logo
episode-header-image
Jan 2025
49m 56s

How Big Money Changed The Democratic Gam...

UNIVERSITY OF CHICAGO PODCAST NETWORK
About this episode

Daniel Ziblatt is an American political scientist, Eaton Professor of the Science of Government at Harvard University, and the co-author (with Steven Levitsky) of several bestselling books, including How Democracies Die and Tyranny of the Minority. Ziblatt writes from the position that what defines strong democracies is free and fair competition for power, inclusive participation, and a package of civil liberties that make those first two conditions possible.

2024 saw voters in more than 60 countries go to the polls—and deliver difficult outcomes for incumbents and traditional political parties. This week, Ziblatt joins Bethany and Luigi to discuss the fate of democracy after 2024. They explore how big money and corporate power have destabilized democracies worldwide by interfering with the conditions for free and fair competition for power. The consequence has been the movement of voters toward political extremes, which in turn can often threaten economic growth, civil liberties, and the rule of law. Nevertheless, should we judge the strength of democracy by process or outcome? Does democracy still thrive when the people vote for undemocratic politicians and parties?

Together, Ziblatt and our co-hosts discuss how to curb global democratic decline by realigning government away from the interests of corporations or big money and back to those of the people.

Episode Notes:

Revisit ProMarket’s series seeking to understand the issues of political economy driving global populist movements during the 2024 “year of elections.”

Up next
Oct 2
Why Capitalism Stopped Working In Japan, with Takeo Hoshi
The Japanese economy was once the envy of the world. By the 1980s, it looked set to surpass the United States in size. Real estate prices were high, the stock market was booming—the entire world was asking if Japan had found a superior model of economic growth and recovery after ... Show More
47m 55s
Sep 18
How Profit and Politics Hijacked Scientific Inquiry, with John Ioannidis
Why does a podcast about capitalism want to talk about science?Modern capitalism and science have evolved together since the Enlightenment. Advances in ship building and navigation enabled the Age of Discovery, which opened up new trade routes and markets to European merchants. T ... Show More
48m 10s
Sep 4
Will Privatizing The Mortgage Giants Solve The Housing Crisis?
This week, the Trump administration announced it would sell around 5% of mortgage giants and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The sale would begin to reintroduce the two firms to private markets after 17 years of government conservatorship. The ... Show More
44m 58s
Recommended Episodes
Apr 2025
Adam J. Berinsky, "Political Rumors: Why We Accept Misinformation and How to Fight It" (Princeton UP, 2023)
Political rumors and misinformation pollute the political landscape. This is not a recent phenomenon; before the currently rampant and unfounded rumors about a stolen election and vote-rigging, there were other rumors that continued to spread even after they were thoroughly debun ... Show More
44m 47s
Sep 2024
R&D Renaissance with Kumar Garg
To discuss America’s comparative advantages in national competition and the structural forces that drive (and limit) innovation, ChinaTalk interviewed Kumar Garg. Formerly an Obama official in the Office of Science and Technology Policy, Kumar spent several years at Schmidt Futur ... Show More
1h 15m
Jul 2021
David Stasavage on Early Democracy and its Decline
This was not a phenomenon to one specific region. This was nothing that got invented in one place and at one time. It seems to have emerged independently in a wide, wide variety of human societies at different points in time. And to me, that sounds like something that occurs natu ... Show More
46m 47s
May 2022
#96 Emma Briant on Computational Propaganda and Public Trust
The Cognitive Crucible is a forum that presents different perspectives and emerging thought leadership related to the information environment. The opinions expressed by guests are their own, and do not necessarily reflect the views of or endorsement by the Information Professiona ... Show More
51m 2s
Jul 2023
Juliet Schor, "After the Gig: How the Sharing Economy Got Hijacked and How to Win It Back" (U California Press, 2021)
When the "sharing economy" launched a decade ago, proponents claimed that it would transform the experience of work--giving earners flexibility, autonomy, and a decent income. It was touted as a cure for social isolation and rampant ecological degradation. But this novel form of ... Show More
57m 34s
Feb 2024
Why Critical Thinking is Dead - Peter Boghossian
Peter Boghossian is an American philosopher. For ten years he was a professor of philosophy at Portland State University, but resigned following the college’s response to ‘the grievance studies affair’. This entailed Boghossian - alongside James Lindsay and Helen Pluckrose - subm ... Show More
1h 12m
May 2025
What is environmental authoritarianism and why we should be mindful of its allure
The argument that authoritarian governments are better at dealing with the climate emergency is gaining ground, fuelled by the idea that undemocratic states face fewer constraints and so can operate more efficiently and effectively. Some are even arguing that this isn’t just a ne ... Show More
37m 21s
Aug 24
Nick Spencer, "The Landscapes of Science and Religion: What Are We Disagreeing About?" (Oxford UP, 2025)
The relationship between science and religion has long been a heated debate and is becoming an ever more popular topic. The scientific capacity to manipulate and change humans and their environment through genetic engineering, life extension, and AI is going to take a huge leap f ... Show More
38m 48s
Mar 2025
526. Trump, Musk, Kennedy: the Dawn of Transparency | Michael Shellenberger
Jordan Peterson sits down with journalist, bestselling author, and founder of Public.News, Michael Shellenberger. They discuss the key moments that ushered in rapid transparency for the U.S., from the Twitter Files to Donald Trump taking the white house. They also explore how new ... Show More
1h 25m
Feb 2025
American Higher Education Under the Second Trump Administration
In this episode of International Horizons, RBI Director John Torpey speaks with Steven Brint, Distinguished Professor of Sociology and Public Policy at UC Riverside, about the early days of the second Trump administration and its impact on higher education. Brint discusses the ad ... Show More
32m 24s