Democracy is in trouble. Recent survey data paints a sobering picture: Fifty-five percent of Americans say that their democracy is “weak,” and 68% fear it is getting weaker. Roughly half agree that America is in “real danger of becoming a nondemocratic, authoritarian country.” Further, many believe the system is rigged: Some 70% of Americans say that “Our political system seems to only be working for the insiders with money and power.” This is not just a U.S. phenomenon: Dissatisfaction with democracy has increased worldwide, with only 45% of people reporting that they are “satisfied with the way democracy is working in their country.”
The Business Case for Saving Democracy
Why free markets need free politics
March 10, 2020
· Long read
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RH Rebecca Henderson is the John and Natty McArthur University Professor at Harvard University, where she has a joint appointment at Harvard Business School in the general management and strategy units, and the author of the book, Reimagining Capitalism in a World on Fire.
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