision that sort of matures like a good wine, it looks better
better over time. I think that that created a poison in our politics that is missing in Germany
and in France. But I would most of all focus on something that a former French Prime Minister,
Lionel Jospin, said, which is we want a market economy, not a market society. And I think that we have
in the United States and to a large extent Britain, I think we have commodified public life
and we have commodified society to a degree that you just don't see in places like Germany.
And I think we have things to learn from parts of continental Europe,
including how they treat their middle classes.
We confuse ourselves in the US and Britain as to what skilled means.
We think if you've got a college degree, you're skilled.
I know lots of skilled people who don't have college degrees.
And I know lots of people with college degrees, including myself, who are unskilled.
And I think that there is a better understanding, particularly in the Nordic, in Denmark and Germany,
of the need to accommodate a diversity of aspirations and aptitudes in the labour force.
And they invest in things that we consider just to be low-skill stepping stones,
to either something better or to failure.
And so we've got a lot more failures, I think, and they're a lot more frustrated.
But aren't we, in a sense, just ahead of them along the curve?
So if you look at top French companies and try to find any that post-date, 1975, in terms of origin, very, very difficult to do?
So eventually those sectors will fall away or those companies will shrink.
If you ask French people, do they think their children will have a future as good as what they've had,
you get some of the highest rates of no in the world.
If you look at Germany, it's in some ways economically more positive,
but most of German industry is extremely vulnerable to Chinese manufacturing.
And just as Chinese manufacturing has done that to Italy,
Germany probably also is vulnerable, has poor native demographics,
has barely had real wage growth since 2000,
has now a higher rate of people at work.
But is it the case this is happening first to the Anglo-country,
simply because they're more open and the future comes here first.
It used to come to California first.
Sometimes I joke it comes to Israel and Singapore first
because those are small, fairly open places
where small impact spreads quite rapidly.
Is that a possible hypothesis?
It may be a probable hypothesis
and hence my pessimism about the future of liberal democracy on the continent.
So I would accept that France, you know,
has probably going to go through some research,
structuring that is going to cause a lot of political gnashing of teeth.
And Macron's program is a sort of soft Thatcherism.
Maybe you call it Blairism.
I don't know what you call it.
But Macron's, you know, the rubber's going to hit the road quite soon.
He's got a majority of, on Marsh has a majority in the French Assembly.
And a lot of these people have never served in politics before.
That was part of the appeal.
But it's a very thin, it's a wide but thin coalition that has been assembled
by a very skillful young man, and I now really do feel old, because he's at least a decade younger
than me, by promising all things to all people, very clever politics, not necessarily a good
program for governing. France has a politics of anti-politics of people who don't vote and
people who protest by bringing politics to a halt, and I think we're going to see that tested.
So I don't necessarily disagree with the premise of that. I think France and Germany,
are going to be subjected to a lot of harsh wins, as they already are, but they'll get harsher
as China grows and others grow. And the proposition of whether their democracies are better
equipped to cope with this will be put to the test. I do think, though, that there are some
things they know that we don't. I mean, Denmark, for example, has an employer government
program where everybody can train at anything they like for two weeks a year. And most
Danish employees avail of that. And they train in stuff. And so the labor market turnover in
Denmark is way higher than it is in the rest of Europe because people don't feel wedded to
one skill. They feel much more confident in a gig economy to move around and be more flexible
and change jobs. So there are, you know, I don't want to generalize too grossly about which
democracies are doing badly, which are doing well, what's important is what unites us. And that is a pretty
profound existential challenge to how we do business, if you like. What's the most plausible scenarios
through which Trump and or Brexit work out for the better? I'm not saying you have to agree with it,
but if you had to say the most plausible scenarios. So Trump working out for the better,
I would say is the system showing that it works. The Madisonian
system showing that it works. Now, I wouldn't wish impeachment on anybody, but the system has to
hold Trump to account. I believe there are good signs in the last few weeks and months of the
system doing that, you know, the appointment of Mueller, the courts blocking the Muslim ban,
again repeatedly. The media is doing a pretty good job of ferreting out stuff. And Congress,
well, we'll see, we'll see, but it's sort of limbering up perhaps to do a good job. So I think
the American system proving it works, it might be a net plus over time. Brexit, by far the best
outcome is that the British do what our wise and now, by now, more successful neighbours, the
Irish have done twice, which is twice lost a referendum on Europe, on Maastricht and on Lisbon.
and twice said, okay, so now we're going to ask you again, having thought about it.
