Democracy and capitalism: The recession and the 2020 election

Hand putting dollar bill in ballot box

Project on Democracy and Capitalism

Democracy and capitalism: The recession and the 2020 election

Keith Hennessey , Isabel Sawhill, Robert Bruner (moderator)

Tuesday, September 08, 2020
3:30PM - 4:30PM (EDT)
Event Details

Well-functioning markets rely on political norms, including property rights, the rule of law, free trade, the sanctity of contracts, fair dealing, and the efficient distribution of resources. But increasingly political candidates charge that the capitalist system is “rigged” in ways that thwart democratic processes and favor important players and interests in the capitalist economy. We explore how the disruption of 2020 and a looming recession affect this dynamic—and what the influence on the 2020 election will be.

Tuesday, September 08, 2020
3:30PM - 4:30PM (EDT)
Keith Hennessey  headshot

Keith Hennessey

Keith Hennessey is a lecturer in Economics at the Stanford Graduate School of Business. He teaches economic policy and American civics to MBA students. He also serves as the David Rubenstein Fellow at the George W. Bush Institute. Mr. Hennessey served as deputy director and then as director of the National Economic Council for President George W. Bush. He attended Stanford and Harvard.

Isabell Sawhill headshot

Isabel Sawhill

Isabel V. Sawhill is a senior fellow in Economic Studies at the Brookings Institution, working in the Center on Children and Families and on the Future of the Middle Class Initiative.Dr. Sawhill’s research spans a wide array of economic and social issues, including fiscal policy, economic growth, poverty, social mobility, and inequality. Her latest book is The Forgotten Americans: An Economic Agenda for a Divided Nation.

Bob Bruner headshot

Robert Bruner (moderator)

Robert Bruner, faculty senior fellow, is University Professor at the University of Virginia, Distinguished Professor of Business Administration and Dean Emeritus of the Darden School of Business. He has also held visiting appointments at Harvard University and Columbia University, INSEAD in France, and IESE in Spain. He is the author, co-author or editor of more than 20 books on finance, management and teaching. A faculty member since 1982, he has won leading teaching awards at the University of Virginia and within the Commonwealth of Virginia. His current fields of research and teaching include financial crises and the frictions between democracy and capitalism.