Martin Wolf on saving democratic capitalism: resisting autocracy
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 10 June 2023
⏱️ 43 minutes
🧾️ Download transcript
Summary
In this third episode of Martin Wolf’s series, the renowned FT columnist and economist speaks to the journalist and historian Anne Applebaum, who has written extensively about the history of communism and the development of civil society in central and eastern Europe. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, they discuss what lies behind a global rise in autocracy and what can be done to counter it.
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Martin Wolf: in defence of democratic capitalism
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For the FT review of Martin’s book click here
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. Clips: C-Span, France 24, Soviet radio, BBC, Stanford University, CBS
Read a transcript of this episode on FT.com
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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. |
| 0:06.4 | Learn more at equinole.co.uk |
| 0:12.0 | I mean, when I was here, I didn't pay tennis. |
| 0:16.0 | I was quite used to so I used to swim. |
| 0:22.0 | So, I'm sitting just by the War Memorial at University College School |
| 0:28.0 | which is where I was from the age of about 13 to 18. |
| 0:34.0 | Right next to the tennis courts looking over the school, |
| 0:39.0 | it brings back many, many memories. |
| 0:42.0 | I've come back here because, and this is something I remember really quite well in 1962, |
| 0:49.0 | this is where I spent a great deal of time during the Cuban Missile Crisis. |
| 0:55.0 | The crisis lasted 13 days. |
| 0:58.0 | I remember very, very well the news. |
| 1:01.0 | They had a moving diagram showing the Russian ships moving steadily towards the American Flotilla, |
| 1:09.0 | which was there to stop them from getting to Cuba. |
| 1:13.0 | And we were given to understand that could be the start of a nuclear war. |
| 1:20.0 | And I remember talking to friends about it. |
| 1:23.0 | We couldn't really believe, that's because we were young, I was 16, |
| 1:29.0 | that the end of the world was going to come. |
| 1:33.0 | I'm Martin Wolf, and this is episode three of my podcast series, |
| 1:37.0 | Saving Democratic Capitalism. |
| 1:46.0 | It's important to remember that in the early 60s, |
| 1:51.0 | the Soviet Union seemed an immensely potent rising power. |
... |
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