Capitalism’s Democracy: Competition and Resilience in Twenty-First Century
In our latest episode of the special series produced in partnership with the Journal of Democracy, we discuss the recent article co-authored by Steven Levitsky, Semuhi Sinanoglu, and Lucan Way, entitled “Can Capitalism SaveDemocracy?” (Journal of Democracy, Vol. 36, No. 3, July 2025). We engage this provocative piece against the backdrop of recent shifts in industrialized countries, where the private sector has assumed an increasinglyprominent political role. Way and Sinanoglu contend that the private sector can empower democracies by fostering creative competition. They argue that capitalism…
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