I don't think we're going to have any choice. The separation from Russia has already begun, even to the extent that the gas pipelines that were built decades ago are not working now. I find it hard to see how the current relationship with China in which we just treat each other as purely economic partners can continue. And so what I hope is that business people will begin to prepare for that while there's still time. Even the autocratic world has some nuances and it's not a coordinated block and they don't all like each other at all times. So I would hope that we would continue to be able to work and trade in lots of different kinds of places.
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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Martin Wolf: in defence of democratic capitalism
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For the FT review of Martin’s book click here
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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