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Is Capitalism the Problem? Or the Solution?

A free market can foster pluralism and insulate civilians from authoritarian coercion. But money used the wrong way has enormous potential for destruction. The Journal of Democracy essays below, free for a limited time, explore the complex relationship between capitalism and democracy.

Is Bitcoin Good for Democracy?

Bitcoin is an indispensable tool for political dissidents in the most repressive environments, argue Alex Gladstein and Félix Maradiaga in two recent Journal of Democracy online exclusives. When dictators weaponize the financial system and obstruct all avenues of dissent, digital currency helps activists keep their operations running.

South Korea’s Political Chaos

In December 2024, South Korean president Yoon Suk Yeol declared martial law, shocking the world and plunging the country into political turmoil. As Joan Cho and Aram Hur argue in the new issue of the Journal of Democracy, the political chaos has revealed deep-seated divisions within South Korean society and politics.

Is Latin America Stuck in the Middle?

Latin American voters are aggrieved, impatient, and eager to elect candidates who offer a break with the past—sometimes whatever that break may be. This factor, combined with high crime and middling economic growth, has led to wild swings and shrinking political rights. But can the region get itself unstuck?

When Democracy Is on the Ballot

This year of elections, just over halfway through, has been nothing short of dramatic, with shocks, upsets, protests, and political violence — most notably, the attempted assassination of Donald Trump last weekend. Democracy is being tested as increasingly polarized voters head to the polls. Will it succumb to division and distrust, or will it withstand its present trials?

New Podcasts with JoD Authors!

The Journal of Democracy has partnered with the Review of Democracy and People, Power, Politics podcasts to share in-depth conversations with JoD authors on their latest essays. Listen, read, and learn!

Letter from Burundi

Deo Pondu Maheshe, director of the Centre d'Etudes et d'Encadrement pour la Participation au Developpement Endogene, comments on David Peterson's essay, "Burundi's Transition: A Beacon for Central Africa," which appeared in the January 2006 issue of the Journal of Democracy.

January 30, 2006

Political Parties and Democracy

Political parties are one of the core institutions of democracy. But in democracies around the world, there is growing evidence of low or declining public confidence in parties. But are they in decline, or are they simply changing their forms and functions?