And it was a bit like round one of the French election and round two.
There's a cooling off period.
Second round, the turnout shoots up, and the Irish having thought about it.
But we need a second referendum in Britain.
You cannot determine a country's future like this with 52% of the vote.
But then there is a sense of we're going to keep on voting until we get this right.
And at least pro-Brexit people will say, well, you're opposing liberalism to democracy.
there was a decisive result, not by a landslide, but it was clear.
And after the result, it didn't seem very regretted.
And people still seem to take some form of Brexit for granted.
It's not really being challenged openly, except by a small number of elites.
So is your vision of liberalism something that ultimately comes before democracy?
I think it historically comes before democracy.
And still does.
I don't necessarily think it trumps.
I think the two actually go together.
but could I just sort of briefly say on the Brexit argument?
Here is an example of illiberalism.
When people say, look, could we have a second referendum,
as three judges said, well, they didn't quite say that,
as three judges suggested that Parliament should have a say in this,
after all, Britain is based on the sovereignty of Parliament.
That is, if we're going to take back our sovereignty, Parliament should have a say.
Enemies of the people, the three judges' faces were put on
the front of not just tabloids, but what we call broadsheets in Britain, supposedly more serious
newspapers, enemies of the people. And the kind of demagoguery that has gone on for anybody who's
raised that debate has chilled the whole ability to have a rational discussion about what the
trade-offs are here. So granted, if there were a second referendum and the Remainers lost it,
that would be a high risk to call such a referendum.
And it might well be the case that British people get really annoyed at being asked twice.
And the pro-Brexit margin goes up.
But I think people should be given a chance to think about, you know, to cool off and think
about what's at stake here because all the evidence shows that there was a really poor debate
leading up to last summer's Brexit.
And the electorate, you know, as famously Googled EU on a scale never seen before the following
day, what is the EU?
We have a pretty good idea what liberalism looks like for agricultural societies, also for manufacturing
societies.
But say the big political issues of the future, maybe the present, or something like the
environment, the internet, intellectual property law, privacy, immigration, terrorism, and
dementia, right?
Not so implausible.
With those as the major issues, do we even know what liberalism looks like?
just to say people back in even the 1930s probably hardly ever debated gay marriage, if at all.
Look, if you were to ask me one of my favorite liberal thinkers, it would be Edmund Burke.
And Edmund Burke, who is normally thought of as a conservative think, but I see no contradiction.
I'm not using liberalism in the American sense of liberalism.
Developed the idea during the time of the French Revolution of the superiority of representative democracy.
And remember we had de jacobins saying that we need an instant electric democracy and nothing in between the people and the decisions.
You are describing decisions here, very complex, ethically, legally, societally and internationally, very complex decisions that you cannot decide by plebiscite.
And I don't care whether you can do it online and make it easier.
It makes no difference.
These are questions where you need to be able to delegate authority to your representative.
who you can fire at the next opportunity
to develop the skills as full-time political representatives
to make these judgments.
And if you don't like those judgments, you throw them out.
But I don't think the answer is either what you might be implying
because you could go to one of two ways.
Plebocity, you know, Robespierre kind of democracy on the one hand.
Or Singapore, you know, basically non-democracy
and a rule of experts on the other.
I don't see anything better than representative democracy.
I proposed to Mark Coyama a few days ago over lunch
that we simply give everything to the House of Lords for about five years
and then go back to the Constitution we have.
Now, in the middle of these, we always have a segment,
overrated versus underrated.
You're from England, of course.
You've moved to the United States.
So I'm going to ask you about a number of other Brates
who've done the same, and you tell me if you think they're overrated or underrated.
