The Crisis of Democratic Capitalism
From the chief economics commentator of the Financial Times, a magnificent reckoning with how and why the marriage between democracy and capitalism is coming undone, and what can be done to reverse this terrifying dynamic
Martin Wolf has long been one of the wisest voices on global economic issues. He has rarely been called an optimist, yet he has never been as worried as he is today. Liberal democracy is in recession, and authoritarianism is on the rise. The ties that ought to bind open markets to free and fair elections are threatened, even in democracy’s heartlands, the United States and England.
Around the world, powerful voices argue that capitalism is better without democracy; others argue that democracy is better without capitalism.…
$41.00
February 7, 2023Martin Wolf is the associate editor and chief economics commentator at the Financial Times, London. He is the recipient of many awards for financial journalism, for which he was also made a Commander of the Order of the British Empire in 2000. His previous books include Fixing Global Finance and Why Globalization Works.