The Chronic Crisis of American Democracy
The Chronic Crisis of American Democracy

Author: Benjamin Studebaker

Publisher: Springer Nature

Published: 2023-03-17

Total Pages: 211

ISBN-13: 3031282108

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This book argues that American democracy is in crisis. The economic system is slowly subjecting Americans of nearly all income levels and backgrounds to enormous amounts of stress. The United States lacks the state capacity required to alleviate this stress, and politicians increasingly find that if they promise to solve economic problems, they are likely to disappoint voters. Instead, they encourage voters to blame each other. The crisis cannot be solved, the economy cannot be set right, and democracy cannot be saved. But American democracy cannot be killed, either. Americans can’t imagine any compelling alternative political systems. And so, American democracy continues on, in a deeply unsatisfying way. Americans invent ever-more elaborate coping mechanisms in a desperate bid to go on. But it becomes increasingly clear that the way is shut. The American political system was made by those who are dead, and the dead keep it.

Hopelessly Divided
Hopelessly Divided

Author: Douglas E. Schoen

Publisher: Rowman & Littlefield

Published: 2012

Total Pages: 295

ISBN-13: 1442215232

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Analyzes the widening gap between politicians, including lobbyists and consultants, and the American mainstream, and discusses the rise in populist movements that threatens to drive the two-party system to its collapse.

Overripe Economy
Overripe Economy

Author: Alan Nasser

Publisher: Pluto Press (UK)

Published: 2018

Total Pages: 0

ISBN-13: 9780745337937

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Overripe Economy is a genealogy of a finance-ridden, authoritarian, austerity-plagued American capitalism, from industrialization to the present. This panoramic political-economic history of the country surveys the ruthlessly competitive capitalism of the nineteenth century, the maturation of industrial capitalism in the 1920s, the rise and fall of capitalism's Golden Age and the ensuing decline towards the modern era. Alan Nasser shows why the persistent austerity of financialized neoliberal capitalism is the natural outcome of mature capitalism's evolution, revealing the key structural and political vulnerabilities of capitalism itself and pointing towards the kind of system that can transcend it. At the center of this argument is capitalism's ultimatum: either a "new normal" of persistent austerity, declining democracy and a privatized state, or a new system characterized by an economic democracy that ensures higher wages and a shorter working week for all--back cover.

Freedom in the World 2018
Freedom in the World 2018

Author: Freedom House

Publisher: Rowman & Littlefield

Published: 2019-01-31

Total Pages: 1265

ISBN-13: 1538112035

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Freedom in the World, the Freedom House flagship survey whose findings have been published annually since 1972, is the standard-setting comparative assessment of global political rights and civil liberties. The survey ratings and narrative reports on 195 countries and fifteen territories are used by policymakers, the media, international corporations, civic activists, and human rights defenders to monitor trends in democracy and track improvements and setbacks in freedom worldwide. The Freedom in the World political rights and civil liberties ratings are determined through a multi-layered process of research and evaluation by a team of regional analysts and eminent scholars. The analysts used a broad range of sources of information, including foreign and domestic news reports, academic studies, nongovernmental organizations, think tanks, individual professional contacts, and visits to the region, in conducting their research. The methodology of the survey is derived in large measure from the Universal Declaration of Human Rights, and these standards are applied to all countries and territories, irrespective of geographical location, ethnic or religious composition, or level of economic development.

Civic Power
Civic Power

Author: K.Sabeel Rahman

Publisher: Cambridge University Press

Published: 2019-08-29

Total Pages: 291

ISBN-13: 1108386601

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What will it take to restore American democracy and rescue it from this moment of crisis? Civic Power argues that the current threat to US democracy is rooted not just in the outcome of the 2016 election, but in deeper, systemic forms of inequality that concentrate economic and political power in the hands of the few at the expense of the many. Drawing on historical and social science research and case studies of contemporary democratic innovations across the country, Civic Power calls for a broader approach to democracy reform focused on meaningfully redistributing power to citizens. It advocates for both reviving grassroots civil society and novel approaches to governance, policymaking, civic technology, and institutional design - aimed at dismantling structural disparities to build a more inclusive, empowered, bottom-up democracy, where communities and people have greater voice, power, and agency.

