The votes had barely been counted when The New York Times rushed to offer a dose of reassurance: “In E.U. Elections, the Center Holds.” CNN also picked up the theme: “Far right surges in European Parliament elections but center still holds.” Yet most of the power in the European Union remains with its Council (which is composed of the heads of each member state, and which defines the EU’s priorities) and Commission (roughly, its unelected executive branch)—and the Council is free to ignore Parliament’s opinions. This renders the whole exercise safe for protest votes. But that doesn’t mean the rise of far-right parties across the continent shouldn’t be concerning, even here in the United States.

I still recall the comical choreography of the customs line at Heathrow Airport the day before Britain’s Brexit referendum in June 2016. I was standing between a German woman and her husband, indicating that he should go ahead of me. “After all,” I said, brandishing my newly acquired UK passport, “we Europeans must stick together.” All of us assumed the referendum was doomed to failure.

When it passed, by the narrow but decisive margin of 51.9 percent to 48.1 percent, undoing decades of integration, I got a phone call from a pro-Brexit friend, his triumphant tone tempered by a note of genuine concern. “You know what this means, don’t you?” he said. “Trump is going to win.” I was sure he was wrong on that, too.

Call it the zeitgeist—or simple confirmation bias—but anyone anxious about Joe Biden’s chances in November can find abundant cause for alarm. And not just because of the latest news from Europe. The president’s loss of support among young voters over his blank-check backing of Israel’s brutal war in Gaza, plus the creeping disapproval among young voters of color owing to both Gaza and the state of the economy, have been amply covered in these pages and elsewhere.

The Times recently reported on discontent among another small but symbolically important bloc: Black farmers. Fueling their anger is the latest broken promise by the Department of Agriculture: A $4 billion debt-relief program aimed at minority farmers (remedying a long legacy of racist lending policies) was successfully stymied by a Florida judge who ruled that it discriminates against whites.

Nation justice correspondent Elie Mystal has repeatedly warned of the political price of the Democrats’ reflexive deferral to a politicized judiciary. I want to make a different argument: that as our country increasingly devolves into a winner-take-all oligarchy where the rich make their own rules—and can cultivate and buy judges to enforce them—the center will not hold. Donald Trump may be offering a fraudulent—and ultimately disastrous—alternative to the status quo, but if Biden positions himself as the defender of the current system, it will be déjà vu all over again in November.

Luckily, there is still time for the president to change course—not only on Gaza but on the economy, where, despite some smart hires, serious infrastructure spending, and low headline unemployment, the benefits remain skewed toward the wealthy, lifting the Dow to record highs while leaving many Americans one serious illness away from bankruptcy. And as Sasha Abramsky reports in this issue, abortion activists may defeat Trump in Arizona. But even if that happens, the status quo—the center—will not deliver peace, security, or prosperity (or, if you prefer: peace, land, and bread). Without them, no government should feel safe in power.

Elsewhere in this issue, Mara Kardas-Nelson exposes the disastrous legacy of microfinance—once touted as a way around the need for structural changes to the economy in developing countries—while Spencer Ackerman and Eric Orner chart who is profiting from the war in Gaza, and Omer Bartov traces the new history of an old hatred.

But it’s not all doom and gloom here. Stephanie Burt illuminates the many lives of Taylor Swift; Kellie Carter Jackson celebrates the radical life and times of Harriet Tubman; Sasha Frere-Jones excavates the Poetry Project; Jillian Steinhauer considers the art of LaToya Ruby Frazier; and Jorge Cotte salutes the television adaptation of Viet Thanh Nguyen’s The Sympathizer. Plus our monthly bouquet of columnists, debates, and editorial voices—and even a visual primer.

Please stay cool.

D.D. Guttenplan Editor