Showing results for "The Economics Book" in Democracy

NATIONAL BESTSELLER A bold case for reimagining the American project and making American democracy real—from a formidable new voice in political journalism “The first thing I’ve read that provides a rigorous vision of how to refound this nation if we manage to survive the current...

Before and after World War II, a serendipitous confluence of events created a healthy balance between the market and the polity - between the engine of capitalism and the egalitarian ideals of democracy. A global financial system was devised explicitly to allow nations to manage capitalism. Yet this golden era turned out to be lightning in a bottle. From the 1970s on, a power shift occurred, in which financial regulations were rolled back, taxes were cut, inequality worsened, and disheartened voters turned to far-right faux populism. Can democracy find a way to survive?