Journal of Economic Literature Vol. 64 No. 2 2026
When Democracy Falters: A Multidisciplinary, Multi-book Review Essay on Polarization, Populism, and Authoritarianism
Abstract
This multi-book review argues that identity-driven polarization interacts with institutional design to erode democratic guardrails. Reading Heather Cox Richardson’s Democracy Awakening, Tom Schaller, and Paul Waldman’s White Rural Rage, and Ezra Klein’s Why We’re Polarized through an economist’s lens, I emphasize two claims. First, when institutions fail to deliver broadly shared security and dignity, anti-pluralist projects gain legitimacy and room to maneuver. Second, questions of belonging, citizenship, and the obligations of government to the people are informed by culture and institutional trust. The culture of the United States is not one that lends itself readily to ethno-nationalism, but these books make a case for an America that is, and perhaps has always, been divided by notions of who “we” are. I situate the books within the economics literature on populism, polarization, and institutions, and examine what we can learn about rebuilding both prosperity and democratic resilience in the United States.
- DOI
- 10.1257/jel.20251778
- Volume
- 64
- Issue
- 2
- Pages
- 679-697
- Language
- en
- Sources
- openalex crossref