The Crisis of Democratic Capitalism and How to Fix It

FT chief economics commentator Martin Wolf explains why the relationship between democracy and capitalism is coming undone, a victim of failings in economic and political policy making. One of the world’s most influential financial journalists, Wolf has charted capitalism’s ups and downs for decades. That system, he argues, now faces the toughest of tests. Drawing on his experiences, professional as well as personal, and years of research, Wolf offers a defining account of how we got to the present crisis – and what needs to be done to save the marriage of liberal economics and democratic governance which has brought immense benefits to the world.