Martin Wolf on saving democratic capitalism: epilogue
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 18 June 2023
⏱️ 21 minutes
🔗️ Recording | iTunes | RSS
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Summary
In this last episode of Martin Wolf’s series, the FT’s chief economics commentator sits down with the FT’s executive opinion editor, Jonathan Derbyshire, to give his concluding thoughts on the state of the world’s democracies. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, and his conversations in this series, they discuss what role citizens’ juries could play in rectifying some of what has gone wrong in the past couple of decades.
Want more?
Martin Wolf: in defence of democratic capitalism
Citizens’ juries can help fix democracy
For Martin’s FT columns click here
For the FT review of Martin’s book click here
Read a transcript of this episode on FT.com
This episode is presented by Martin Wolf. The producer is Laurence Knight. The executive producer is Manuela Saragosa and the sound engineer is Breen Turner. The FT's global head of audio is Cheryl Brumley.
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Transcript
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| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk |
| 0:12.0 | Hello, Martin. Hi, I'm trying to get a boarding pass. It doesn't work. |
| 0:18.6 | They don't want me to get on this plane and the British Airways has collapsed as far as I can see. |
| 0:24.2 | Well, we have a neat segue from the collapse of the British Airways online |
| 0:28.0 | booking system to the collapse of democratic capitalism. |
| 0:32.0 | Okay, let's go. |
| 0:35.5 | Hello, I'm Jonathan Derbyshire, the FT's executive opinion editor, |
| 0:39.5 | and welcome to this final bonus edition of Saving Democratic Capitalism. |
| 0:49.0 | This podcast series really belongs of course to Martin Wolf, the FT's Distinguished |
| 0:53.5 | Economics commentator. But Martin began the series by inviting me to interview him |
| 0:58.9 | about why he's worried about the decline of democracy around the world. |
| 1:02.7 | And that's how we're ending the series too. |
| 1:05.6 | Martin is here with me now. |
| 1:07.6 | Martin, during this series you've had various conversations with thinkers you admire |
| 1:12.8 | about this question of the future of democracy. |
| 1:15.8 | What insights have you gained from those conversations? |
| 1:19.2 | Well, I suppose the first and most obvious point is there at least as worried as I am, |
| 1:25.3 | people with very different perspectives who particularly are focused on the political side of it all. |
| 1:32.8 | On democracy is a political system with Larry Diamond, on the role of autocracies in undermining open societies as Anne Applebaum is. |
| 1:43.9 | And of course Hillary Clinton as a politician who came up against these new populist forces and |
| 1:50.8 | was overwhelmed by them. But the worry is clearly there. |
... |
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