How Late-Stage Neoliberal Capitalism is Breaking Democracy

How Late-Stage Neoliberal Capitalism is Breaking Democracy

For a long time many (although by no means all) scholars saw the relationship between capitalism and democracy as mutually reinforcing: economic competition and growth were expected to sustain democratic competition and improve governance and public good delivery for citizens, in turn creating a better environment for capitalist competition to flourish. But as capitalism has changed and has in many respects freed itself from the constraints of the state and of democratic processes, it has unleashed a new era of extreme wealth accumulation, deregulated markets, weak states, unresponsive political elites, and choiceless democracies. In this episode, CEDAR host Licia Cianetti talks to Rachel Riedl about her recent essay on “Neoliberalism and the Third Wave” to better understand why and how this happened and what we can do about it. This episode is part of PPP’s ongoing collaboration with the Journal of Democracy. Rachel Beatty Riedl is Professor of public policy and government at Cornell University and the Peggy J. Koenig '78 Director of the Brooks Center on Global Democracy. Her latest co-edited book is entitled Global Challenges to Democracy: Comparative Perspectives on Backsliding, Autocracy, and Resilience (CUP 2025). Licia Cianetti is Lecturer in Political Science and International Studies at the University of Birmingham and Deputy Founding Director of CEDAR. Her latest publication is “What is a “regime”? Three definitions and their implications for the future of regime studies” (Democratization, 2025). The People, Power, Politics podcast brings you the latest insights into the factors that are shaping and re-shaping our political world. It is brought to you by the Centre for Elections, Democracy, Accountability and Representation (CEDAR) based at the University of Birmingham, United Kingdom. Join us to better understand the factors that promote and undermine democratic government around the world. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science

Episoder(1000)

Lauren M. MacLean, "Negotiating Power and Inequality in Ghana: Electricity and Citizenship as Reciprocity (Indiana UP, 2026)

Lauren M. MacLean, "Negotiating Power and Inequality in Ghana: Electricity and Citizenship as Reciprocity (Indiana UP, 2026)

In Ghana, much as in other parts of the Global South, postcolonial leaders aimed for industrial growth through the establishment of affordable hydroelectric power. However, in the current rapidly chan...

15 Mar 1h 20min

Pepper Culpepper and Taeku Lee, "Billionaire Backlash: The Age of Corporate Scandal and How it Could Save Democracy" (Bloomsbury, 2026) 

Pepper Culpepper and Taeku Lee, "Billionaire Backlash: The Age of Corporate Scandal and How it Could Save Democracy" (Bloomsbury, 2026) 

Giant companies, launch rockets into space, control satellite communication and develop era-defining AI technologies. But they are also seen as promoting misinformation, undermining democracy and viol...

14 Mar 1h 7min

Suzanne Mettler and Trevor E. Brown, "Rural Versus Urban: The Growing Divide That Threatens Democracy" (Princeton UP, 2025)

Suzanne Mettler and Trevor E. Brown, "Rural Versus Urban: The Growing Divide That Threatens Democracy" (Princeton UP, 2025)

How the urban-rural divide drives partisan polarization Why have Americans living in different places come to experience politics as a battle between “us” and “them”? In Rural Versus Urban: The Growin...

14 Mar 40min

Wendy Brown, "States of Injury: Power and Freedom in Late Modernity" (Princeton UP, 2025)

Wendy Brown, "States of Injury: Power and Freedom in Late Modernity" (Princeton UP, 2025)

A sympathetic critique that attempts to free Left politics from its own snares, States of Injury: Power and Freedom in Late Modernity (Princeton University Press, 2025) explores how woundedness became...

12 Mar 41min

Katelyn E. Stauffer, "The Politics of Perception: How Beliefs About Women’s Inclusion Shape Democratic Legitimacy in the U.S." (Oxford UP, 2025)

Katelyn E. Stauffer, "The Politics of Perception: How Beliefs About Women’s Inclusion Shape Democratic Legitimacy in the U.S." (Oxford UP, 2025)

Katelyn Stauffer, Associate Professor of Political Science at the University of Georgia, has an excellent new book focusing on how voters and citizens perceive the legitimacy and functionality of poli...

12 Mar 35min

Sari Hanafi, "Against Symbolic Liberalism: A Plea for Dialogical Sociology" (Liverpool UP, 2025)

Sari Hanafi, "Against Symbolic Liberalism: A Plea for Dialogical Sociology" (Liverpool UP, 2025)

In an era of deepening polarization, Sari Hanafi examines how social scientists often reproduce the very injustices they seek to challenge, taking entrenched positions while dismissing alternative per...

11 Mar 50min

Populism, Polarization and Politics: Hungary on the Eve of Elections

Populism, Polarization and Politics: Hungary on the Eve of Elections

How and why do leaders like Hungary’s Viktor Orban not only come to power, but remain in power for so long (in Orban’s case 16 years)? And why does the impending election provide a serious challenge t...

10 Mar 1h 8min

Stuck: How Money, Media and Violence Prevent Change in Congress

Stuck: How Money, Media and Violence Prevent Change in Congress

Fifty years of changemaking and reform haven't fixed Congress—what does that reveal about American democracy? In Stuck: How Money, Media and Violence Prevent Change in Congress, Maya Kornberg chronicl...

10 Mar 54min

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