Deliver to 
0 review
1 of 1
The-Crisis-of-Democratic-Capitalism-(Martin-Wolf).jpg
The-Crisis-of-Democratic-Capitalism-(Martin-Wolf).jpg

The Crisis of Democratic Capitalism

byEbookHunter
346 sales
$3.45 
(was $6.90)
 & Instant Download
You Save:$3.45
50% off
About this item
down arrow
  • by Martin Wolf (Author)
  • Purchase the item and you will immediately be taken to the downloads page
  • inspireuplift confirms your payment (usually within a couple of minutes)
  • Digital Download (No Physical Book) After successfully purchase you will get the PDF format of this Digital Ebook.
Payment Methods:
Item description from the seller
down arrow

Martin Wolf, the chief economics commentator of the Financial Times, presents a compelling analysis of the deterioration of the relationship between democracy and capitalism, and proposes potential solutions to counter this alarming trend.

Wolf, known for his insightful perspectives on global economic issues, expresses deep concern about the current state of affairs. Liberal democracy is facing a recession, while authoritarianism is gaining ground. Even in the traditional strongholds of democracy—the United States and England—the core connection between open markets and free elections is being jeopardized.

Across the globe, influential voices argue that capitalism thrives without democracy, while others advocate for the benefits of democracy without capitalism. Wolf's book challenges both perspectives, emphasizing the catastrophic consequences of divorcing democracy from capitalism. Despite their difficulties in coexistence, these two systems rely on each other for the betterment of the world.

According to Wolf, despite its imperfections, democratic capitalism remains the most effective system for human flourishing. However, a critical problem has arisen: economic growth has slowed, and wealth distribution has become increasingly unequal, benefiting only a privileged few. The elites have retreated to their fortresses, belittling the ability of governments to invest in public goods necessary for equality and sustainability. Yet, the rising tide of autocracy will eventually engulf them as well.

Wolf argues that citizenship is not a mere slogan or romantic notion; rather, it is the only concept that can salvage our predicament. Harmonizing political and economic freedom through a shared commitment to the common good has proven to be the most successful path forward.

In this astute and meticulously researched exploration of the intricate relationship between democracy and capitalism, Wolf concludes that our ideals and interests must not only align but also converge for the sake of everyone's well-being. At stake is not just democracy itself, but the future of our society as a whole.

Shop Rating & Reviews
down arrow

More from this shop

Listed on 14 December, 2023