Ep. 168: Martin Wolf on Why Capitalism and Democracy Need Each Other  

This episode is sponsored by Kalshi.Inc

Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 ‘for services to financial journalism.’ His latest book is ‘The Crisis of Democratic Capitalism’. In this podcast we discuss: 

• Why write on democracy and capitalism now? 

• Why capitalism and democracy are linked to each other.  

• How capitalism disrupts existing hierarchies.  

• The untold role in ending slavery. 

• Plutocracy and problems with democracy. 

• Can democracy and socialism work together? 

• Understanding sources of power. 

• Was the post-war period a special case in democratic capitalism? 

• Lack of competition and industry. 

• Is globalization good or bad? 

• Tech and financialization. 

• The problems with the UK are not related to the EU. 

• Capital controls and tax havens. 

• Policies to save the UK. 

You can find Martin’s latest book here. 

Read the full transcript here.

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