Ishaan Tharoor's Global Notes column argues that the Democrats' big November 2026 midterm wins mark a rise of "good populism" — an economic, pluralist strain that scapegoats billionaires rather than migrants — and that Europe's far right, once emboldened by Trump, now faces setbacks from Orbán's defeat in Hungary to Spain's Pedro Sánchez feeling encouraged. Tharoor forecasts continued trouble in Europe: possible Le Pen victory in France, AfD gains in Germany, and Labour losses in Britain.