The Downward Mobility of the Middle Class

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The U.S., UK and Europe have seen a wave of right-wing politicians in recent years, says Simon Tisdall. People are desperate for stability after decades of social upheaval, he says. The Great Recession has exacerbated this deep distrust of the established institutions,Tisdall adds.

In this third episode of Martin Wolf’s series, the renowned FT columnist and economist speaks to the journalist and historian Anne Applebaum, who has written extensively about the history of communism and the development of civil society in central and eastern Europe. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, they discuss what lies behind a global rise in autocracy and what can be done to counter it.

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This episode is presented by Martin Wolf. The producer is Laurence Knight. The executive producer is Manuela Saragosa and the sound engineer is Breen Turner. The FT's global head of audio is Cheryl Brumley. Clips: C-Span, France 24, Soviet radio, BBC, Stanford University, CBS

Read a transcript of this episode on FT.com

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