Stanley Kubrick
You call him a Brit
Well, do I call you a Brit?
I don't know
Oh, I see, sorry, others who've done this at Gondick.
You know what, I think he's rated pretty well highly.
He deserves to be rated highly.
Best movie?
But you're really going to Space Odyssey 2001.
Okay, John Lennon.
Move to New York.
Overrated.
Why?
It's a lot of people who don't know much about Lennon.
sort of worship him as the best beetle, and he's the best beetle because he died youngest.
I think Lenin was a bit of a jerk, frankly.
Although, you know, he was a great lyricist, but I don't really, have he listened to
I Am the Walrus recently?
Does it make any sense to you?
It's sprawling, as they say.
Alfred Hitchcock.
Overrated.
Why?
Because I think his movies were a lot more formulaic.
His later movies were a lot more formulaic.
It was a formula that worked, but his genius sort of faded much earlier than...
I'm struggling here, because he's a brilliant movie maker, sorry.
I'm really struggling.
But I thought I should say somebody's overrated.
Sir, it seems they're all over.
Yeah.
Sir Anthony Hopkins.
The thing is, you're throwing names at me who are all really highly rated.
Sure.
So I have to argue, okay, I can't say he's underrated.
He's a very, very good actor.
But can I pass on that one?
W.H. Auden.
He moved here in 1939, right?
I think he's underrated because he's been forgotten.
Yes.
I mean, I think he was one of the most brilliant poets.
I think we should forgive, we should judge him on his poetry
and forgive the fact that he wanted to get the head out of Dodge in 1939
because he wasn't.
His contemporaries questioned why he was crossing the Atlantic at that particular moment.
but his poetry is brilliant and eternal, and I'd say he's been forgotten.
You've written one of my favorite books on India in spite of the gods, which I recommend to you all.
If we think about the fate of liberalism in India, right now there's an enormous effort going on to biometrically record people
and have markers of their identity and possibly tie this into some notion of a universal guaranteed income,
or at least greater reliance on cash transfers,
there will be much more aid to people,
but also much more control of people under the Modi regime,
which has pushed for both aid and control in different ways
and hasn't liberalized as much as many people had expected.
Is India right now moving in a liberal direction?
It would be hard to argue that it is.
Narendra Modi has been doing a lot of things under the radar
in terms of chipping away the Indian secular Neruvian.
secular constitution of India and making it harder for minorities, Muslims, Christians and others
to express themselves freely in terms of allowing far-right groups associated with the Sang Parivar,
which is the sort of broad name given to the Hindutfa movement, of which the BJP is a branch.
The RSS is really the parent.
allowing
groups
the really
the most
the most vicious youth wing
the Bajangal
and VHP
another very hard right
part of the Hindutva movement
a lot more leeway legally
to Harris minorities
and changing of the curriculum
to rewrite it to make India Hindu
and Hindu India
and completely
downplay
the extraordinary important
Muslim
contribution to what is a syncretic culture and a riot of faiths and interactions and a glory
of pluralism.
Is that overplaying political headlines too much?
Because the situation of women in India is headed toward long-term improvement.
Wealth is rising every year.
India is proven actually remarkably stable.
It's still quite democratic, albeit in a funny way, with a very disconnected sense of
accountability.
and if it simply keeps in motion, won't you get over the medium to long term, say at least
a third of India looking a bit like Malaysia, Gujarat, having infrastructure, being developed,
people having richer, free or more diverse lives, not all of India, but Bihar or Risa.
They're still better off rural India moving more to cities, which is the single biggest
liberalizing development you could imagine in a life.
And thus, political headlines aside, India as a whole will be much more liberal, 10 or 15
years from now or now, am I looking at the wrong indicators?
Well, I mean, you know, Modi's, I think of him as a Jekyll and Hyde figure.
The Jekyll figure, the good part, is that he is, he's a fanatic, he believes what he believes,
and he's therefore not in politics for business.
He's not in it for corruption or personal enrichment, and he doesn't tolerate people around
him who are, and that's an extraordinarily refreshing and important change from the Congress
government that he booted out three years ago.
