The Dominance of Money in Capitalist Societies

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Being rich doesn't just buy you a nicer watch or a greater number of Rolexes. It also buys you better health care, better access to education and opportunities for your children. In democratic societies, there are ways to resist the tendency toward upper-class nepotism in our government.

Michael Walzer is an eminent political philosopher and the author of numerous books, including Just and Unjust Wars and Spheres of Justice. He is professor emeritus at the Institute of Advanced Study, has taught at Harvard University, and is editor emeritus of the magazine Dissent.

In this week’s conversation, Yascha Mounk and Michael Walzer discuss why, though he is a democratic socialist, he believes that there are certain acceptable forms of inequality; what forms of injustice true egalitarians should focus on fighting; and the threats to liberalism from the post-liberal right and the illiberal left.

This transcript has been condensed and lightly edited for clarity.

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