TIME

Making globalism great again

Klaus Schwab, left, executive chairman of the World Economic Forum, and French President Emmanuel Macron in Davos on Jan. 24

MUCH LIKE THE SECRET INFRASTRUCTURE OF money and power that makes the world go round, the Swiss Alps were imposing but nearly invisible as the world’s financial, political and intellectual leaders gathered in Davos. An epic 6-ft. snowstorm had snarled the Jan. 22 opening of the World Economic Forum. The bestowing of humanitarian awards on Cate Blanchett and Elton John had to be delayed by half an hour as the world’s VIPs slipped and slid and simmered in hours of stopped traffic.

By week’s end, Donald Trump would be joining the gathering—a neat symbol of his ingestion by the globalist class. A year ago, this group had been mortified by Trump’s election and the rise of populism around the world. But the destabilizing President who once seemed like an existential threat now seems more like a harmless diversion. A year after Trump’s election raised the prospect of revolution, the elites have regained their confidence. The revolt had been put down, stock markets are up, and globalism is

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