So the Jekyll is not actually a sort of classic laissez-faire liberal.
It's a China model of development.
He's a project executor.
He believes in infrastructure that's built and on time and that works.
And God knows India needs that.
So if Jekyll Modi succeeds, it will be a positive liberal event because more people will be lifted out of poverty.
Fewer people will be illiterate.
And women, as you say, will be prime beneficiaries of this.
remember he's also Dr. Hyde.
This guy is a fascist.
And if things go wrong and Jekyll can't deliver
and he faces re-election two years from now
and the possibility of losing a majority,
he's a master bar none
of whipping up Hindu sentiment
and to override caste divisions.
That's always the key.
How can you unite Hindus beyond what divides them?
Because in India, you don't cast your vote.
You vote your cast.
China had a communist revolution, a cultural revolution going back earlier,
Tai Ping rebellion.
At least on the surface, partition aside, India appears much more stable than China over the long term.
At least that's the cliche.
Is it true?
And if so, why is India so apparently stable?
I think India's diversity is a great stabilizing strength.
the fact that it's got I think 18 official languages
although they do add to that
the fact that it has got every religion under the sun
the fact that as E.P Thompson famously said
there's not a thought that's being thought in East or West
that is not active in some Indian mind
India's sheer pluralism is very stabilising
if you take a sort of 30,000 foot view
if you're in the midst of it you think it's anarchy
but if you
the more altitude you get on this the more
stabilizing it is. It is a country that lets off steam regularly. And that's why I'm concerned that
Modi doesn't celebrate that side of India. And I think it's an important, immensely valuable
quality to India that gives it a huge advantage over China.
Before we get to questions, we have about three minutes left, three questions about you. You have
about a minute of piece for each. You were speechwriter for economist Larry Summers. Other than the
obvious, what particular skill does a good speechwriter need?
The thing is about speechwriter is there's no such thing as a generic speechwriter.
You are speechwriter to A or B.
And if Larry's A, you need to know Larry very well.
I don't think being a speechwriter to Steve Mnuchin would be any help to being speechwriter
to Larry Summers.
You've got to know the individual you're writing speeches for.
Larry, you know, whatever his robust personality might be, you learn more from writing speeches for him in three months than you do in one year as a student.
It's an extraordinary intensive learning process.
Second about you, you're famous columnist for the Financial Times.
You had a particular path to the top.
That path would probably be hard to replicate today.
If you're giving someone advice today who wants to be the next dead loose,
what advice do you give them other than the obvious?
I would say, do other things than journalism.
Don't start out being a journalist.
I would say the same for politics, too,
not that I have any credibility on that subject.
I'd say, do other stuff acquire real skills and experience
in completely unrelated fields.
Last question about you.
What still surprises you the most about the United States?
the ability to reinvent itself, even though there is a complacent class, and I accept your thesis,
it is the ability to keep changing.
And there is that protean quality to America, which might have slowed, but it's still way more in evidence here than in places that never had it.
More in evidence here than in the United Kingdom?
Yes.
Because that seems like a more different country to me over the last 30 years than the United States.
we seem like a somewhat linear development of the Reagan years,
whereas in terms of immigrants and connection to Europe,
and that may be changing,
but the UK seems radically different compared to my first visit in 1979.
Well, food is certainly better, but I'd argue the food.
But that reflects something.
I'd argue the food is better here, too,
and I wouldn't dare argue with you about food.
So I don't know.
I think that's a pretty subjective line.
And the UK has changed a lot.
That's right.
I think, can I argue, can I prove to you America has changed more?
I don't know.
I mean, I think in 2002, if somebody had told you that gay marriage would be legal,
that marijuana recreationally would be legal in X number of states,
and that you'd have a black president asking something I didn't agree with
for transgender bathroom rights in an election year,
you would have probably scoffed at any such change being possible.
I'm not saying all that change was positive, but I certainly think marriage equality is.
And the speed with which that happened is remarkable.
Ed Luce, thank you very much.
We'll take questions at the two mics.
