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Articles by Harold James
Zukunft der Industrie: So ein Problem hatte Deutschland schon lange nicht mehr
FAZ+ Zukunft der Industrie : So ein Problem hatte Deutschland schon lange nicht mehr Von Harold James 05.10.2026, 07:21Lesezeit: 9 Min. Seit dem zweiten Weltkrieg hat Deutschland jede wirtschaftliche Herausforderung gemeistert. Doch jetzt braucht das Land ein ganz neues Modell für seine Industrie. Anhören Teilen Verschenken Drucken Zur App Der China-Schock für das moderne Deutschland ist beängstigend – und real.
The Great AI Gamble
As the two world leaders in AI development and adoption, the United States and China are each operating under assumptions that justify ever-faster progress, regardless of the risks. The current thinking is not unlike the rationale once given for Stalinist brutality in the name of rapid modernization.
Der Yen als äussere Verteidigungslinie des Dollars
Die USA stützen Japans Währung nicht aus Freundschaft – sondern aus Angst vor einem Dominoeffekt auf den eigenen Anleihemarkt. Die Parallelen zu den 1960er-Jahren sind frappierend. Auf einem Reuters-Foto von Ende Juli ist US-Finanzminister Scott Bessent zu sehen, wie er eine To-do-Liste mit nur einem Punkt in der Hand hält: den Kauf von Yen im Wert von 5 bis 10 Mrd. $.
Las defensas externas del dólar han sido vulneradas
No hay más artículos para escuchar En una foto de Reuters de finales de julio, se puede ver al secretario del Tesoro estadounidense, Scott Bessent, sosteniendo una lista de tareas con un solo punto: comprar entre 5,000 y 10,000 millones de dólares en yenes. Como explicó poco después, citando la famosa frase que el entonces presidente del Banco Central Europeo, Mario Draghi, utilizó para salvar el euro en 2012, la administración Trump hará «lo que sea necesario» para apuntalar la moneda japonesa.
The dollar's outer defenses have been breached
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Lo que la desigualdad le hace a la democracia electoral
En un nuevo ensayo polémico que aspira a convertirse en un manifiesto para nuestro tiempo, los economistas Julia Cagé, de Sciences Po, y Thomas Piketty, de la Escuela de Economía de París, recurren a los últimos dos siglos y medio de historia francesa para analizar el impacto de la desigualdad económica sobre la política y la sociedad, y plantear qué debería hacerse al respecto. Publicado originalmente en francés en 2023, Una historia del conflicto político.
Los fuertes sufren lo que deben
No hay más artículos para escuchar La política mundial se ha trastocado. Las antiguas grandes potencias ya no parecen controlar el destino de todos. Se han debilitado y desacreditado: Rusia se desintegra progresivamente y la presidencia de Donald Trump ha mermado la posición internacional de Estados Unidos. Puede que las antiguas potencias aún conserven su prestigio, pero sus debilidades han quedado al descubierto. Las valoraciones sobre lo que importa también están cambiando.
The Strong Suffer What They Must
Foolish military interventions driven by outdated calculations of economic power have thoroughly discredited the old big powers. Thucydides might well have appreciated the irony of a world in which smaller, weaker countries like Ukraine and Iran can expose Russia and the United States, respectively, as paper tigers. PRINCETON—World politics has gone topsy-turvy. No longer do the old great powers seem to control everyone’s destiny.
De sterken ondergaan wat ze moeten ondergaan
Kleinere staten als Oekraïne en Iran hebben grotere machten ontmaskerd als papieren tijgers. Thucydides kon allicht de ironie smaken. De auteur Harold James is hoogleraar geschiedenis en internationale betrekkingen aan Princeton University en auteur van ‘Seven Crashes: The Economic Crises That Shaped Globalization’. De kwestie Kleinere staten als Iran en Oekraïne zetten veel grotere machten te kijk in asymmetrische oorlogen.
Qué consecuencias tiene la desigualdad para la democracia electoral
No hay más artículos para escuchar En una nueva obra polémica que pretende servir de manifiesto para nuestros tiempos, las economistas Julia Cagé, de Sciences Po, y Thomas Piketty, de la Escuela de Economía de París, recurren a los últimos dos siglos y medio de historia francesa para analizar el impacto de la desigualdad económica en la política y la sociedad, y qué medidas se deben tomar al respecto.
