Some analysts argue that capitalism would work higher with out democracy, whereas others imagine that democracy can be higher off with out capitalism – so what’s the answer? In his new guide “The disaster of democratic capitalism”, Martin Wolf, chief economics commentator on the Financial Times, units out how they really want each other if both is to thrive. In this week’s episode, host Mark Leonard welcomes Wolf to debate what democratic capitalism is all about and the way it’s threatened by two distinct authoritarian variations of capitalism. What does all this imply for the event of democracy and capitalism in creating and rising economies? And what are the probabilities that democratic capitalism will stay the mannequin to which international locations around the globe aspire?
This podcast was recorded on 10 February 2023.