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Berggruen Nicolas - Renovating democracy: governing in the age of globalization and digital capitalism

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Berggruen Nicolas Renovating democracy: governing in the age of globalization and digital capitalism
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The rise of populism in the West, the rise of China in the East and the spread of peer-driven social media everywhere are prompting a deep rethinking of how democracy works -- or doesnt. The creation of new classes of winners and losers as a result of globalization and digital capitalism are also challenging how we think about global interconnectivity and the social contract. If contemporary democracies are going to take back control and compete with autocratic systems on the world stage while avoiding their own suicide through polarization and paralysis fueled by untrustworthy information, they need a radical renovation that responds to the forces undermining them. Above all, such a renovation must engage the participatory power of social media and the increasing preference of publics for direct democracy by designing new, impartial institutions and practices that interpose a deliberative check against the false claims, misinformation, intolerance and magical thinking that come along with the immediate wash of networked popular sentiment. In short, participation without populism. A new social contract is also necessary that spreads the wealth through an equity share for all through owning the robots in a future where intelligent machines are on track to displace labor, depress income and transform the nature of work to an unprecedented degree. Harnessing globalization requires a partnership instead of rivalry with China, the new power of the 21st century--Provided by publisher.;Foreword : There is something wrong with the system -- Introduction : Rethinking democracy, the social contract and globalization -- Behind the populist surge -- Rethinking democracy -- Redrawing the social contract -- Harnessing globalization -- Epilogue : our image of the future shapes the present.

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PRAISE FOR RENOVATING DEMOCRACY Nathan Gardels and Nicolas Berggruens insights - photo 1
PRAISE FOR RENOVATING DEMOCRACY

Nathan Gardels and Nicolas Berggruens insights into how we can restore individual economic security and rejuvenate deliberative democracy deserve the attention of every thoughtful citizen.

Amy Gutmann, President, The University of Pennsylvania

Aims to reconcile the power of direct participation with the equally necessary values of deliberation, pluralism, and compromise.

Reid Hoffman, cofounder of LinkedIn

Brilliantly explains our contemporary quandaries, proposes bold solutions, and lays down the foundations for reinventing good governance. A must-read for allcitizens and experts.

Kishore Mahbubani, National University of Singapore, founding Dean of the Lee Kuan Yew School of Public Policy, author of Has the West Lost It?

This book is a call for intellectual and emotional engagement in reshaping the governance of the world we live in.

Fernando Henrique Cardoso, President of Brazil, 19952003

A well-crafted case for rethinking globalism, nationalism, capitalism, and the appropriate forms of governance for the contemporary era, with a real sensitivity to wealth distribution and inequality.

Margaret Levi, Sara Miller McCune Director, Center for Advanced Study in the Behavioral Sciences, Stanford University

This incisively written volume pushes the boundaries of our understanding of the worldwide assault on democracy.

Jonathan Aronson, Professor of Communications and Journalism, University of California, School of International Relations

Gardels and Berggruens blueprint for a sustainable future is essential material for the much-needed global deliberation required to find justice and harmony in this new stage of human history.

Manuel Castells, Professor Emeritus of Sociology, University of California, Berkeley

Renovating Democracy
GREAT TRANSFORMATIONS

Craig Calhoun and Nils Gilman, Series Editors

Renovating Democracy: Governing in the Age of Globalization and Digital Capitalism, by Nathan Gardels and Nicolas Berggruen

Renovating Democracy
Governing in the Age of Globalization and Digital Capitalism

Nathan Gardels and Nicolas Berggruen

UNIVERSITY OF CALIFORNIA PRESS University of California Press one of the - photo 2

UNIVERSITY OF CALIFORNIA PRESS

University of California Press one of the most distinguished university - photo 3

University of California Press, one of the most distinguished university presses in the United States, enriches lives around the world by advancing scholarship in the humanities, social sciences, and natural sciences. Its activities are supported by the UC Press Foundation and by philanthropic contributions from individuals and institutions. For more information, visit www.ucpress.edu.

