The Democratic Party's Mistake in Embracing Globalization

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In retrospect, do you think it was a mistake to embrace globalization and relatively liberal trade? Or were there some other mistakes that you've made? Could you have pushed even harder to help people adjust to the political party? I'm obviously a Democratic Party who's doing fairly well, but objectively, if one looks at it, in terms of policy, the right doesn't offer anything sane.

In this fourth episode of Martin Wolf’s series, the FT’s chief economics commentator discusses the rise of populist politics with someone who was hit by its hard edge: Hillary Clinton. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, they discuss what the future holds for democracy, why female leaders face such extreme misogyny and threats of violence, whether President Biden can win re-election next year, and why Clinton is pinning her hopes on a younger generation of voters.

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This episode is presented by Martin Wolf. The producer is Laurence Knight. The executive producer is Manuela Saragosa. The sound engineers are Samantha Giovinco and Breen Turner. The FT's global head of audio is Cheryl Brumley.

Clips: CNN, ABC, CBS, OAN, Fox, BBC, CBC

Read a transcript of this episode on FT.com

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