Panel Recording

The economic basis of democracy

Has the depoliticization of economic policymaking contributed to the crisis of democracy in Europe?

Event date and time: 15 November 2022 — 17:00 TO 18:00 GMT

Event location: Online

democracy in Europe

Understanding contemporary challenges to democracy in Europe requires looking beyond the rise of ‘populism’. A sharp increase in economic inequality over the past decades has translated into political inequality.

This suggests it is not just the policies themselves that need to be looked at to understand the current anti-system political backlash, but also how policy is made.

A recent paper published by the Europe programme at Chatham House argues that economic policymaking has one further in the EU than anywhere else, often entrenching economic inequality by taking economic policy questions out of the sphere of democratic contestation. 

The green economic transition and other policy challenges such as tackling high inflation means it is critical to understand how economic change can be successfully accomplished without triggering a political backlash.

Cas Muddle and several of the other authors of this report discuss its findings, what it means for the current movement and for the outlook for democracy in Europe.

Key questions considered include:

  • Should the rise of populist and other anti-system political forces, including their recent successes, be seen as a response to the economic settlement over the past 40 years?
  • What is the relationship between economic inequality and political inequality?
  • If, as the report suggests, European democracy needs a re-politicization of economic policymaking, how could this be done?

Event format and who can attend

Panel sessions bring together several renowned speakers with different perspectives on an issue, offering the audience a thought-provoking discussion that thoroughly analyses a topic from many angles. They are held in our Joseph Gaggero Hall and on the record. 

Members and guests get priority access, with places available to those who register their interest. 

By registering for this event, attendees agree to our code of conduct, ensuring a respectful, inclusive, and welcoming space for diverse perspectives and debate.

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