The Editors’ introduction to the Journal of Democracy’s special issue marking the fiftieth anniversary of Capitalism, Socialism and Democracy by Joseph Schumpeter.
President Vladimir Putin's lopsided election victory was assisted by an unlevel electoral playing field, but elections still matter in Russia and they will make more difficult the consolidation of authoritarianism.
Read the full essay here. The regime in Moscow mixes key features of a capitalist economy with a political system wherein power is monopolized by a close-knit professional and age…