Democracy’s Death Spiral

Katharina Pistor’s article Capitalism Is Driving Democracy’s Death Spiral was recently published by Project Syndicate.

“The post-election blame game in the United States will not only tear apart the Democratic Party, but will also distract from the elephant in the room. Democracy has been eroded by a socioeconomic regime that puts price signals above people’s needs, undermining the capacity for consensus and collective decision-making.”

Read more here.