Martin Wolf on saving democratic capitalism: the ‘democratic recession’
FT News Briefing
00:00
The Democracy Dilemma
This chapter explores the critical connection between economic decentralization and democracy, stressing the role of private property in state accountability. It details the global 'democratic recession' and notable shifts, particularly in India, while drawing parallels with authoritarian trends worldwide. The discussion also examines the implications of military actions, identity polarization, and the rise of social media on public trust in democratic processes and capitalism.
Transcript
Play full episode
