An interview with Martin Wolf, Chief Economics Commentator at The Financial Times, on his recent book: The Crisis of Democratic Capitalism
Available on Amazon: https://www.amazon.com/Crisis-Democratic-Capitalism-Martin-Wolf/dp/0735224218/
Short form (10 mins) version (0:00)
Introduction (10:05)
What is The Crisis of Democratic of Democratic Capitalism about? (10:16)
Motivations for writing the book (11:38)
What have you learned since writing your first book?(13:30)
How have your personal view changed since over the past couple of decades? (15:39)
Who have been your greatest influencers? (18:44)
Why is capitalism a fundamental pillar of democracy? (22:24)
Why advocate democracy when history shows it as the exception rather than the norm? (27:57)
How are rentier and crony capitalism different? (32:47)
What solutions do you propose in your book to safeguard democracy? (36:49)
How can our political systems be improved or reformed? (40:53)
Democracy vs Autocracy: Similarities, differences and problems (44:52)
Future work: Which areas would you like to explore further? (51:08)
What potential challenges does AI pose to democracies? (56:39)
How do you envisage AI will impact the new media industry? (1:01:19)
Follow Martin Wolf at https://www.ft.com/martin-wolf