Can Democracy and Capitalism Be Reconciled?

Introduction, Sidney M. Milkis and Scott C. Miller
SECTION I The Nature of Democratic Capitalism
Capitalism and Democracy: Will They Survive?, Isabel Sawhill
1:Two Peas in a Pod: Democracy and Capitalism, Vincent Geloso and Alex Tabarrok
2:Political Parties and Democratic Capitalism, Didi Kuo
3:The Varying Fortunes of Democratic Capitalism, Carles Boix
SECTION II Environmental Degradation
Democratic Capitalism, Industrial Policy, and the Challenge of Climate Change, Michael James Lenox
4:Can Democratic Capitalism Protect the Climate?, Barry G. Rabe
5:Recruiting Capitalism for Environmental Protection, Shi-Ling Hsu
SECTION III Governance and Consolidation of Private Power
Can Democracy and Capitalism be Reconciled?, Kenneth G. Elzinga
6:The Problem of Market Power in Postwar America: Antitrust Law, Regulatory Discourse, and Changing Ideas of Market Power, Laura Phillips-Sawyer
7:Democracy, Capitalism, and Equality: The Importance of Impersonal Rules, Naomi Lamoreaux and John Joseph Wallis
SECTION IV Inequality and Opportunity
Can Capitalism Save Itself?: Capitalism's Looming Threats to Democracy and Practical Strategies to Step Back from the Brink, Christine Mahoney
8:Diversity, Pluralism and Tolerance: The Roots of Economic Prosperity?, Joel Mokyr
9:For-profit Colleges and the Tension between Capitalism and American Democracy, Deondra Rose
10:The Fourth Subsidiary Ideal: Empowering Economies, Danielle Allen
SECTION V Polarization
In Polanyi's Shadow: Race, Capitalism, and Democracy in Our Time, Robert C. Lieberman
11:From Leader to Laggard? American Democratic Capitalism in the Knowledge Economy, Jacob S. Hacker and Paul Pierson
12:How the Transformation of the American Political Economy Spurred a Rural-Urban Political Divide, Trevor E. Brown and Suzanne Mettler
13:Capitalism, Democracy, and the Rise of the New Right: A Shifting Landscape, William A. Galston
SECTION VI Frictions at the Intersection of Democracy and Capitalism: Popular will And "Sound Policy"
Institutions as Interstices: Frictions at the Intersection of Democracy and Capitalism, Jennifer Bair
14:Representative Government and Mercantilism in England, Dan Bogart and Kara Dimitruk
15:Freedom's Frictions: Entrepreneurial Imaginaries in the Making of American Capitalism and Democracy, Hannah Knox Tucker and R. Daniel Wadhwani
16:Financial Crises and the Coexistence of Democracy and Capitalism: The Case of the Panic of 1907, Robert F. Bruner
Conclusion: Can Democracy and Capitalism be Reconciled? Ten Conclusions in the Search for a Just Society, James A. Morone

Sidney M. Milkis is the White Burkett Miller Professor in the Department of Politics and a Senior Fellow at the Miller Center of Public Affairs, University of Virginia. He was awarded the Cavaliers' Distinguished Teaching Professorship for 2018-2020, the highest teaching award at the University of Virginia, which recognizes an eminent scholar for outstanding undergraduate teaching. In 2016-2017, he was named the John G. Winant Visiting Professor of American Government at Oxford University. His research focuses on the American presidency, political parties and elections, social movements, and American political development. He has published fifteen books, and his articles have appeared in Perspectives on Politics, Political Science Quarterly, Studies in American Political Development, PS: Political Science and Politics, the Journal of Policy History, Antitrust Law Journal, Presidential Studies Quarterly, Journal of Supreme Court History, American Political Thought, Social Science Quarterly, and several highly regarded edited volumes.

Scott C. Miller is Assistant Professor of Business Administration at the Darden School of Business and Director of the Project on Democracy and Capitalism at the University of Virginia. From 2019 to 2021, Miller held a postdoctoral fellowship in economic and business history at the Yale School of Management's International Center for Finance. As an economic historian, Miller examines the development of modern economic systems, particularly during periods of instability and volatility. He is the author or co-author of numerous scholarly papers on economic history, financial crises, and the interplay between societal and economic change. He also has written or co-written twenty case studies on financial crises and economic development.