More than three decades ago, Francis Fukuyama saw the future: a world order that looked inevitable, stable, liberal. What emerged instead is something bumpier, louder, and far more dangerous.

In this episode, Fukuyama takes us on a ride through the strange resurrection of 19th-century power politics, the rise of political strongmen, and the collapse of trust that can dooms institutions to failure. We discuss what’s left to salvage – and what a bureaucracy of the future could accomplish.