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The emptying of content in political discourse in an age as precarious and volatile as ours will have very dangerous consequences. The longer the political elite—whether in Washington or Paris, whether socialist or right-wing, whether Democrat or Republican—ignore the breakdown of globalization, refuse to respond rationally to the climate crisis and continue to serve the iron tyranny of global finance, the more it will shred the possibility of political consensus, erode the effectiveness of our political institutions and empower right-wing extremists. The discontent sweeping the planet is born out of the paralysis of traditional political institutions.