I have long argued that the categories of Left and Right lost relevance after the worldwide fall of communism following the end of the Cold War. The power of theories and analysis based on old categories of Left and Right to explain the contemporary world is largely absent. Part of the reason that most pundits were wrong about three major events – the election of Mr Modi, Brexit, and the election of Mr Trump as US president – is because they were thinking in terms of categories of Left and Right that are at least 20 years out of date.