Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
November 07, 2026
What Next for the Democrats? | Martin Wolf on the US Midterms | FT
Nov 6, 2026 | Americans roundly rejected the Republican Party under President Donald Trump at the ballot box, giving the Democratic Party control of both the House of Representatives and the Senate. That means Democrats have a raft of new tools with which to oppose Trump, including control of investigative committees the party may use to look into alleged corruption.
How should the Democrats use that power? Does the scale of their victory mean they have the country’s backing, or just that Republicans were unpopular? And will Trump’s brand of politics return?
Martin speaks to Nobel prize-winning economist Paul Krugman to discuss what happens next.