The Editors’ introduction to the Journal of Democracy’s special issue marking the fiftieth anniversary of Capitalism, Socialism and Democracy by Joseph Schumpeter.
Liberty and self-government are not only good in themselves, but also have powerful and beneficial effects on a nation’s level of economic development and prosperity.
Not so long ago, the internet was being lauded as a force for greater freedom and democracy. With the rise of intrusive and addictive social media, however, a discomfiting reality has set…