On December 14, the ACG and 1014 hosted a discussion with Prof. Dr. Jutta Allmendinger, President of the WZB Berlin Social Science Center, and Dr. Adam Tooze, Shelby Cullom Davis Chair of History and Director of the European Institute at Columbia University; and moderated by journalist Ines Pohl, Washington bureau chief for Deutsche Welle. This discussion is part of the virtual series Democracies under Pressure: Challenges for the Global Liberal Order.