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  1. Economist Podcasts
  2. Tocqueville Road Trip: 1. Game of chance
Tocqueville Road Trip: 1. Game of chance

Tocqueville Road Trip: 1. Game of chance

Economist Podcasts · Jun 13, 2026

Retracing Tocqueville's journey, this episode explores if America's foundational "equality of conditions" survives amid new billionaire aristocracies.

America's Pervasive Pessimism Contradicts Objective Data Showing National Progress

A paradox defines modern America: while objective data shows improvements in economic growth, life expectancy, and equity, the collective mood is one of failure, with a majority believing the nation is in decline.

Tocqueville Road Trip: 1. Game of chance thumbnail

Tocqueville Road Trip: 1. Game of chance

Economist Podcasts·a day ago

Tocqueville Viewed American Democracy as a Social Condition, Not Just a Political System

For Tocqueville, American democracy's essence was not its elections but its "equality of conditions"—a social revolution that shaped norms, spurred voluntary associations, and defined everything from wealth to family dynamics.

Tocqueville Road Trip: 1. Game of chance thumbnail

Tocqueville Road Trip: 1. Game of chance

Economist Podcasts·a day ago

Tocqueville Predicted a New American Aristocracy Would Rise From Its Industrialists

Nearly 200 years ago, Tocqueville warned that if a permanent aristocracy emerged in America, it would come from the industrialist class. This forecast resonates today with the growing political influence of the modern billionaire class.

Tocqueville Road Trip: 1. Game of chance thumbnail

Tocqueville Road Trip: 1. Game of chance

Economist Podcasts·a day ago

America's Most Successful Citizens Now Fear the System That Made Them Is Broken

Wealthy New Yorkers who epitomize the "American Dream" express deep pessimism and nostalgia. Despite their own success, they believe the country is in decline, signaling a loss of faith among its greatest beneficiaries.

Tocqueville Road Trip: 1. Game of chance thumbnail

Tocqueville Road Trip: 1. Game of chance

Economist Podcasts·a day ago

Elite Philanthropy Can Mirror Tocqueville's Ideal of Democratic Wealth Redistribution

A philanthropist's choice to spend her fortune on public art instead of building a dynasty reflects the spirit of the estate laws Tocqueville admired, which were designed to break up wealth and prevent a hereditary aristocracy.

Tocqueville Road Trip: 1. Game of chance thumbnail

Tocqueville Road Trip: 1. Game of chance

Economist Podcasts·a day ago

Billionaire Media Owners Can Create Echo Chambers That Spread Misinformation

John Catsimatidis, owner of WABC radio, repeats easily debunked statistics about immigration and election results, demonstrating how media ownership can insulate elites from facts and amplify false narratives to a wider audience.

Tocqueville Road Trip: 1. Game of chance thumbnail

Tocqueville Road Trip: 1. Game of chance

Economist Podcasts·a day ago

Tocqueville's 'Democracy in America' Remains a Top Framework for Analyzing the Modern U.S.

A journalist for The Economist uses Alexis de Tocqueville's 1831 book as his primary guide for a road trip to understand contemporary American society, demonstrating the work's profound and lasting relevance for political analysis.

Tocqueville Road Trip: 1. Game of chance thumbnail

Tocqueville Road Trip: 1. Game of chance

Economist Podcasts·a day ago

America's Global Power Stems From Its Exportable 'Idea,' Not Just Its Geography

Tocqueville's key insight was that America is more than a country; it's a powerful, exportable "idea" or belief system. This "American Dream" concept has been more influential globally than the nation's physical presence.

Tocqueville Road Trip: 1. Game of chance thumbnail

Tocqueville Road Trip: 1. Game of chance

Economist Podcasts·a day ago