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Jul 10, 2021 · Global capitalism seems to be placing democracy, especially liberal democracy, under considerable stress. Support for populism has surged, especially for extreme right parties with populist and authoritarian programs.
Global capitalism seems to be placing democracy under considerable stress. Inequality, insecurity, and interdependence have surged globally and appear to be key sources of stress.
Dec 1, 2021 · Still others such as Wendy Brown and Colin Hay stress the transformation of the public realm under neoliberalism, implying that it is less capitalism that has produced a crisis of democracy as much as the neoliberal variant of it (Hay, Citation 2007; Brown, Citation 2015).
Mar 20, 2018 · We identify three possible negative outcomes for democracy—“gridlock and careening,” “democratic erosion or collapse under new elites and dominant groups,” and “democratic erosion or collapse with old elites and dominant groups,” and one possible positive outcome—“reformed democracy.”
- Jennifer McCoy, Tahmina Rahman, Murat Somer
- 2018
- Abstract
- Representation regimes
- Dynamics
- Acknowledgements
This paper argues that the relationship between capitalism and democracy is not immutable but subject to changes over time best understood as movements across distinctive growth and representation regimes. Growth regimes are the institutionalized practices central to how a country secures economic prosperity based on complementary sets of firm str...
Two issues are central to contemporary debates about the relationship between capitalism and democracy. The first, normally given the most attention, is: how much control do democratic governments exert over capitalist economies? But, since democracies are representative systems designed to speak for a popular will, an equally important issue is...
This account is revealing about the dynamics through which capitalism and democracy change. Growth regimes and representation regimes are mutually constitutive of each other. As a result, the process whereby they change is marked by multiple endogeneities rather than stark lines of causality. Firm strategies at the heart of growth regimes respon...
For comments on a draft of this paper, I am grateful to Peter Gourevitch, Deborah Mabbett, Jonas Pontusson, Mark Schwartz, Waltraud Schelkle, Ron Rogowski, Yeling Tan and Nicholas Ziegler. Georgina Evans provided helpful research assistance.
- 635KB
- 54
GrowthPolicy’s Devjani Roy interview Jeffry Frieden, Chair of the Department of Government at Harvard and Stanfield Professor of International Peace, on globalization, the rise of populism, and the future of democracy.
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Jan 29, 2021 · In many parts of the Western world, the liberal and democratic values and institutions on which planning ideas are based have been under sustained attack or crumbling in the face of globalising capitalism and consumer culture.
