Martin Wolf on saving democratic capitalism
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 29 May 2023
⏱️ 47 minutes
🧾️ Download transcript
Summary
In the first of this four-part series, the renowned FT columnist and economist Martin Wolf tells the FT’s executive opinion editor Jonathan Derbyshire why he fears the marriage of liberal economics and democracy may be facing its toughest test in decades. Drawing on arguments in his latest book, The Crisis of Democratic Capitalism, Martin explains how his own life story and career have shaped his views.
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Martin Wolf: in defence of democratic capitalism
For Martin’s FT columns click here
For the FT review of Martin’s book click here
This episode is presented by Jonathan Derbyshire. 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: BBC, CNN, Fox News
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. |
| 0:06.2 | Learn more at equinole.co.uk |
| 0:10.2 | Good morning from the Financial Times. Today is Monday, May 29th, |
| 0:13.7 | and this is your FT News Briefing. |
| 0:16.2 | It's a holiday here in the US and in the UK, so we're going to do something a little bit different. |
| 0:21.1 | We're introducing a series called Martin Wolf on Saving Democratic Capitalism. |
| 0:25.9 | Martin is the FT's Chief Economics Commentator, and he's been worried for a while about where |
| 0:30.4 | at Western economies and democracies are headed. |
| 0:32.9 | And in this new series, he talks to high-profile guests in the world of economics and geopolitics |
| 0:38.0 | to ask how we should go about fixing things. This four-part series will drop on our feed once |
| 0:43.2 | a week, and in the first episode, you'll hear Martin talking to the FT's executive opinion editor, |
| 0:48.0 | Jonathan Derbyshire, about his own thoughts on capitalism. So, here we go. |
| 0:56.1 | I shall say that I am massively jet lagged up at 6 this morning to write his column, |
| 1:03.7 | and then what are all the other things I've got? |
| 1:08.1 | That's Martin Wolf, our Chief Economics Commentator here at the Financial Times. |
| 1:13.1 | For many of you, he'll need no introduction. I, on the other hand, should introduce myself. |
| 1:18.8 | I'm Jonathan Derbyshire, and I'm the FT's executive opinion editor. |
| 1:23.7 | That means it's my job to edit Martin's columns, and whenever he's in the office |
| 1:28.4 | and not addressing some high-level international audience or other to discuss ideas with him. |
| 1:34.2 | Martin often appears at my desk to talk about whatever is currently on his unusually fertile mind, |
| 1:40.4 | visits my colleagues and I call Wolfian Drivebys. |
| 1:44.0 | Yes, and I've got to do a podcast. I never listen to podcasts. |
... |
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