The US economy is currently facing new challenges: the independence of the Federal Reserve System is under threat; the government is acquiring a stake in private companies and implementing tariff measures on a wide scale; regulators threaten media companies for public statements, creating uncertainty for businesses and investors. These trends are taking place not in a developing country, but in the world’s leading democracy under the presidency of Donald Trump, and many analysts notice a pattern: democracy is being eroded in real time, with far-reaching consequences for the economy and global business.
“I’ve never been more concerned about democracy in the United States.”
– Vanessa Williamson
Business leaders often express concern about the state of democracy in private conversations, but publicly refrain from sharp statements to avoid clashes with authorities. Such a…