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S3E11: Extreme wealth will destroy democracy - FT’s Martin Wolf
Making Money
The Importance of Upholding Personal Freedom and Democracy
Personal freedom and political democracy are not the norm throughout history and should not be taken for granted. It is essential to have a broad view of history to understand the significance of the conditions enjoyed in countries like the USA since the Second World War. Despite some mistakes, these countries are relatively prosperous and stable. Studies show that people living in prosperous democracies are generally happier. However, history demonstrates that these conditions are not guaranteed and must be continually fought for to uphold personal freedom and democracy.
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