Martin Wolf: Is Capitalism Killing Democracy?
Martin Wolf is a renowned Financial Times columnist, and his new book is The Crisis of Democratic Capitalism. In it, he argues that liberal democracy and market capitalism are inextricably linked – and that both must be reformed to survive. Bethany and Luigi discuss with Wolf how meritocracy, rising inequality, polarization, and the erosion of trust led to this crisis and debate whether it was policy failures or the mistakes of capitalism that exacerbated it. Ultimately, they also try to answer the question: Will the US be a functioning democracy by the end of the century?
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Read the following articles in ProMarket:
- There Is a Direct Line from Milton Friedman to Donald Trump's Assault on Democracy, by Martin Wolf
- George Stigler and the Challenge of Democracy, by Anat Admati
- Corporations Are Not “We the People,” by Geoffrey Stone
- eBook: Milton Friedman 50 Years Later, a Reevaluation
Also, check out relevant past Capitalisn't episodes:
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.