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It’s The Democracy, Stupid!

Why democracy reform keeps failing—and why the economy suffers as a result. A rethink of representation and political power.

Getty Images, Orbon Alija

It’s The Democracy, Stupid!

The economic pain that now defines everyday life for so many people is often treated as a separate problem, something to be solved with better policy, smarter technocrats, or a new round of targeted fixes. Wages stagnate, housing becomes unreachable, healthcare bankrupts families, monopolies tighten their grip, and public services decay. But these outcomes are not accidents, nor are they the result of abstract market forces acting in isolation. They are the predictable consequence of a democratic order that has come apart at the seams. Our deepest crisis is not economic. It is democratic. The economy is merely where that crisis becomes visible and painful.

When democracy weakens, power concentrates. When power concentrates, it seeks insulation from accountability. Over time, wealth and political authority fuse into a self-reinforcing system that governs in the name of the people while quietly serving private interests. This is how regulatory agencies become captured, how tax codes grow incomprehensible except to those who pay to shape them, how antitrust laws exist on paper but rarely in practice, and how labor protections erode while corporate protections harden. None of this requires overt corruption. It operates legally, procedurally, and efficiently. Influence is purchased not through bribes but through campaign donations, access, revolving doors, and the sheer asymmetry of time, expertise, and money.

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New York City Mayor Zohran Mamdani.

New York City Mayor Zohran Mamdani speaks at Grand Army Plaza in Brooklyn on January 02, 2026 in New York City.

Getty Images, Spencer Platt

The Antisemitic Campaign Against Mamdani

The campaign against Mamdani by some conservative Jewish leaders and others, calling him antisemitic, has just reached a new level with accusations of antisemitism from Israel.

From almost the beginning of his campaign, Mamdani has faced charges of antisemitism because he was critical of Israel's conduct of the war in Gaza and because he has spoken against the proclamation that Israel is a "Jewish state." The fact that his faith is Islam made him an easy target for many.

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Alderwoman Milele A. Coggs: A Defining Force in Milwaukee

Alderwoman Milele A. Coggs

Alderwoman Milele A. Coggs: A Defining Force in Milwaukee

Alderwoman Milele A. Coggs has been a defining force in Milwaukee civic life for nearly two decades, combining deep community roots with a record of public service grounded in equity, cultural investment, and neighborhood empowerment. Born and raised in Milwaukee, she graduated from Riverside University High School before earning her bachelor’s degree, cum laude, from Fisk University, where she studied Business Administration and English.

The Fulcrum spoke with Coggs about the work she leads, including eliminating food deserts in her district on an episode of The Fulcrum Democracy Forum.

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Millions of Independents will be shut out of the 2026 midterms—here’s what that means for democracy.
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How Gerrymandering and Authoritarian Trends Threaten 2026 Elections

Ongoing redistricting battles in the United States are occurring amid warnings from analysts, legal scholars, and democracy reform organizations about a broader trend toward weakened institutional protections for fair elections.

In the struggle for partisan advantage, the risk extends beyond unfair maps to the narrowing of competition to make the 2026 election dependent on just a handful of districts and counties.

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