FT News Briefing Martin Wolf on saving democratic capitalism: resisting autocracy
Jun 10, 2023
In this enlightening discussion, journalist and historian Anne Applebaum shares her insights into the historical context of democratic decline. She explores the worrying rise of autocratic regimes and how countries like China and Russia are influencing global politics. Applebaum highlights the unsettling shift towards autocracy in established democracies like the US and UK, drawing parallels with historical trends. She emphasizes the role of socio-economic factors, technology, and the importance of civic engagement in safeguarding democratic ideals.
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Cuban Missile Crisis Memory
- Martin Wolf reminisces about the Cuban Missile Crisis in 1962.
- He recalls the fear of nuclear war and the perceived threat of the Soviet Union.
Rising Autocracy and Collaboration
- Autocracies are gaining influence, partly due to China's economic growth and the perceived success of its model.
- These autocracies often collaborate, sharing technology and tactics to suppress dissent.
Weakening of Established Democracies
- Established democracies are experiencing degradation and backsliding, including the US and UK.
- This is partly due to the influence of autocracies, but also internal weakening of democratic norms.
