At the World Economic Forum in Davos, Switzerland, global elites confront a new reality with Donald Trump back in the White House. His executive orders like withdrawing from the WHO and imposing tariffs signify a stark shift toward isolationism. This resulted in a somber atmosphere among attendees who felt that their ideals of globalization and international cooperation are increasingly irrelevant. Intellectuals like Walter Russell Mead pointed out that the consensus among the elite has drastically shifted, underscoring their perceived losses in influence and relevance in this new era.
"Trump's political victory underscored how all those present are 'losing,' with the intellectual and managerial elite's ideals retreating in the face of changing global narratives."
"Davos veterans thought history was over, but their principles of international cooperation and globalization are resonating less in the current political landscape."
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