Rise of the Chest-Thumpers

Leaders in all three nations are using nationalism to revive the authority of the state.

Xi and Modi have exploited the politics of personality.

Source: ChinaFotoPress

History clearly didn't end with the triumph of market capitalism and democracy. Those who seek to disprove this old dogma often point to the eruption of radical Islam and the counteroffensive by the West -- two events which have indeed overshadowed the last decade in many countries. But history has accelerated more dramatically -- in the wrong direction -- in three nations that contain a much larger part of the world’s population.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.