In this response I reflect on the contributions of the recently published report of the International Panel on Social Progress. I focus in particular on the Report's treatment of the relationship between inequality and democracy: the proper subject of Chapter 14 in Part II of the report but also a central concern throughout the text. I begin by setting the Report's arguments more fully in the historical context of the past few decades, and specifically the post-1970s era. I then interrogate in more detail the relationship between liberalism and democracy before examining each of three key themes raised by the report: the domestic challenges posed by economic inequality to political pluralism; the relationship between the state and globalisation; and the extent to which current institutional arrangements of liberal democratic systems articulate and safeguard the basic values and moral principles of democracy. I conclude by looking forward.