The argument is presented that free-market capitalism and democracy are inherently incompatible. Restoring democracy requires transforming the system to balance innovation rewards with market power limits and ensure equitable distribution of economic progress.

<p>Far from two sides of the same coin, free-market capitalism and democracy are fundamentally incompatible. The only way to restore US democracy is to transform the system, so that it compensates innovators but limits their market power, while ensuring that the benefits of economic progress are more equitably shared.</p>