Economy and democracy

Economy and Democracy

The global political retreat from liberal democracy and the rise of authoritarianism is well documented, but the economic causes and consequences of this “backsliding” have received much less attention. This project will concentrate on the economics of the recent wave of anti-democratic regimes. Analyzing the economic causes and especially the economic consequences of the authoritarian turn will help us understand the sustainability of this illiberal shift. This in turn will allow a serious exploration of alternative economic policy frameworks to strengthen democracies by helping them deliver a more prosperous and equitable economy.

COMBATING AUTHORITARIANISM USING ECONOMICS

Speakers

First convening

second convening

publications

Report from March 2024 Convening “Beyond Neoliberalism and Neo-illiberalism.”

The papers from this convening, as well as a paper by Prabhat Patnaik and a paper by Mariana Mazzucato, will be published in Social Research as the Fall 2024 issue. The contents of this issue are as follows:

 Pisano, Jessica “The Evolution of Illiberalism: Necropolitical Economies and a Democratic Antidote” 

Finchelstein, Federico “Is There a Link between Authoritarian Politics and Free Market Economics? Notes on Fascism, Populism and Economics.”

Setterfield, Mark “Managing the Discontent of the Losers Redux: A Future of Authoritarian Neoliberalism or Social Capitalism?”

 Ghilarducci, Teresa; Tursini, Ludovica “The Downward Mobility of American Middle-Class Workers Shifts Voters to the Right”

Kundnani, Hans; Milberg, William “Can Democracy Be Saved by Economic Policy? The Burden of Bidenomics”

McGahey, Richard “Right-Wing Industrial Policy and Authoritarian Populism”

Guzman, MartinHoras, YanneWiedenbrug, Anahi; Colodenco, Maia “An Exploration of the Relationship between Sovereign Debt and Politics”

Frazier, Mark “China’s Neoliberal Authoritarian Social Policy”

Milberg, William; Liess, Thomas; Tedesco, Michael “Globalization after De-Globalization”

 

Report from November 2023 Convening “Beyond Neoliberalism and Neo-illiberalism”

The full set of papers presented at the April 2023 convening at The New School will be published as a Spring 2024 special issue of The New: Academic Visions for the Public, sponsored by The New Institute in Hamburg, Germany.  Guest editors of the issue will be William Milberg and Thomas Liess. The contents are as follows:

William Milberg, “Introduction”

Dani Rodrik, “After Neoliberalism”

Jessica Pisano, “Illiberal Political Economics after Neoliberalism”

Darrick Hamilton, “Pursuing A Human Rights Economy”

Joseph Stiglitz, “Markets and Democracy”

Rosana Pinheiro- Machado, “Why and How Precarious Workers Support Neo-liberalism”

“Thiemo Fetzer,” Austerity– On Why, What, and How– Lessons from the UK’s Failed Experiment”

David Autor, “The Enduring Social and Economic Consequences of the China Trade Shock”

M. Schularick, C. Trebesch, and M. Funke, “Populist Leadership and Economic Decline”

Ayca Zayim, “The Politics and Limits of Monetary Policy Under Growing Authoritarianism: The Case of Turkey”

Janine Berg and Ludovica Tursini, “The Labour and Social Policies of Neo-Authoritarian Populist Governments: A comparitive analysis of Hungary, Poland, and Türkiye”

Sheba Tejani, “Corporate Majoritarianism: The Case of India”

William Milberg, “Conclusion” 

 

 

News and events>>>

First Convening

Second convening

contact

Will Milberg at milbergw@newschool.edu