Gibbons, Adam F.: Is Capitalism Bad for Democracy?

_Philosophy and Public Affairs_. forthcomingIn The Democratic Marketplace, Lisa Herzog offers a damning indictment of democratic capitalism. Among other things, she argues that capitalism has led to increased inequality, fosters an unhealthy culture of competition, that it is bad for the environment, and that it is ultimately bad for democracy itself. To save democracy we must pursue various reforms: we need to address economic inequality; we must abjure the unsustainable pursuit of economic gro