In Defense of Liberal Democracy: What We Need to Do to Heal a Divided America

In Defense of Liberal Democracy: What We Need to Do to Heal a Divided America

by Manuel Hinds
In Defense of Liberal Democracy: What We Need to Do to Heal a Divided America

In Defense of Liberal Democracy: What We Need to Do to Heal a Divided America

by Manuel Hinds

Hardcover

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Overview

In Defense of Liberal Democracy is a clarion call for today's divided time: a bold reaffirmation of the liberal democratic principles that have carried America through each crisis in its history—and can do so again.

Merging expert historical, political, and economic analysis, In Defense of Liberal Democracy shows how our recent technological revolution—what high-profile economist Manuel Hinds calls the Connectivity Revolution—has led to a crisis of divisiveness. Assessing the angry rhetoric and polarization of current political and social discourse in the US, Hinds considers the dangers of seeking populist solutions to our current upheaval and shows how the traditions and institutions of liberal democracy restored prosperity, freedom, and social equity during the Industrial Revolution, the Great Depression, and other periods of political instability. Hinds examines our national past and present (up to and including the 2020 presidential election) to illustrate how current events can be as dramatic as any historical legacy in warning us of the danger of abandoning our democratic principles.

Product Details

ISBN-13: 9781623545093
Publisher: Charlesbridge
Publication date: 04/13/2021
Pages: 336
Product dimensions: 6.20(w) x 9.10(h) x 2.40(d)

About the Author

Manuel Hinds is a former finance minister of El Salvador and a winner of the Manhattan Institute's Hayek Prize. He has worked with the World Bank in the public and private sector and as a consultant to international institutions and governments on issues related to the financial system. He is the author of Money, Markets, and Sovereignty and Playing Monopoly with the Devil.

Table of Contents

Introduction 1

Part I 9

1 Far from Equilibrium 11

2 Ghosts from the Past 21

3 The Economic Effects of Change 43

4 The Legitimation of Destructiveness 64

5 The Magnetic Fields 75

Part II 93

6 The Birth of the Two Orders 95

7 France and England 109

8 The Gilded Age: The United States and Germany 129

9 Darkness at Noon 158

10 The Welfare State and Communism 183

Part III 209

11 Toward Complexity 211

12 The Individual and Society 222

13 The Appeal of Slavery 237

14 Our 1776 Moment 249

Bibliography 277

Endnotes 289

Epigraph Sources 311

Acknowledgments 313

Index 315

About the Author 323

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