Summary On June 22, 2023, the 21st Century Public Policy Institute published a paper by Professor Yumiko Nakanishi at the Graduate School of Law titled "EU and the New Capitalism/Democracy." This report examines the problems inherent to the neoliberal capitalist and democratic systems, which prioritize economic growth. It suggests an update on the role of capitalism and democracy in the EU. Professor Nakanishi takes charge of the "GX and the New Capitalism" sections and "Sustainability and Future Generations in the EU." In the "GX and the New Capitalism" section, the professor explains the concept of a circular economy, presenting a long-term vision for the desired state of society and its implementation. In addition, climate litigation that holds corporations accountable, particularly driven by the youth, was raised as one major phenomenon. In the section on "Sustainability and Future Generations in the EU," Professor Nakanishi mentions that the presence of documents that consider future generations is increasing, and some of them include binding provisions.