Capitalism and democracy were once seen as symbiotically related: a broadly market economy embedded within a liberal, representative demos. Now the partnership is in question, in part because of the perceived failure of democratic institutions to generate shared economic prosperity. So: what’s next? State capitalism? Socialism? A basic income? An expert panel discusses these issues, featuring:

  • Leslie McCall, presidential professor of sociology and political science and associate director of the Stone Center.
  • Vanessa Williamson, senior fellow at the Brookings Institution and author of Read My Lips: Why Americans Are Proud to Pay Taxes.
  • Andrew Yang, tech entrepreneur, philanthropist, and founder of Venture for America.
  • Richard Reeves, moderator and senior fellow at the Brookings Institution, author of Dream Hoarders, and curator of the The Guardian’sBroken Capitalism” series.



The event took place on May 15, 2019 and is part of The Graduate Center’s series “The Promise and Perils of Democracy.” For more Graduate Center events, go to