The Strong Suffer What They Must
Politics The Strong Suffer What They Must Jul 23, 2026 Harold James Foolish military interventions driven by outdated calculations of economic power have thoroughly discredited the old big powers. Thucydides might well have appreciated the irony of a world in which smaller, weaker countries like Ukraine and Iran can expose Russia and the United States, respectively, as paper tigers. PRINCETON—World politics has gone topsy-turvy. No longer do the old great powers seem to control everyone’s destiny.
The Strong Suffer What They Must
PRINCETON—World politics has gone topsy-turvy. No longer do the old great powers seem to........
What Inequality Does to Electoral Democracy
en English Longer Reads What Inequality Does to Electoral Democracy Jul 17, 2026 Harold James Like many advanced democracies, France has long cycled between periods in which its politics were divided along traditional left-right redistributionist lines, and those in which culture war issues took center stage. If there is any lesson to be drawn from this history, it is that the cycle may be about to repeat.
What Inequality Does to Electoral Democracy
PRINCETON—In a new polemic that aims to serve as a manifesto for our times, the economists Julia Cagé of Sciences Po and Thomas Piketty of the Paris........
What history tells us about Trump’s self-enrichment
These days Donald Trump is a modern Midas, turning everything he touches into gold.
El triunfo de un populismo saludable
PRINCETON—Según la opinión generalizada, la política del siglo XXI está marcada por una reacción autocrática y etnonacionalista contra el capitalismo global y la democracia liberal. Sin embargo, los últimos acontecimientos han puesto de manifiesto que esta revuelta política presenta matices más complejos. En una era de rápidos cambios tecnológicos y económicos, la gente recurre invariablemente al pasado.
El triunfo de un populismo saludable
Según la opinión generalizada, la política del siglo XXI está marcada por una reacción autocrática y etnonacionalista contra el capitalismo global y la democracia liberal. Sin embargo, los últimos acontecimientos han puesto de manifiesto que esta revuelta política presenta matices más complejos. En una era de rápidos cambios tecnológicos y económicos, la gente recurre invariablemente al pasado.
Crowning a healthy populism
Albanians protest against a planned resort linked to US president's family, in Tirana on June 27. AFP Conventional wisdom has it that an autocratic ethnonationalist backlash against global capitalism and liberal democracy is driving 21st-century politics. Yet recent developments have shown the political revolt to be more nuanced. In an era of rapid technological and economic change, people invariably look to the past.
El triunfo de un populismo saludable
Según la opinión generalizada, la política del siglo XXI está marcada por una reacción autocrática y etnonacionalista contra el capitalismo global y la democracia liberal. Sin embargo, los últimos acontecimientos han puesto de manifiesto que esta revuelta política presenta matices más complejos. En una era de rápidos cambios tecnológicos y económicos, la gente recurre invariablemente al pasado.
Crowning a Healthy Populism
Crimea 2 hours ago Russia Hit by 660-Drone Overnight Barrage Targeting Moscow, Crimea and Key Military Sites Kyiv Post - Alisa Orlova • 2h In brief: Drones attacked several Russian regions early Friday, including Moscow and the surrounding region, while explosions were reported near the … U.S. Politics 10 hours ago The Meltdown The Atlantic - By Jonathan Lemire and Russell Berman • 10h One day that captures how Trump has gone from unpredictable to chaotic A desultory, grievance-filled speech...
Crowning a Healthy Populism
Although recent political mobilizations in Hungary, Albania, and other parts of Central and Eastern Europe could be described as populist and nationalist, they have little in common with the aggressive ethnonationalism that MAGA professes. Could they be a model for a new form of politics? PRINCETON—Conventional wisdom has it that an autocratic ethnonationalist backlash against global capitalism and liberal democracy is driving 21st-century politics.
Crowning a Healthy Populism
PRINCETON—Conventional wisdom has it that an autocratic ethnonationalist backlash against global........
