Review essay: Democracy and Prosperity

Abstract

Democracy and Prosperity is an exceptionally provocative and thereby stimulating book, especially for progressive readers. Torben Iversen and David Soskice argue that capitalism and democracy are mutually reinforcing. Democratic capitalism has worked well and will most likely work well in the future. Globalisation is not putting into question the primacy of politics over economic matters, nor will populism challenge the symbiosis of democratic politics and free markets.