Inequality And The Erosion of Democracy

Inequality And The Erosion of Democracy

Democracy has been under siege in many countries. A new study from the University of Chicago sheds light on a key factor behind this troubling trend: economic inequality. The findings suggest that even wealthy, long-established democracies can fall apart when inequality runs too high. The study explores why, in the early 21st century, dozens of nations have seen elected leaders undermine democratic norms. Globalization and deregulation—cornersto…