The Crisis of Democratic Capitalism

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The book is about the crisis of democratic capitalism, says Lord Tebbit. It was crystallized on the political ramifications with Donald Trump in obtaining the nomination for the Republican Party and then the presidency. And here the Brexit vote indicated a profound list of confidence in very important parts of our population in the establishment," he adds.

In the first of this four-part series, the renowned FT columnist and economist Martin Wolf tells the FT’s executive opinion editor Jonathan Derbyshire why he fears the marriage of liberal economics and democracy may be facing its toughest test in decades. Drawing on arguments in his latest book, The Crisis of Democratic Capitalism, Martin explains how his own life story and career have shaped his views.

Want more?

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 Jonathan Derbyshire. 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, Fox News

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.