Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.
Democratic capitalism is in crisis. But if we are looking to salvage liberalism’s ideals, we should look to the course set by postwar Germany. It offers powerful lessons for the…
The Editors’ introduction to the Journal of Democracy‘s special issue marking the fiftieth anniversary of Capitalism, Socialism and Democracy by Joseph Schumpeter.
