Category Archives: Democracy

Democracy and the Politics of Coronavirus: Trust, Blame and Understanding

This article explores the relationship between crises and democracy through a focus on the unfolding coronavirus pandemic. Its central argument is that to interpret the current pandemic purely in terms of its epidemiology and public health implications risks overlooking its … Continue reading

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Capitalism vs. Democracy

Thomas Piketty’s new book, “Capital in the Twenty-First Century,” described by one French newspaper as “a political and theoretical bulldozer,” defies left and right orthodoxy by arguing that worsening inequality is an inevitable outcome of free market capitalism. Piketty, a … Continue reading

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Beyond the vote: the crisis of representative democracy

Voting is meaningless when representatives are powerless in the face of greater forces. For democracy to work, we first of all need to wake up to reality. There is something profoundly wrong with our political system. Humanity is arguably facing … Continue reading

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Debt and Democracy: Has the Link been Broken?

The failure to take the wishes of voters into consideration leaves the resulting national debts on shaky ground politically and even legally. Debts imposed by fiat, by governments or foreign financial agencies in the face of strong popular opposition may … Continue reading

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European democracy falls victim to euro zone crisis

The developments in Greece and Italy highlight concerns in some capitals that the European Union disregards the will of the people — especially as the euro zone crisis has worsened. Observers including Trevor Evans, an economics professor at the Berlin … Continue reading

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O paradoxo do progresso social e a reação econômica

Read Fizemos um espantoso progresso em três décadas nos Estados Unidos a respeito de questões envolvendo tolerância e inclusão. A sociedade se tornou mais inclusiva com respeito aos direitos da mulher, dos afro-americanos, da comunidade LGBT, das pessoas portadoras de … Continue reading

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Dignity and Democracy: Escaping the Clutches of the Financial Markets

Read In today’s Europe, the people are no longer in control. Instead, politicians have become slaves to financial institutions and the markets. We are partly to blame — and changes are urgently needed to nurse European democracy back to health. … Continue reading

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Economists and Democracy

Read Well-functioning markets are always embedded within broader mechanisms of collective governance. That is why the world’s wealthier economies, those with the most productive market systems, also have large public sectors. Once we recognize that markets require rules, we must … Continue reading

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