The upset result of the November presidential election in the United States was followed by the announcement by French President Francois Hollande that he would not seek re-election next year and the resignation of Italian Prime Minister Matteo Renzi over the rejection of his proposed constitutional amendment in a national referendum. In South Korea, President Park Geun-hye was suspended from power following a parliamentary vote of impeachment. It almost seems like a worldwide chain reaction of disruption to those in power in advanced democracies.

In the U.S. and Europe, emerging political forces have been rising from outside the regime of established political parties, and governments are cracking under pressure of anti-establishment public discontent.

In my opinion, the recent series of political developments signifies a collapse of the center-left politics pursued in Western Europe over the past quarter century and the New Democrat movement in the U.S.