23min chapter

Pitchfork Economics with Nick Hanauer cover image

The Crisis of Democratic Capitalism (with Martin Wolf)

Pitchfork Economics with Nick Hanauer

CHAPTER

The Crisis of Democratic Capitalism

This chapter explores the intricate relationship between capitalism and democracy, assessing their historical context and current challenges. It discusses how recent economic shifts, populism, and technological advancements are impacting governance and creating disparities within society. The speakers critique prevailing economic theories and highlight the decline of the organized working class while considering potential solutions to the crisis facing democratic capitalism.

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