Lost Decades: The Making of America's Debt Crisis and the Long Recovery
Lost Decades: The Making of America's Debt Crisis and the Long Recovery

Author: Menzie D. Chinn

Publisher: W. W. Norton & Company

Published: 2011-09-19

Total Pages: 259

ISBN-13: 0393080501

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A clear, authoritative guide to the crisis of 2008, its continuing repercussions, and the needed reforms ahead. The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s. Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration’s policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.

Last Best Hope
Last Best Hope

Author: George Packer

Publisher: Farrar, Straus and Giroux

Published: 2021-06-15

Total Pages: 240

ISBN-13: 0374603677

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One of The New York Times's 100 notable books of 2021 "[George Packer's] account of America’s decline into destructive tribalism is always illuminating and often dazzling." —William Galston, The Washington Post Acclaimed National Book Award-winning author George Packer diagnoses America’s descent into a failed state, and envisions a path toward overcoming our injustices, paralyses, and divides In the year 2020, Americans suffered one rude blow after another to their health, livelihoods, and collective self-esteem. A ruthless pandemic, an inept and malign government response, polarizing protests, and an election marred by conspiracy theories left many citizens in despair about their country and its democratic experiment. With pitiless precision, the year exposed the nation’s underlying conditions—discredited elites, weakened institutions, blatant inequalities—and how difficult they are to remedy. In Last Best Hope, George Packer traces the shocks back to their sources. He explores the four narratives that now dominate American life: Free America, which imagines a nation of separate individuals and serves the interests of corporations and the wealthy; Smart America, the world view of Silicon Valley and the professional elite; Real America, the white Christian nationalism of the heartland; and Just America, which sees citizens as members of identity groups that inflict or suffer oppression. In lively and biting prose, Packer shows that none of these narratives can sustain a democracy. To point a more hopeful way forward, he looks for a common American identity and finds it in the passion for equality—the “hidden code”—that Americans of diverse persuasions have held for centuries. Today, we are challenged again to fight for equality and renew what Alexis de Tocqueville called “the art” of self-government. In its strong voice and trenchant analysis, Last Best Hope is an essential contribution to the literature of national renewal.

Breaking the Two-party Doom Loop
Breaking the Two-party Doom Loop

Author: Lee Drutman

Publisher: Oxford University Press, USA

Published: 2020

Total Pages: 369

ISBN-13: 0190913851

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American democracy is in deep crisis. But what do we do about it? That depends on how we understand the current threat.In Breaking the Two-Party Doom Loop, Lee Drutman argues that we now have, for the first time in American history, a genuine two-party system, with two fully-sorted, truly national parties, divided over the character of the nation. And it's a disaster. It's a party system fundamentally at odds withour anti-majoritarian, compromise-oriented governing institutions. It threatens the very foundations of fairness and shared values on which our democracy depends.Deftly weaving together history, democratic theory, and cutting-edge political science research, Drutman tells the story of how American politics became so toxic and why the country is now trapped in a doom loop of escalating two-party warfare from which there is only one escape: increase the numberof parties through electoral reform. As he shows, American politics was once stable because the two parties held within them multiple factions, which made it possible to assemble flexible majorities and kept the climate of political combat from overheating. But as conservative Southern Democrats andliberal Northeastern Republicans disappeared, partisan conflict flattened and pulled apart. Once the parties became fully nationalized - a long-germinating process that culminated in 2010 - toxic partisanship took over completely. With the two parties divided over competing visions of nationalidentity, Democrats and Republicans no longer see each other as opponents, but as enemies. And the more the conflict escalates, the shakier our democracy feels.Breaking the Two-Party Doom Loop makes a compelling case for large scale electoral reform - importantly, reform not requiring a constitutional amendment - that would give America more parties, making American democracy more representative, more responsive, and ultimately more stable.

Fragile by Design
Fragile by Design

Author: Charles W. Calomiris

Publisher: Princeton University Press

Published: 2015-08-04

Total Pages: 584

ISBN-13: 0691168350

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Why stable banking systems are so rare Why are banking systems unstable in so many countries—but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design demonstrates that chronic banking crises and scarce credit are not accidents. Calomiris and Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why they endure, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues. Fragile by Design is a revealing exploration of the ways that politics inevitably intrudes into bank regulation.