To keep democracy afloat and make sure it’s viable over a long period of time, you need to have a middle class.
Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth
Setup
Around the world, people who are angry at stagnant wages and growing inequality have rebelled against established governments and turned to political extremes. Liberal democracy, history's greatest engine of growth, now struggles to overcome unprecedented economic headwinds — from aging populations to scarce resources to unsustainable debt burdens. Democracies risk falling prey to nationalism and protectionism that are historically proven to deliver declining living standards. Internationally acclaimed economist Dambisa Moyo presents a radical blueprint for change that will galvanize growth and ensure the survival of democracy in the 21st century.
Explore More
Economy
History has made the term "socialism" vague and unproductive, according to linguistics professor John McWhorter. Should it be retired?
The divide between targeted values-based approaches and broad-based efforts remains a fascinating reflection of the tensions inherent in Trump-era women’s organizing.
Just how unevenly is “upward mobility” dispersed throughout the country?
Computer systems don’t anticipate all the types of people who might use them. What are the innocuous, and more problematic, consequences of this?
Valerie Jarrett shares advice on stepping out of your comfort zone, her favorite memories from inside the White House, and how we can empower women and working families.
What exactly is corporate purpose? How can it provide more viable and enduring success for business and communities? Bobbi Silten, managing director of the Shared Value Initia...
When endeavoring to stay informed about a 2020 campaign landscape that features dozens of candidates, it can be tempting to rely on political polling as a shortcut to news-gat...
