Martin Wolf on saving democratic capitalism: the ‘democratic recession’
FT News Briefing
The Global Landscape of Democracy
This chapter explores the influential role of the United States in promoting democracy worldwide and the challenges posed by autocratic regimes. It highlights the pressing need for democracies to fortify their internal structures while addressing political polarization and reform in various nations. Through discussions on historical missteps and the aspirations for accountability, the chapter advocates for a united approach to uphold democratic values amidst rising illiberalism.
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