Democratic Capitalism at the Crossroads

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By Carles Boix

Published March 6, 2019

Worldwide support for democratic populism has consistently increased over the past 150 years, but it seems like it could be at its peak now, as inequality remains a consistent problem. Democratic Capitalism at the Crossroads (Princeton University Press) looks at the development of democratic capitalism throughout history to analyze its core tenets, then looks forward to see how it can best be adapted to reign in capitalism’s excesses while maintaining democracy.

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PAW's July/August 2025 issue cover, featuring a photo of people dressed in orange and black, marching in the P-rade, and the headline: Reunions, Back in Orange & Black.
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On the cover: Wilton Virgo ’00 and his classmates celebrate during the P-rade.