Hány hadosztálya van a pápának? Újra előkerült a régi mondás
Ha csak egy perce van, olvassa el a lényeget AI összefoglalónkban. A Trump-kormányzat és XIV. Leó pápa közötti, az Irán elleni meggondolatlan háború miatti vitát követően eszünkbe juthatnak azok a korábbi történelmi időszakok, amikor a Vatikán erkölcsi iránymutatást nyújtott egy olyan világnak, amelyet a cinizmus és az agresszív autoritarianizmus rongált meg. Elsősorban az amerikaiaknak kellene megszívlelniük ezt az üzenetet. Ez itt az on the other hand, a portfolio vélemény rovata.
¿Cuántas divisiones tiene el Papa?
Una anécdota apócrifa de la Conferencia de Potsdam de 1945 cuenta que Josef Stalin le preguntó a Winston Churchill: "¿Cuántas divisiones tiene el Papa?". Al parecer, el Papa Pío XII replicó: "Mi hijo José lo descubrirá cuando intente ir al cielo".
¿Cuántas divisiones tiene el papa León?
No hay más artículos para escuchar Una anécdota apócrifa de la Conferencia de Potsdam de 1945 cuenta que Josef Stalin le preguntó a Winston Churchill: «¿Cuántas divisiones tiene el papa?» Supuestamente, el papa Pío XII replicó: «Mi hijo José lo sabrá cuando intente ir al cielo».
How Many Divisions Has Pope Leo?
en English Politics May 1, 2026 Following the Trump administration's spat with Pope Leo XIV over its misbegotten war with Iran, one is reminded of previous historical episodes when the Vatican offered moral clarity for a world that had been corrupted by cynicism and aggressive authoritarianism. Americans, above all, should heed the message.
El “momento Suez” de Donald Trump
PRINCETON – La guerra es siempre una apuesta. Esto es cierto incluso cuando los líderes la llaman de otra manera, como “operación militar especial” (el nombre evasivo que el presidente ruso Vladimir Putin da a su invasión a gran escala de Ucrania) o “excursión” (el término preferido del presidente estadounidense Donald Trump para referirse a su ataque contra Irán). Por supuesto, las apuestas de alto riesgo a veces dan sus frutos.
Donald Trump’s Suez moment
War is always a gamble. That is true even when leaders call it something else, like “special military operation” (Russian President Vladimir Putin’s evasive name for his full-scale invasion of Ukraine) or “excursion” (U.S. President Donald Trump’s preferred term for his attack on Iran). Of course, high stakes gambles do sometimes pay off.
La peligrosa ilusión de las ‘guerras rápidas’
La invasión a gran escala de Ucrania por parte de Rusia fue concebida como un golpe rápido y quirúrgico para decapitar al liderazgo democráticamente elegido de Ucrania, pero la incompetencia del Ejército ruso convirtió la operación militar especial en un atolladero. Aquí, un tanque de guerra en una calle de Kiev. La guerra es siempre una apuesta.
Suez, Ukraine, Nahost: Wenn Grossmächte ihr eigenes Grab schaufeln
Meinung – Suez, Ukraine, Nahost: Wenn Grossmächte ihr eigenes Grab schaufeln Drei Kriege, drei Fehlkalkulationen: 1956 scheiterten London und Paris am Suezkanal, 2022 Moskau in der Ukraine. Nun riskieren die USA im Iran dasselbe Muster – mit unabsehbaren Folgen für die Weltwirtschaft. Britische Panzer patrouillieren während der Suez-Krise durch die Strassen von Port Said. Jetzt abonnieren und von der Vorlesefunktion profitieren. BotTalk Krieg ist immer ein Glücksspiel.
Donald Trump’s Suez Moment
Kenny Holston/Pool/Getty Images en English Politics Mar 25, 2026 In 1956, British and French leaders launched an operation to overthrow a hostile government in Egypt and restore their own countries' global preeminence, only to suffer a humiliating defeat that would leave them weakened and dependent on the United States. Is the US president dragging his country down a similar path in Iran? Your browser does not support the audio element.
