Martin Wolf, "Saving Democratic Capitalism," April 6, 2021

Universal suffrage democracy emerged out of market capitalism. But the marriage between these economic and political systems is always difficult. Unstable capitalism threatens plutocracy or autocracy. Democracy threatens economic populism. Today, the relationship between the two systems is in crisis across the western world, especially in the US and UK, as the economic and social changes brought about by global capitalism undermine democratic stability. How has this happened, and what can be done to rebalance the relationship?
At this event Martin Wolf, Associate Editor and Chief Economics Commentator at the Financial Times, delivered a talk titled "Saving Democratic Capitalism" and then joined five University of Chicago faculty members in discussion about this crucial challenge.

[@bluenote7086]

I respect and admire all attendees.As a beginning I urge all to read and understand Thomas Sowell's writings about the academic elite. The unanimity and non-aspiring self serving comments of all attendees proves Sowells believes. Many inconstant ideas from Wolf. I trained at Ga Tech IN Atlanta doing thousands of problems. The meat to their curriculum was solving problems. Not pontificating about the. I will clarify exact later. Xo to all

[@AEARArg]

Thank you for uploading this piece of outmost insightful thinking on the dilemmas of our present.