Martin Wolf on saving democratic capitalism
FT News Briefing
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Reflections on Trauma and Political Legacy
This chapter explores the speaker's childhood experiences as a child of Jewish refugees, shaped by historical trauma from the Holocaust. It examines the lasting impact of family history on their worldview, particularly regarding the intersections of capitalism and democracy. The discussion also highlights modern political concerns, including the rise of extreme rhetoric and the challenges of maintaining a balance between market forces and democratic values.
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