Capitalisn't

How Big Money Changed The Democratic Game, with Daniel Ziblatt

41 snips
Jan 2, 2025
In this fascinating discussion, Daniel Ziblatt, a Harvard political scientist and co-author of bestselling books like *How Democracies Die*, examines how big money disrupts democratic processes. He highlights the alarming rise of corporate influence and its role in pushing voters toward extremes, undermining civil liberties and economic growth. Ziblatt questions whether democracy can truly thrive when undemocratic leaders are elected. He offers insights on how to realign governmental interests back to serving the people and confronting the decline of democracy globally.
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INSIGHT

Pillars of Democracy

  • Modern democracy rests on free and fair competition, inclusive participation, and civil liberties.
  • These ensure meaningful political engagement and protect against authoritarianism.
INSIGHT

True Competition

  • Genuine political competition exists when incumbents feel uncertain about re-election.
  • Concentrations of economic power, like Russia's oligarchs under Yeltsin, can undermine this competition.
INSIGHT

Democratic Parties

  • A democratic political party must accept election results, reject violence, and avoid ties to violent groups.
  • Using these criteria, the Democratic Party is currently more democratic than the Republican Party.
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