Economic Democracy

What would it mean to create an economics that guarantees dignity for all? For decades, we were told that free markets would safeguard democracy. Instead, we are now living in an age of emergencies as the cost of living rises, democratic institutions weaken and the far right gains ground across...

From its inception, liberalism offered a glittering promise of shared prosperity, equality, democratic values and the free pursuit of knowledge. At first, it flourished. And then it faltered. Once a tantalising beacon of hope, it began to erode and decay at the hands of elitism, intolerance and...

Ancient Greece first coined the concept of democracy, yet almost every major ancient Greek thinker - from Plato and Aristotle onward - was ambivalent toward or even hostile to democracy in any form. The explanation for this is quite simple: The elite perceived majority power as tantamount to a dictatorship of the proletariat. In ancient Greece, there can be traced not only the rudiments of modern democratic society but the entire Western tradition of antidemocratic thought.

Capitalism, Socialism, and Democracy: Exploring the Evolution of Economic Systems and the Future of Democracy by Joseph A. Schumpeter is a seminal work that examines the dynamics of economic systems and their societal impact. Published in 1942, this influential book introduces the concept of "creative destruction," illustrating how innovation disrupts established industries to drive progress. Schumpeter explores the strengths and vulnerabilities of capitalism, arguing that its success ironically paves the way for its decline through institutional shifts and bureaucratic expansion.

This sweeping book is a systematic treatment of the historic transformation of the West from limited monarchy to unlimited democracy. Revisionist in nature, it reaches the conclusion that monarchy, with all its failings, is a lesser evil than mass democracy but outlines deficiencies in both as systems of guarding liberty.

Inez Victor knows that the major casualty of the political life is memory. But the people around Inez have made careers out of losing track. Her senator husband wants to forget the failure of his last bid for the presidency. Her husband's handler would like the press to forget that Inez's father is a murderer. And, in 1975, the year in which much of this bitterly funny novel is set, America is doing its best to lose track of its one-time client, the lethally hemorrhaging republic of South Vietnam.

As inequality, inflation, and overwhelming corporate power threaten democracy, a rising-star economist asks what it would mean to create an anti-fascist economics that guarantees dignity for all. On the night of President Trump's second presidential victory, economist Isabella Weber tweeted...

Penguin presents the audiobook edition of How Democracies Die by Steven Levitsky and Daniel Ziblatt, read by Fred Sanders. Two Harvard professors explain the dangerous world we face today Democracies can die with a coup d'état - or they can die slowly. This happens most deceptively when in...

In this short accessible book, leading democratic theorist Jason Brennan guides listeners through the evolution of the concept of democracy and actual democratic practice over time to help them understand the foundations of this longstanding and yet newly fragile political system. In his wide-ranging tour of the concept, Brennan will examine what democracy meant to the Greeks who first developed the concept before examining how it changed throughout European and later Western history.

Sent by the French government to examine the American prison system, Alexis de Tocqueville spent nine months touring the United States between 1831 and 1832. However, fascinated by the success of America's democratic system, de Tocqueville took advantage of his stay to examine the country's foundations and glean ideas that might rescue his homeland from the manacles of social inequality. He leaves no stone unturned, exploring each branch of government, the constitution, economics, religion, race, the judiciary, laws, principles, education, culture, and views on wealth and poverty.

Democracy has died hundreds of times, all over the world. We think we know what that looks like: chaos descends and the military arrives to restore order, until the people can be trusted to look after their own affairs again. However, there is a danger that this picture is out of date. Until very recently, most citizens of Western democracies would have imagined that the end was a long way off, and very few would have thought it might be happening before their eyes as Trump, Brexit and paranoid populism have become a reality. 

A tyranny stretching over thousands of worlds. The grand dreams of the founders are a joke. The Thousand Families, the rulers of the Empire, care nothing for anything save their own power. From the undercity of Earth to the new colonies at the Rim, discontent, anger, and rebellion seethe, but there is no hope of breaking the power of the Empire and freeing the trillions of enslaved humans and aliens.

No political concept is more used, and misused, than that of democracy. Nearly every regime today claims to be democratic, but not all "democracies" allow free politics, and free politics existed long before democratic franchises. This book is a short account of the history of the doctrine and practice of democracy, from ancient Greece and Rome through the American, French, and Russian revolutions, and of the usages and practices associated with it in the modern world.

The rebels have won a great victory, shattering the Empire's grip on Sector 117. Starships are mutinying, the Empire's power and authority are crumbling, and the rebels are making their way towards Earth. Their victory seems inevitable. But, as news of the rebellion finally reaches Earth, the Thousand Families start preparing for all-out war. The Empire has a war leader, a colossal advantage in firepower, and the determination to do whatever it takes to destroy the rebels before they can win.

In 1831, Alexis de Tocqueville, a young French aristocrat and civil servant, made a nine-month journey through the eastern United States. The result was Democracy in America, a monumental study of the strengths and weaknesses of the nation’s evolving politics. His insightful work has become one of the most influential political texts ever written on America.

Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve.   

They say we live in a democracy. We are free, and we should be grateful. But just how “free” are we? How democratic are our so-called “democracies”? Is it enough to simply elect our leaders and sit back, helpless, as they rule over us like dictators? What good is selecting our politicians, if we cannot control our media, police, or soldiers?

First he considers moments in history - Periclean Athens, the English Civil War, the American and French Revolutions, among them - in which the challenges we face today were first encountered and what solutions, however imperfect, were found. Then he lays bare the specific problems of democracy in the 21st century and maps out a set of urgently needed reforms. With the advent of authoritarian leaders and the simultaneous rise of populism, representative democracy appears to be caught between a rock and a hard place, yet it is this space that it must occupy, says Grayling, if a civilised society that looks after all its people is to flourish.

The greatest obstacle to sound economic policy is not entrenched special interests or rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases held by ordinary voters. This is economist Bryan Caplan's sobering assessment in this provocative and eye-opening book.

Capitalism v. Democracy offers the key to understanding why corporations are now citizens, money is political speech, limits on corporate spending are a form of censorship, democracy is a free market, and political equality and democratic integrity are unconstitutional constraints on money in politics. Supreme Court opinions have dictated these conditions in the name of the Constitution, as though the Constitution itself required the privatization of democracy.