Donald Trump won a second — and, this time, overwhelming — victory on November 5. As the United States and the world take stock, the Journal of Democracy is looking back at 2016 and Trump’s unlikely rise to power. The 2016 U.S. Election: The Populist Moment Rising populism in the U.S. and beyond is calling into question the liberal-democratic bargain that has defined the postwar era. What led to Americans’ present revolt against elites, and what are its implications? William A.