Please line up.
These are not speeches.
If you start giving a speech, I will cut you off.
First, I'll start with a question from the iPad.
Ed, who is the one columnist you'd like to fight?
Physically.
I don't know.
it's a career ending to give an honest answer to that
and you'd hate me for giving a dishonest one so I'm not going to answer
okay first question here the regimes in Poland and Hungary
do you see them as an outlier that will be contained
or something that's the forerunner of more to come
that's a really good question look I think if you know we'd had this
situation with Hungary 20 years ago or even
or even 15 years ago
America's involvement in Europe under the radar behind the scenes in chivying Europe to take steps it needs to take
would have been far earlier and far more effective. Today we are suffering, I think, from an absence of
leadership of the liberal international order and countries like Hungary and Poland are able to move extraordinarily.
after having really craved to join the EU,
to be European, to be Western,
extraordinarily moving towards Putinism
or some form of Putinism.
And I think America's absence is really important.
So I'm not particularly optimistic on that score
because I think America is going to continue
to be absent on these questions.
And I think we underestimate the degree
to which America has been an exceptional power
and that this 70 years since 1945
has been what Bob Kagan calls an unnatural period in human history.
And it's been a success broadly of an era of no mass wars and moving towards democracy
because there's been a hegemon consciously pushing in that direction.
That's a role of America is no longer playing.
I hope it plays it again.
But until it does, I fear you're going to see Poland and Hungary moving further in the direction they've been moving.
Next question.
We've talked about the illiberalism on the right. I think Brexit and President Trump and all those sorts of things, UKIP. But what about the illiberalism on the left? I think that the final nail in the coffin of Blairism came last Thursday when Jeremy Corbyn, who was an unrepentant Marxist, picked up 30 seats in that election. And Melonshaw in France and Bernie Sanders here in the United States. I mean, the
far left is really on a role, something of a role in the Western world.
Could you speak to the far left's illiberalism?
Yeah, and I think it's a very good question, and I think it's an often overlooked one.
Look, I think the left, if you're a Democrat looking at a candidate for 2020,
there is essentially a debate going on in the party between a sort of macro wing and a
Corbinista wing.
And these are the two sort of left responses we're seeing in Europe.
Left illiberalism and anti-Americanism, to which European left liberalism, is very closely aligned,
is very serious, very real.
Melanchin might have lost, but he got almost a fifth of the vote, as you mentioned.
And I think that the further away we get from 2008, which is very much associated with the new left,
the third way left of Blair and Gordon Brown and others,
the further away we get from that,
the more we're going to see populist left-wing movements,
mushrooming everywhere.
So I would consider this isn't just a right-wing populist moment,
although that's been the principal manifestation of populism.
And I agree with your identification of that.
Next question.
This past weekend, there was a plet of sight in Puerto Rico
on statehood and 25% of the electorate showed up.
Today, yet again, we have another election here in Virginia.
We have one every six months where probably 20% of the electorate will show up.
Is this apathy, complacency, fatigue, or is there some illiberal mechanism that's holding
the electorate back?
I think there is a cynicism about politics, which incidentally manifested itself in France
last Sunday.
Round two, the Macron-March landslide, was 49.
percent turnout, which is a historic low for France. We'll see this coming Sunday whether that goes
up. I think there is a deep cynicism about politics, and I understand, and about experts and
establishment politics. Remember, you know, in France it's also an anti-establishment thing going
on. I think there's a deep cynicism about it, which is really quite understandable. If you look
at what the experts have brought us, and they brought us the Iraq war.
the experts very much missold how that would fare.
They bought us 2008.
The experts were the last to see it coming.
And I think millennials, who until last Thursday in Britain,
have been turning out at lower rates in most democracies than other age groups,
have grown up with this cynicism and they feel it's normal.
Now, Tyler would say that's healthy because they're not actually angry.
They're just apathetic.
And if you've got a choice between anger and apathy,
let's go for apathy. But I think it's highly corrosive of liberal democracy.
