Making Money

Will extreme wealth destroy democracy?

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May 13, 2024
Martin Wolf, Chief Economics Commentator at the Financial Times (FT), discusses the impact of extreme wealth on democracy and capitalism, highlighting the dangers of demagoguery, challenges to democracy, economic disillusionment, and wealth disparity. He explores the connection between extreme wealth concentration and political shifts, advocating for reforms like Universal Basic Income and fairer tax systems to promote positive societal change.
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