17min chapter

Making Money cover image

S3E11: Extreme wealth will destroy democracy - FT’s Martin Wolf

Making Money

CHAPTER

The Perils of Demagoguery and Wealth in Democracy

The chapter explores the dangers of demagoguery in democracy throughout history, drawing parallels from ancient Greece to modern times. It discusses how extreme wealth concentration can erode democratic processes, referencing examples from various countries. The speaker emphasizes the significance of maintaining democratic principles amidst political challenges and the crucial role of alliances, particularly with the United States, in upholding stability and democracy.

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