An urgent and informed look at the challenges Britain and world governments will face in a post-Covid-19 world. The Covid crisis has not just highlighted the failures of certain governments, it is accelerating a shift in the balance of power from West to East. After a decade where politics in the US and the UK has been consumed with inward-facing struggles, countries like South Korea, Singapore, Taiwan, as well as China, have made extraordinary advances economically, technologically and politically. In this beautifully crafted essay, Micklethwait and Wooldridge explain how we ended up in this mess and explore the possible routes out. If Western governments respond creatively to the crisis, they will have a chance of reversing decades of decline; if they dither and delay while Asia continues to improve, the prospect of a new Eastern-dominated world order will increase. The big question facing the world is whether the West can rise to the challenge as it has before.

The present day might be called a corporate age but the power of the company is nothing new: From Renaissance Italy to the British East India Company, it is impossible to understand the history of the last few hundred years without placing the humble company at the centre of the picture. What other institution could have produced the slave trade, opium wars, the stock market and the British Empire, the 'company man' and globalization? The history of the company includes some shocking tales, since companies have always rewarded some of the most greedy and unscrupulous - but they have also undoubtedly shaped the modern world. Today companies are increasingly regulated, but will there always be a new South Sea Bubble or another Enron? The authors extend their historical account to look at the company's future, which is, surprisingly, as smaller and more diverse. They explode the myth of a 'silent takeover' by corporations and challenge the assumptions of the anti-globalization movement, but make the ongoing power of the company abundantly clear.

The Right Nation is not "for" liberals, and it's not "for" conservatives. It's for any of us who want to understand one of the most important forces shaping American life. How did America's government become so much more conservative in just a generation? Compared to Europe-or to America under Richard Nixon-even President Howard Dean would preside over a distinctly more conservative nation in many crucial respects: welfare is gone; the death penalty is deeply rooted; abortion is under siege; regulations are being rolled back; the pillars of New Deal liberalism are turning to sand. Conservative positions have not prevailed everywhere, of course, but this book shows us why they've been so successfully advanced over such a broad front: because the battle has been waged by well-organized, shrewd, and committed troops who to some extent have been lucky in their enemies.John Micklethwait and Adrian Wooldridge, like modern-day Tocquevilles, have the perspective to see this vast subject in the round, unbeholden to forces on either side. They steer The Economist's coverage of the United States and have unrivaled access to resources and-because of the magazine's renown for iconoclasm and analytical rigor-have had open-door access wherever the book's research has led them. And it has led them everywhere: To reckon with the American right, you have to get out there where its centers are and understand the power flow among the brain trusts, the mouthpieces, the organizers, and the foot soldiers. The authors write with wit and skewer whole herds of sacred cows, but they also bring empathy to bear on a subject that sees all too little of it. You won't recognize this America from the far-left's or the far-right's caricatures. Divided into three parts-history, anatomy, and prophecy-The Right Nation comes neither to bury the American conservative movement nor to praise it blindly but to understand it, in all its dimensions, as the most powerful and effective political movement of our age. Chapter One FROM KENNEBUNKPORT TO CRAWFORD Sir Lewis Namier, the great historian of English politics in the age of George III, once remarked that "English history, and especially English parliamentary history, is made by families rather than individuals." The same could be said of American political history, especially in the age of George I and George II. There is no better introduction to the radical transformation of Republicanism in the past generation-from patrician to populist, from Northeastern to Southwestern, from pragmatic to ideological-than the radical transformation of Republicanism's current leading family, the Bushes. Grandfather Prescott The Bushes began political life as classic establishment Republicans: WASPs who summered in Kennebunkport, educated their children at boarding schools and the Ivy League and claimed family ties to the British royal family (Queen Elizabeth II is the thirteenth cousin of the first President Bush). George W.'s paternal great-grandfather, Samuel P. Bush, was a steel and railroad executive who became the first president of the National Association of Manufacturers and a founding member of the United States Chamber of Commerce. His maternal great-grandfather, George Herbert Walker, was even grander. The cofounder of W. A. Harriman, Wall Street's oldest private investment bank, Walker's stature was summed up by his twin Manhattan addresses: his office at One Wall Street and his home at One Sutton Place. There was certainly muck beneath this brass: both Walker and Bush had their share of Wall Street shenanigans and cozy government deals, but in the age...

In The Fourth Revolution, John Micklethwait and Adrian Wooldridge ask: what is the state actually for? Their remarkable book describes the three great revolutions in its history, and the fourth which is happening now In most of the states of the West, disillusion with government has become endemic. Gridlock in America; anger in much of Europe; cynicism in Britain; decreasing legitimacy everywhere. Most of us are resigned to the fact that nothing is ever going to change. But as John Micklethwait and Adrian Wooldridge show us in this galvanizing book, this is a seriously limited view of things. In response to earlier crises in government, there have been three great revolutions, which have brought about in turn the nation-state, the liberal state and the welfare state. In each, Europe and America have set the example. We are now, they argue, in the midst of a fourth revolution in the history of the nation-state, but this time the Western way is in danger of being left behind. The Fourth Revolution brings the crisis into full view and points towards our future. The authors have enjoyed extraordinary access to influential figures and forces the world over, and the book is a global tour of the innovators. The front lines are in Chinese-oriented Asia, where experiments in state-directed capitalism and authoritarian modernization have ushered in an astonishing period of development. Other emerging nations are producing striking new ideas, from Brazil's conditional cash-transfer welfare system to India's application of mass-production techniques in hospitals. These governments have not by any means got everything right, but they have embraced the spirit of active reform and reinvention which in the past has provided so much of the West's comparative advantage. The race is not just one of efficiency, but one to see which political values will triumph in the twenty-first century: the liberal values of democracy and freedom or the authoritarian values of command and control. The centre of gravity is shifting quickly, and the stakes could not be higher.