University of California Press

Oakland, California

2019 by Nathan Gardels and Nicolas Berggruen

Library of Congress Cataloging-in-Publication Data

Names: Gardels, Nathan, author. | Berggruen, Nicolas, 1961- author.

Title: Renovating democracy : governing in the age of globalization and digital capitalism / Nathan Gardels, Nicolas Berggruen.

Description: Oakland, California : University of California Press, [2019] | Includes bibliographical references and index. |

Identifiers: LCCN 2018033724 (print) | LCCN 2018036817 (ebook) | ISBN 9780520972766 (ebook) | ISBN 9780520303607 (cloth : alk. paper)

Subjects: LCSH : United StatesPolitics and government2017- | Democracy. | Capitalism. | Globalization.

Classification: LCC E 912 (ebook) | LCC E 912 . G 36 2019 (print) | DDC 320.97309/0512dc23

LC record available at https://lccn.loc.gov/2018033724

Manufactured in the United States of America

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10 9 8 7 6 5 4 3 2 1

CONTENTS
PREFACE
There Is Something Wrong with the System

The two of us, one an investor and the other a journalist and editor of an intellectual quarterly, had traversed the planet for decades and landed in Southern California, yet our paths had never crossed. That was until a casual introduction in 2010 by a mutual friend, Jacques Attali, the polymath futurist whom Francois Mitterrand called his personal computer when Attali was chief adviser to the late French president in the 1980s.

Like our French connection, we were worried about where our society was headed. Our shared sense that a world that had once worked was now broken bonded us like Felix and Oscar in The Odd Couple. In the opening scene of that great film starring Jack Lemmon and Walter Matthau, Felix asks Oscar, who is stomping around the apartment, why he is so upset. Oscar replies, There is something wrong with the system, thats whats wrong.

We sat together for long discussions in Los Angeles that year, puzzling over what had gone so wrong with our adopted home state. California had long been the bellwether of Americas bright future, where citizens dreamt of building a society equal to the magnificent landscape. Yet Californians at the early turn of the twenty-first century had settled instead for mountains of debt, D+ schools, public spending on prisons greater than on higher education, and an outdated, crumbling infrastructure. Because of partisan gridlock, the state legislature couldnt even produce a budget. State workers were paid with IOUs. In the years since the Beach Boys, the Mamas & the Papas, Joni Mitchell, and the Eagles had sung their globally resonant hymns about this culturally open, sunny frontier of the times ahead, it had all stalled, or even gone backward.

Having traveled extensively in Asia, we were both keenly aware that, during the same decades, poor little Singapore had risen from a Third World to a First World country. And that China, astonishingly, had lifted hundreds of millions out of destitution and built megacities with state-of-the-art subways and some of the worlds tallest skyscrapers rising up into the clouds like calling cards of the new century. Was there a way to adapt some of their best practices of effective governance to our democratic values and individualistic, free-wheeling ways? That inquiry launched us on a journey of both theory and practice that has led to these present reflections.

What concerned us most was that, as the public sphere so appallingly withered, the new global epicenter of creativity, innovation, and vast wealth creation was flourishing in Silicon Valley. It was just up the road from Salinas, where immigrant farmworkers were still to be seen bending their backs in a setting not far removed from the days described in John Steinbecks The Grapes of Wrath. Google had been founded a little over a decade earlier; Facebook and Twitter a few years later. Much more was in the pipeline. Elon Musks inventions were taking shape on the drawing board. Snapchats Evan Spiegel, then only twenty, hadnt yet dropped out of Stanford to start what would become a company worth tens of billions, but his ideas were percolating. Down near San Diego, genetic pioneer Craig Venter was just setting up labs to advance the reading and rewriting of the human genome.

Visiting newly minted tech titans in the featureless industrial parks around Silicon Valley, we asked ourselves a central question: Can this simultaneous rise and demisenot only in California but across North America and the West, and even around the worldsomehow be reconciled, bringing societies back into balance? Inevitably that question pointed to the political culture that had led California into its 2010 cul-de-sac.

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