- The new president’s ad hoc deals may transform domestic and international scene
- Mr. Trump’s will woo Congress while using social media to punish mavericks
- Priority on rebuilding at home could end up strengthening the U.S. abroad
- But without shrewd diplomacy, dismantling multilateral approach risks conflict or war
At noon on January 20, 2017, Donald Trump was sworn in as the 45th president of the United States. Few of his predecessors have so profoundly shaken long-cherished beliefs about domestic and global politics even before taking office. It remains to be seen whether forecasts of disaster will come true, or whether the new administration is an agent of the sort of “creative destruction” that, in a different era, Joseph Schumpeter considered as the precondition for a “new combination” of economic and political factors – a new order.