There's a related question on the iPad. I'm rewording of it. Is it the case that elites have so
used the judiciary and administrative law in the case of the UK through the European Union
that actually Brexit and Trump are simply democratic backlashes wanting to take back for democracy
powers that have been taken away from the democratic will of the people? And it had to get to the
point of Brexit and Trump for that actually to be reversed.
Yeah, so that would be your history.
We'll look back on this as a liberal moment scenario, that this is a very violent sort of
counterreaction to the growing internationalization of law, to the increasingly widened
field of stuff that's off limits to democratic decision-making, which, of course, includes
trade, regulation international.
If you're in Europe, it includes all these things.
And if this is simply a correction where we reject Davos, we reject the sort of elites run the world and decide all the big economic stuff and we just stick with identity politics, then this could be a liberal moment.
I think it's a very good question.
I suspect though you don't just have these little conyptions that then fade away.
There are consequences to these conyptions.
and I fear that Trumpism is going to, even if he lost in 2020,
is going to leave a deeply disruptive mark in the pejorative sense of disruptive mark on American democracy
and on the reputation of American democracy and American leadership around the world.
And as I've said before on Brexit,
we're about to sign up as the same option to a world where foreigners decide our regulations,
our trade deals and our product standards and all except we don't have a say over it.
So, you know, if that's rational, go figure.
Next question.
How does the multi-party system in Europe affect the retreat or advancement of liberalism
versus the basically two-party system we have here in the U.S.?
So until last Thursday, the assumption was the British two-party system is disintegrating
into a European model where we're just going to have permanent coalition governments.
But last Thursday was the peak two-party moment in almost 40 years.
The Conservative Party got a higher share of the vote, its higher share of the vote since 1983,
when Thatcher had her second big landslide.
And the Labour Party had its highest share of the vote since 1983.
Sorry, it had its highest share of the vote since 1997.
when Blair came in. So this is a two-party peak. The smaller parties have temporarily been pushed away.
The United States, you know, you don't have two parties. You have many parties under two umbrellas, and you're a continent.
So it's very hard to analogize the US with Europe. But one thing I would say is your system is not designed to be parliamentary.
Your system works better when each party is a coalition between different interests. And the fact that each is,
becoming more and more monochromatic, more and more disciplined and parliamentary, is disastrous
for this system. This system doesn't work like that. Ipad question. Russia is commonly considered
the primary antagonist of liberalism. What are the chances liberalism itself takes hold in Russia
in the next 20 years? Perhaps pretty good. I mean, if you look anywhere around the world,
cities tend to vote for the internationalist option, and Putin was so complacent, rightly so,
his last presidential campaign in 2012.
He allowed more than half of Moscow to vote to vote against him.
And of course, Istanbul, Erdogan strongly rejected Erdogan's recent referendum on strengthening
his powers.
So Alexei Navalny, the leader currently of opposition to Putin, is doing something that
Corbyn managed to achieve last Thursday.
He's getting young people out and being quite bold.
and protesting on quite some scale across Russia.
And you ought to draw hope from that kind of courage from millennials.
We're used to thinking of millennials are slightly different.
So I wouldn't rule out Russia turning from a bane of Western democracy to being something quite hopeful.
I think that's definitely a positive thing that's potentially going on now.
Next question.
Sure. Neil Ferguson concluded his book, The West and the rest with the idea that is the pusillanimity of Western democracies is to blame for the decline of Western ideas. What do you think about that?
So he was talking about the overconsumption and deficit spending, I think partly, right? I don't really agree with that. I don't agree with that at all. I think when people talk about the massive American debt,
when we look at what, 75% of GDP, look at the publicly held that,
I don't think by historic standards that's remotely alarming.
I think, in fact, we should have had more stimulus
and had more counter-cyclical fiscal policy in the last decade than we have had.
And I think the German answer, and here's where, you know,
I would criticize the German sado-monitorist approach
has actually been very, very damaging to Europe,
particularly to the Club Med group of European countries.
So I'm not sure I agree with Neil Ferguson, but he changes his argument about once a year.
So I'll either catch up with him or he'll catch up with me.
