The Rise of Social Media in the Global Democratic Recession

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"There's a common ambition, which is as old as human civilization," he says. "You see how Orban did it, and that inspires and influences others" The rise of social media has also played a role in the spread of illiberal ideas around the world,. He adds: We have become everywhere much more polarized on identity terms.

In this second episode of Martin Wolf’s series, the renowned FT columnist and economist speaks to Larry Diamond, a leading contemporary scholar in the field of democracy studies and a senior fellow in global democracy at the Freeman Spogli Institute for International Studies at Stanford University. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, they discuss what’s behind a deepening global ‘democratic recession’.

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Martin Wolf: in defence of democratic capitalism

For Martin’s FT columns click here

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: BBC, CNN, WION

Read a transcript of this episode on FT.com

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