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In the second piece of the series, Dēmos co-founder David Callahan takes us back to the late 1990s—a moment that appeared prosperous on the surface yet held deeper warning signs.

At a time when democratic norms are under authoritarian attack and concentrated power threatens to drown out people’s voices, Stephen Heintz, one of Dēmos’ founding presidents, reminds us why the work of building a multiracial democracy and inclusive economy remains as urgent—and as possible—as ever.