Martin Wolf on saving democratic capitalism
FT News Briefing
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The Shifting Landscape of Economic Ideologies
This chapter explores the evolution of economic views, particularly the rise of pro-market ideologies influenced by the socio-economic climate of the 1970s through the early 2000s. It addresses the complexities of globalization, its effects on poverty and trade, and the crises that shaped political dynamics in response to economic instability. The discussion further examines the interplay of democracy and governance in the wake of financial crises, emphasizing the rise of populism and challenges to traditional political structures.
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