KOLUMN | Harold James: brittide parteisüsteemi kokkuvarisemine pakub eelvaadet Ameerika võimalikust tulevikust
Britid pidasid end ehk mõnevõrra ninakalt peenetundelisteks ateenlasteks ja ameeriklasi seevastu robustseteks roomlaste järeltulijateks. FOTO: REUTERS/Mike Blake/Scanpix| Delfi Meedia kollaaž Kui USA president Donald Trump ja asepresident JD Vance hoiatavad meid Lääne „tsivilisatsioonilise kustutamise“ eest, viitavad nad oma väidete kinnituseks sageli Ühendkuningriigile ja eriti Londonis toimuvale.
British lessons about American decline
When issuing their warnings about Western “civilizational erasure,” U.S. President Donald Trump and Vice President JD Vance often point to the United Kingdom, and especially London, to make their case. But while the U.K. does offer a cautionary tale, it is not the one MAGA has in mind. Rather than indulging in anti-immigration culture wars, Trump and his followers’ time would be better spent examining how Britain struggled with the loss of global preeminence.
USA und Grossbritannien: Trumps Amerika droht der gleiche Niedergang wie dem Vereinigten Königreich
Meinung – Trumps Amerika droht der gleiche Niedergang wie dem Vereinigten Königreich Währungsverfall, Protektionismus, politische Skandale: Die britische Geschichte liefert eine Blaupause für die Zukunft der USA. König Charles III. und US-Präsident Donald Trump in der royalen Kutsche bei Trumps letztem Staatsbesuch 2025. Jetzt abonnieren und von der Vorlesefunktion profitieren.
British Lessons About American Decline
en English Politics Feb 27, 2026 Rather than indulging in anti-immigration culture wars and tarring Britain as a case study in "civilizational erasure," Donald Trump and his followers’ would do well to examine how Britain struggled with the loss of its own global preeminence. No other country’s recent past better represents America’s possible future.
Trump’s American Titanic
en English Economics Donald Trump’s bullying of allies and fallacious arguments have put the US on a collision course with disaster, winning only rare plaudits, notably from the likes of Vladimir Putin. The rest of the world is reorienting itself away from the United States, making an orderly dash for the life rafts that will carry them to dry land together. PRINCETON – Recent political developments in the United States have revealed a fundamental American weakness.
Against Euro-Pessimism
en English Politics Over the past year, Europe has become an unseemly hybrid: a punching bag and a laughingstock. But even if recent events make it difficult to feel optimistic, the continent's history offers plenty of reminders that reinvention and recovery are the rule, not the exception. PRINCETON – Heading into the new year, it is difficult to feel optimistic about Europe.
Nach Putins Gusto: Trumps Dolchstoss in den Rücken der Ukraine
Meinung Nach Putins Gusto – Trumps Dolchstoss in den Rücken der Ukraine Die ukrainischen Streitkräfte sind unbesiegt – dennoch droht dem Land die Niederlage. Ein Waffenstillstand ohne feste Sicherheitsgarantien wäre fatal für Kyjiw, Europa und die Welt. Der russische Krieg gegen die Ukraine ist eine Ungeheuerlichkeit, die beendet werden muss. Aber wie? Angesichts des weitgehenden militärischen Patts ist es nur natürlich, dass alle Parteien nach politischen Lösungen suchen.
Trump’s Stab in the Back
en English Politics Reading like it was dictated by the Kremlin, the Trump administration's latest "peace" plan for Ukraine would have dire implications not only for that country, but also for Europe and the rest of the world. The message is simple and unmistakable: Now that it stands for nothing, the United States can easily be bought. PRINCETON – Russia’s war on Ukraine is an outrage that needs to end. But how?
Die utopische Vorstellung, den Schulden zu entkommen, zerstört das Fundament unserer Gesellschaft – Schweizer Monat
Read the english version here. Ende des 17. Jahrhunderts gelang in London ein finanzielles Wunder: Mit der Gründung der Bank of England wurde aus der Schuldenlast des Staates ein Motor des Fortschritts. Zum ersten Mal konnten Regierungen durch die Ausgabe von Anleihen und Banknoten künftige Einnahmen in gegenwärtige Kaufkraft verwandeln – Geld entstand gewissermassen aus Schulden. Diese neue «Magie des Geldes» faszinierte ganz Europa.
Profiles in Weakness at the Trump-Xi Meeting
The world has awaited this week’s meeting between US President Donald Trump and Chinese President Xi Jinping with bated breath. Can a face-to-face encounter – this time at the Asia-Pacific Economic Cooperation Summit in South Korea – resolve a conflict that has generated increasingly alarming headlines this year?
