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The Crisis of Democratic Capitalism by Martin Wolf is a book available to read on EtoBox.

What is The Crisis of Democratic Capitalism about?

From the chief economics commentator of the Financial Times , a magnificent reckoning with how and why the marriage between democracy and capitalism is coming undone, and what can be done to reverse this terrifying dynamic Martin Wolf has long been one of the wisest voices on global economic issues. He has rarely been called an optimist, yet he has never been as worried as he is today. Liberal democracy is in recession, and authoritarianism is on the rise. The ties that ought to bind open markets to free and fair elections are threatened, even in democracy’s heartlands, the United States and England. Around the world, powerful voices argue that capitalism is better without democracy; others argue that democracy is better without capitalism. This book is a forceful rejoinder to both views. Even as it offers a deep, lucid assessment of why this marriage has grown so strained, it makes clear why a divorce of capitalism from democracy would be a calamity for the world. They need each other even if they find it hard to life together. For all its flaws, argues Wolf, democratic capitalism remains far and away the best system for human flourishing. But something has gone seriously awry: t

Author

Martin Wolf

Publisher

Penguin Publishing Group

Published

2023

Language

EN

ISBN

9780735224223

Subjects

Political Science, Social_sciences

Rating

4.3 / 5 (163 ratings)

Updated

2026-03-14