Yascha Mounk, Ruy Teixeira, and Yuval Levin discuss why American elections are so close—and how one party could build a stable majority.

Ruy Teixeira is the co-founder and politics editor of The Liberal Patriot, and the author, with John Judis, of The Emerging Democratic Majority and, most recently, Where Have All the Democrats Gone?: The Soul of the Party in the Age of Extremes. 

Yuval Levin is the director of Social, Cultural, and Constitutional Studies at the American Enterprise Institute. Levin is the author of A Time to Build: From Family and Community to Congress and the Campus and, most recently, American Covenant: How the Constitution Unified Our Nation—and Could Again. 

In this week’s conversation, Yascha Mounk, Ruy Teixeira and Yuval Levin discuss “politics without winners,” or America’s unusual streak of close-run elections; why both Democrats and Republicans have failed to build a dominant coalition; and what it would take for either party to win a durable majority.

This transcript has been condensed and lightly edited for clarity.

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