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The Intelligence from The Economist

Turkey stuffed? A democracy’s last stand

The Intelligence from The Economist

The Economist

News, Global News, Daily News

4.53.7K Ratings

🗓️ 19 January 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

President Recep Tayyip Erdogan has dismantled the country’s institutions. As an election looms we ask what democratic guardrails remain, and examine the wider risks if those go, too. “Non-compete” clauses designed to protect trade secrets when employees depart are being abused—and trustbusters are going after them. And Ryuichi Sakamoto, a famed Japanese composer, reckons with mortality in his latest release.


Music from “12” courtesy of Milan Records.


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Transcript

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0:00.0

Hello and welcome to the intelligence from the economist. In New York, I'm John Fassman.

0:09.0

And in London, I'm Jason Paulman. Every weekday, we provide fresh perspective on the events

0:14.7

shaping your world. America's Federal Trade Commission looks likely to crack down on non-compete

0:21.8

clauses, which bar employees from working for a competitor when they leave a company.

0:27.4

Good news for workers and the economy more broadly.

0:32.4

And this week Ryuichi Sakamoto, a famed Japanese composer, released a new elbow as he turned 71.

0:39.4

It's very different from his considerable back catalogue of electronic music and a moving

0:44.4

musical meditation on mortality.

0:47.4

First up, though.

0:54.4

In October, Turkey will celebrate the centenary of its founding. The day when Kamal Ataturk

1:09.4

established the Turkish Republic and became its first president. Its current leader, Recep Tayyip Erdogan,

1:15.4

has called 2023 a pivotal year in the country's history. But what Turkey is pivoting towards

1:22.4

is a troubling question.

1:27.4

Yesterday, while railing against what he called appreciators of a 2016 coup attempt, Mr. Erdogan hinted

1:37.4

that this year's election would be pushed forward to May.

1:54.4

And there's reason to worry that election won't reflect the will of the people.

1:58.4

Turkey is in an economic mess even bigger than its democratic one. And the vote might be the

2:04.4

last chance to stop Mr. Erdogan from unraveling what Ataturk built a century ago.

2:09.4

When Recep Tayyip Erdogan first came to power as Turkey's prime minister in 2003, he looked to be a promising leader for the country.

2:19.4

Piotr Zalewski is our Turkey correspondent. And in this week's edition of the economist, he's written a sweeping

2:25.4

special report about the country.

2:28.4

In the early years in office, he brought relative stability and prosperity. He defanged the army, the economy boomed, relations with Turkey's

...

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