Challenges to Capitalism and Democracy Amid Rising Populism

The Federal Reserve Bank of New York announces plans to inject another $75bn into the US financial system to alleviate funding pressures in short-term lending markets, researchers find that smart TVs are leaking sensitive user data to companies including Netflix and Google and Israeli prime minister Benjamin Netanyahu fails to clinch an outright majority for his Likud party in Tuesday’s general election. Plus, the FT’s chief economics commentator, Martin Wolf, says economies are not delivering for most citizens. He tells us what corporations can do to fix the damage. 

FT.com is free to read today for #FTOpenDay. You can read all of the stories linked below without hitting the paywall. 

Take a look at the stories we covered in today’s briefing: 

Fed plans second intervention to ease funding squeeze

https://www.ft.com/content/2c11a972-d941-11e9-8f9b-77216ebe1f17

Benjamin Netanyahu left vulnerable by inconclusive Israel election

https://www.ft.com/content/828ac962-d984-11e9-8f9b-77216ebe1f17

Smart TVs sending sensitive data to Netflix and Facebook

http://ft.com/content/23ab2f68-d957-11e9-8f9b-77216ebe1f17

Martin Wolf: why rentier capitalism is damaging liberal democracy

https://www.ft.com/content/5a8ab27e-d470-11e9-8367-807ebd53ab77

Marc's suggested reads: 

WeWork’s Adam Neumann admits to being ‘humbled’ 

https://www.ft.com/content/7d543f5a-d94d-11e9-8f9b-77216ebe1f17 

My daughter, the footballer: sexism and the beautiful game

https://www.ft.com/content/16f35962-e288-11e6-9645-c9357a75844a

Global cities begin to shrink as inner areas empty out

https://www.ft.com/content/c88b4c54-b925-11e9-96bd-8e884d3ea203

Russia’s role in producing the taxman of the future

https://www.ft.com/content/38967766-aec8-11e9-8030-530adfa879c2

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