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Martin Wolf and Yanis Varoufakis on the Future of Capitalism - Part 1

Intelligence Squared: Business

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The Importance of Democracy

Martin Lewis says democratic capitalism is the best political and economic system that we have. The idea of revolutionary socialism has been around for 120 years, he argues. But in completely state controlled systems, losing power is catastrophic, writes Lewis. So you need decentralization of the economy to protect politics from itself, he adds.

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