Republicans and Democrats: Joined in a populist fight for community?

When I was coming of age in the 1980s, I lived in a household that lionized Ronald Reagan. My parents saw him as the man who restored confidence to a nation weary of inflation and self-doubt. 

Conservatism then was said to rest on a three-legged stool: free markets and small government; a robust national defense; and traditional, family-oriented social values. 

Mr. Reagan’s nearly decadelong dominance of American politics sent Democrats looking for a “third way” in the 1990s. Bill Clinton embraced business-friendly policies, ended welfare as we knew it, and, after the collapse of communism, helped construct a more open system of global capitalism. For the next two decades, the center left and center right generally agreed on the priorities of free markets and economic growth. 

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