Mordecai Kurz considers how to restore the underpinnings of democratic legitimacy without killing the incentive to innovate.
en English
Quarterly
May 19, 2026
Mordecai Kurz
Far from two sides of the same coin, free-market capitalism and democracy are fundamentally incompatible. The only way to restore US democracy is to transform the system, so that it compensates innovators but limits their market power, while ensuring that the benefits of economic progress are more equitably shared.
‘Capitalism has to become more humane’: a Stanford economist on big tech, power hoarding and democracy
Restoring American democracy won’t be easy. At least we know what won’t work
Commentary: The Tech Elites and the Quiet Revolution of Power
Can Progressivism Be Overthrown?
Can American democracy survive the Internet age? - UPI.com
Mordecai Kurz argues tech oligarchs erode democracy through monopolies – and predicts how the trend may end
In an era of polarized debates, two influential recent Washington Post articles shed light on America’s economic and social…
COLUMN. By analyzing the evolution of capitalism in the US since the 1960s, economist Patrick Artus argues that redistributive…
But America’s past economic success is no guarantee of its future, writes Joseph Stiglitz
Trump is steering the U.S. model of capitalism closer to the Chinese one, swapping innovation and competition for state control…
Does democracy work? What can cause it to fail? And why do people who support democracy so often hesitate to offer a defense when…
