Democracy Theory

Behind every financial crisis lurks a "political bubble" - policy biases that foster market behaviors leading to financial instability. Rather than tilting against risky behavior, political bubbles - arising from a potent combination of beliefs, institutions, and interests - aid, abet, and amplify risk.

The United States of America has been the most powerful country in the world for more than 70 years, but recently the US National Security Strategy declared that the return of great power competition with Russia and China is the greatest threat to US national security. Further, many analysts predict that America's autocratic rivals will have at least some success in disrupting - and, in the longer term, possibly even displacing - US global leadership. Brilliant and engagingly written, The Return of Great Power Rivalry argues that this conventional wisdom is wrong.

American democracy is at an impasse. After years of zero-sum partisan trench warfare, our political institutions are deteriorating. Our norms are collapsing. Democrats and Republicans no longer merely argue; they cut off contact with each other. In short, the two-party system is breaking our democracy, and driving us all crazy.

Americans live in a liberal democracy. Yet, although democracy is widely touted today, liberalism is scorned by both the right and the left. The United States stands poised between its liberal democratic tradition and the illiberal alternatives of liberalism's critics. John McGowan argues that Americans should think twice before jettisoning the liberalism that guided American politics from James Madison to the New Deal and the Great Society.

Political races in the United States rely heavily on highly paid political consultants who carefully curate the images of politicians, advise candidates on polling and analytics, and shape voters' perceptions through marketing and advertising techniques. More than half of the $6 billion spent in the 2012 election went to consultants who controlled virtually every aspect of the campaigns, from polling, fundraising, and media to more novel techniques of social media and micro-targeting.

The United States has become an almost unrecognizable country—with millions in thrall to conspiracy theories, toxic populism, and the far right edging closer to total power—a dire threat to civil society and democratic institutions. While the MAGA movement was in remission due to Donald Trump's defeat in 2020, the fascist fringes have not just survived but have continued to thrive and burrow into the mainstream. The January 6th Capitol Riot prosecutions have done little to curb their enthusiasm for mayhem. Trump's base in the Republican Party is committed to their candidate like never before.

La crisis económica ha acelerado el ritmo de los cambios políticos en todo el mundo: mayor imprevisibilidad electoral, regresiones autoritarias, surgimiento de nuevos partidos, dificultades para formar gobierno o aumento de las tensiones territoriales, todas ellas cuestiones al orden del día. Esta aceleración ha hecho que cada vez haya ganado más espacio en el debate público una figura hasta ahora ignorada: el politólogo.

Control of the country is up for grabs - and Republicans have been rigging the game in their favor. Twenty-two states have passed restrictions on voting. Ruthless gerrymandering has given the GOP a long-term grip on Congress. Meanwhile, the Supreme Court has eviscerated campaign finance laws, boosting candidates backed by big money. It would be worrying enough if these were just schemes for partisan advantage. But the reality is even more disturbing.

The chaotic events leading up to Mitt Romney's defeat in the 2012 election indicated how far the Republican Party had rocketed rightward away from the center of public opinion. Republicans in Congress threatened to shut down the government and force a U.S. debt default. Tea Party activists mounted primary challenges against Republican officeholders who appeared to exhibit too much pragmatism or independence. Moderation and compromise were dirty words in the Republican presidential debates. The GOP, it seemed, had suddenly become a party of ideological purity. Except this development is not new at all.

Down for the Count explores the tawdry history of elections in the United States - a chronicle of votes bought, stolen, suppressed, lost, miscounted, thrown into rivers, and litigated up to the US Supreme Court - and uses it to explain why we are now experiencing the biggest backslide in voting rights in more than a century. This thoroughly revised edition, first published to acclaim and some controversy in 2005 as Steal This Vote, reveals why America is unique among established Western democracies in its inability to run clean, transparent elections.

Figura central de la transición a la democracia en nuestro país y dirigente de la izquierda mexicana, Cuauhtémoc Cárdenas, en este nuevo libro, hace una revisión histórica y crítica del proceso revolucionario iniciado en 1910.

The 20th century witnessed the triumph of democratic capitalism in the industrialized West, with widespread popular support for both free markets and representative elections. Today, that political consensus appears to be breaking down, disrupted by polarization and income inequality, widespread dissatisfaction with democratic institutions, and insurgent populism. Tracing the history of democratic capitalism over the past two centuries, Carles Boix explains how we got here - and where we could be headed.

America's political leaders have considered suffrage not a natural right but a privilege restricted by wealth, sex, race, residence, literacy, criminal conviction, and citizenship. Today, voter identification laws, political gerrymandering, registration requirements, felon disenfranchisement, and voter purges deny many millions of citizens the opportunity to express their views at the ballot box. We cannot blame the founders alone for America's embattled vote. Best-selling author Allan Lichtman notes that subsequent generations have failed to establish suffrage as a universal right.

Channeling his 20 years of experience on the issue, Daniel Miller takes the listener through the historical and cultural foundations of Texit, as well as its impact on mainstream politics, and plainly lays out the grievances expressed by many Texans that drive their support for an independent Texas. Texit also addresses the most common objections by using facts and sheds light on what a future Republic of Texas could look like.

Contrary to what is commonly believed, authoritarian leaders who agree to hold elections are generally able to remain in power longer than autocrats who refuse to allow the populace to vote. In this engaging and provocative audiobook, authors Nic Cheeseman and Brian Klaas expose the limitations of national elections as a means of promoting democratization and reveal the six essential strategies that dictators use to undermine the electoral process in order to guarantee victory for themselves.

Identity Crisis takes listeners from the bruising primaries to an election night whose outcome defied the predictions of the pollsters and pundits. The book shows how fundamental characteristics of the nation and its politics - the state of the economy, the Obama presidency, and the demographics of the political parties - combined with the candidates' personalities and rhetoric to produce one of the most unexpected presidencies in history.

People on the right are furious. People on the left are livid. And the center isn't holding. There is only one thing on which almost everyone agrees: there is something very wrong in Washington. The country is being run by pollsters. Few politicians are able to win the voters' trust. Blame abounds and personal responsibility is nowhere to be found. There is a cynicism in Washington that appalls those in every state, red or blue.

During the last two decades, there has been much scholarly and popular interest in the financialization of the American economy-why the turn to finance has taken place, what constituted it, and what has come out of it. In Disembedded, Basak Kus draws from the theories of Karl Polanyi-one of the greatest and most influential political economists of the twentieth century-to answer these questions.

In An Uncivil War, Washington Post journalist Greg Sargent vividly lifts the curtain on the nightmare dynamic that is transforming American politics into little more than a naked power struggle. Yet An Uncivil War is not only a thorough dissection of an ultimately immoral system, but a handbook for turning that around by restoring authentic democracy. Given the incredibly high stakes in 2018 and 2020, Sargent’s book could not be more essential.

Truth Has a Power of Its Own is an engrossing collection of never-before-published conversations with Howard Zinn, conducted by the distinguished broadcast journalist Ray Suarez in 2007, that covers the course of American history from Columbus to the War on Terror from the perspective of ordinary people - including slaves, workers, immigrants, women, and Native Americans.