Why do African Americans poll as being so optimistic about the future of this country?
Because they are getting better off from a much lower base.
And Hispanics do too.
Yes.
They, I think, quite rationally, see their children as being better off than they are.
They're coming from a much lower base.
They tend to be younger, average age too.
which affects that outlook.
So I think it's as simple as that.
How much of the decline of liberalism in the West
do you attribute to the possible disappearance of an existential threat?
No Nazism, no communism, no Cold War?
How much is that what's going on?
A lot of it, a lot of it.
I think the last great foreign policy president
the United States had was Bush Sr.
I think he was a brilliant president
who wound down the Cold War with extraordinary finesse and skill.
not go and dance on the Berlin Wall. He did not go and beat his breast and claim credit for it. Can
you imagine a president doing that today? I think the Cold War kept America honest, as it were,
and enabled this bipartisan support for America's, as I say, unnatural global role of being the
Hercules that sustains the liberal international order. So I think the Cold War played a hugely
important role. And it's going to be very hard to reinvent it, nor should we wish to.
Is Pope Francis a liberal?
In a way, yes, he is. He is trying to push to the extent that he can for softer, you know,
ecclesiastical law on divorce, on contraception, on rhythm methods and all that kind of stuff.
But, you know, although I'm not an Orangeman, I'm not a Catholic, and I'm tiptoeing through a minefield
already. So I don't want to get too
I don't want to be too
detailed in my commentary on
Catholic law. I'm going to get something wrong.
Next question.
The dysfunction of the
U.S. Congress, first of all,
do you agree that it's becoming
less and less functional?
Secondly, how do you relate that to
your point in which you
pointed to the commodification
of politics and society
and not just the economy?
And if so, how do we go
then from where we are to what you propose as a system of government in which we trust in the
delegation of authority to people whom we trust to do the right thing, who've presented a vision
of the right thing that we somehow come to share.
Just on timing, there are two more questions, and we have like three minutes.
Okay.
So you'll have to give a super abbreviated answer to that.
So my super abbreviated answer is Reed Mansour Olson, which I'm sure you have.
and we can talk more about that later.
Hilton, penultimate question.
Yes, I'd like to push you to talk a little bit more about the retreat to something.
What are they moving towards?
And in this regard, I'm thinking of Tony Jutt's argument,
that they're moving towards some kind of certainty
and away from the liberal institutions that they perceive as having failed,
to satisfy their knees?
So, democracy in the last 15, 20 years has actually been receding worldwide, including in
Europe.
Poland and Hungary are, as one question, are identified, wobbling.
But there are 25 fewer democracies today than there were in 2000.
And I think the retreat of Western liberalism isn't just that we're having our problems
at home and having to relearn some of the lessons of what liberal democracy actually.
actually means. But I think because our models are not performing well for the broad-based electorates
that vote on our governments every few years. So the model of Western liberalism, just
very quick things, I know you want a quick answer. 2008 was described as a global recession. It
wasn't. It was an Atlantic recession. China kept growing. India kept growing. And the relative
attractiveness of the Chinese model therefore grew. And I think the retreat of Western liberalism
is a model that delivers the goods to its people. That's the ultimate measure. It's a kind of
economic determinist one that I would apply. Last question from me, if there's more human talent in
the world today than ever before, and if liberalism is a good thing, why should we be pessimistic?
Well, we shouldn't. And if you look at the world from a global perspective, there's
never been a period where more people have been lifted out of poverty faster than today. And we
should remember it's because of Pax Americana. It's because of the public goods supplied over the
last 70, 80 years, that China is in a position and India to lift people out of poverty on this scale,
to cut child mortality, illiteracy, you know, under fire, whatever it is, maternal deaths. So globally,
this is an immensely positive moment and more brain power is being plugged into the system,
know, exponentially over time.
But in the West, we also have more talent, right?
In the West, we have more talent, but we have way more wasted talent than we used to have.
There's a lot more idle humans than they used to be.
And don't look at the unemployment rate.
You know this.
Look at the labor force participation rate.
Ed Luce, thank you very much.
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