Profiles in Weakness at the Trump-Xi Meeting
en English Politics While most people regard the Sino-American rivalry as a new cold war between two world-bestriding giants, the truth is that both countries are tightly constrained. Presidents Donald Trump and Xi Jinping each sense the other side's vulnerabilities, which means they cannot hide their own. PRINCETON – The world has awaited this week’s meeting between US President Donald Trump and Chinese President Xi Jinping with bated breath.
Profiles in Weakness at the Trump-Xi Meeting
US government allowed and even helped US firms sell tech used for surveillance in China, AP finds U.S. lawmakers have tried four times since September last year to close what they called a glaring loophole: China is getting around export bans on the sale of powerful American AI chips by renting them through U.S. cloud services instead. But the proposals prompted a flurry of activity from more …
Profiles in Weakness at the Trump-Xi Meeting
While most people regard the Sino-American rivalry as a new cold war between two world-bestriding giants, the truth is that both countries are tightly constrained. Presidents Donald Trump and Xi Jinping each sense the other side's vulnerabilities, which means they cannot hide their own.
Trump Is Losing His Geoeconomic War
By Harold James PRINCETON – In an age of shifting geopolitics, many countries’ strategic planning includes imaginative exercises in weaponizing their positions in the world. While Russia and China have been moderately successful at this game, America’s efforts have already boomeranged back on it. Russia thought energy dependence would force Europe to accept its invasion of Ukraine in 2022, and that calculation was partly right: Europe has found it hard to wean itself off of Russian oil.
Trump po e humbet luftën e tij gjeoekonomike
Në një epokë gjeopolitike në ndryshim, planifikimi strategjik i shumë vendeve përfshin ushtrime imagjinative në armatosjen e pozicioneve të tyre në botë. Ndërsa Rusia dhe Kina kanë qenë mesatarisht të suksesshme në këtë lojë, përpjekjet e Amerikës tashmë janë kthyer si bumerang kundër saj. Rusia mendoi se varësia energjetike do ta detyronte Evropën të pranonte pushtimin e Ukrainës në vitin 2022 dhe kjo llogaritje ishte pjesërisht e saktë: Evropa e ka pasur të vështirë të shkëputet nga nafta ruse.
Trump Is Losing His Geoeconomic War
In seeking to weaponize the US economy and financial system against China, Russia, and many other countries, Donald Trump has picked a fight that he cannot win. After all, it is much easier for other countries to develop alternatives to the dollar than for America suddenly to develop its own rare earths industry. PRINCETON – In an age of shifting geopolitics, many countries’ strategic planning includes imaginative exercises in weaponizing their positions in the world.
La terapia de choque de Trump dividirá al MAGA Original
PRINCETON - El consenso en los países ricos, y quizás a nivel mundial, es que un mundo en crisis requiere algún tipo de intervención radical. Eso es lo que prometió el presidente estadounidense Donald Trump, y aunque goza de una gran impopularidad (con una desaprobación pública en su país en constante aumento), incluso sus oponentes comparten su convicción de que la política tradicional ya no servirá. Pero vale la pena preguntarse cómo terminan las intervenciones de choque.
Giftige Narrative: Das gefährliche Spiel mit dem Schock: Trumps Strategie birgt explosive Risiken
Meinung Giftige Narrative – Das gefährliche Spiel mit dem Schock: Trumps Strategie birgt explosive Risiken Mit Zöllen und Deals hinter verschlossenen Türen will Trump Amerika zu neuer Grösse führen. Doch ähnliche Schocktherapien in Osteuropa nach dem Kommunismus zeigen: Am Ende bleiben tiefe gesellschaftliche Spaltung und Verschwörungstheorien. Jetzt abonnieren und von der Vorlesefunktion profitieren.
Trump’s Shock Therapy Will Divide MAGA
The consensus in rich countries – and perhaps globally – is that a world in turmoil requires some kind of radical intervention. That is what US President Donald Trump promised, and though he is widely unpopular (with his public disapproval at home steadily rising), even his opponents share his belief that politics as usual will no longer do. But it is worth asking how shock interventions end.
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