For liberals 2016 has been a grim year. A wave of populist anger has swept through the West, leading Britons to vote for a divorce from the European Union and Americans to elect as their 45th president a property magnate with no previous government experience who ran the most divisive and ugly campaign in modern American history. Within a few short months voters on both sides of the Atlantic delivered a powerful repudiation of their political establishment; shifted the fault lines of Western politics from left v right to open v closed; and voiced a collective roar of disapproval of globalisation, now shorthand for a rigged system that benefits only a self-serving elite. These are body blows to the liberal world order. Just how serious they are will become clear in 2017.
From The Economist