Nationalism is in vogue in the world's largest states.

President Vladimir Putin has called upon the specter of nationalism in staking Russia's claim to Crimea and as a justification for destabilizing Ukraine's east. He and the Russian military have acted to protect and, where possible, bring "home" his nation's ethnic kin.

Prime Minister Shinzo Abe visited a war shrine, in spite of predicable outrage in China. While, in China, President Xi Jinping has emphasized nationalist themes in advancing his "Chinese dream." Now India has elected Narendra Modi as prime minister by a landslide. He is being sworn in on Wednesday. The streets will be packed, the media will be hysterical, markets will rise, and the hopes of the poor will soar.