3min chapter

The Sound of Economics cover image

Read with Bruegel: The Crisis of Democratic Capitalism

The Sound of Economics

CHAPTER

The Crisis of Democratic Capitalism in the UK

The success of the post-war European project is rooted in this fundamental set of ideas, which I wholly and completely support. And so the whole point was indeed, you need strong market supporting institutions, all the whole thing won't work. So we agree Brexit was a terrible mistake, but seven years after the referendum, I think that democratic capitalism in the UK is alive and generally well. But can one really argue that this is a broader phenomenon?

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