The Crisis of Democratic Capitalism
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Narrated by:
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John Lee
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By:
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Martin Wolf
About this listen
Brought to you by Penguin.
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 being strained and spurned, even in democracy's notional heartlands. Around the world, powerful voices argue that capitalism is better without democracy; others that democracy is better without capitalism. This audiobook is a forceful rejoinder to both views, offering a deep and lucid assessment of why the marriage between capitalism and democracy has grown so strained and making clear why a divorce would be an almost unthinkable calamity.
Wolf argues that for all its recent failings—slowing growth and productivity, increasing inequality, widespread popular disillusion—democratic capitalism remains the best system and that citizenship is not just a slogan or a romantic idea; it's the only concept that can save us. This wise and rigorous exploration of the dynamic between democracy and capitalism shows us that our ideals and our interests not only should align—they must do so, for everyone's sake.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2023 Martin Wolf (P)2023 Penguin AudioListeners also enjoyed...
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Critic reviews
"Martin Wolf has been an incisive commentator on economics and politics for a long time. This book is an excellent and thought-provoking synthesis of his views on democratic capitalism and how to fix it." (Ben Bernanke, former chair of the Federal Reserve)
"Martin Wolf is one of the deepest thinkers of our times and his latest book is a must-read! He brilliantly analyzes the causes of current crisis of democratic capitalism and presents the reforms needed to successfully rejuvenate it. He rightly calls for a new alliance of reformed democratic capitalist states to protect global peace, inclusive prosperity and the planet against plutocratic populism and tyranny. Hopefully, his words will be carefully read and heeded." (Nouriel Roubini, Professor, New York University)
"Martin Wolf is a great humanist and a sharp analytical mind. He unfurls here a bracing indictment of democratic capitalism and an inspiring defense of it. To defend the values of freedom and dignity, democracy and capitalism must both be reformed. A necessary book - and a guide - for our times." (Daniel Ziblatt, Professsor, Harvard University and co-author of How Democracies Die)
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Over the past four decades, China's remarkable transformation has garnered admiration but also sparked concern. George Magnus draws on his intimate knowledge of this dynamic nation to uncover the origins of its ascent and show why the economic traps it faces at home and the political challenges it faces abroad pose a serious threat to its continued rise.
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A pessimistic vision with western liberal bias
- By Jeronimo L. Jimenez on 10-23-20
By: George Magnus
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The Origins of Political Order: From Prehuman Times to the French Revolution
- By: Francis Fukuyama
- Narrated by: Jonathan Davis
- Length: 22 hrs and 34 mins
- Unabridged
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Virtually all human societies were once organized tribally, yet over time most developed new political institutions which included a central state that could keep the peace and uniform laws that applied to all citizens. Some went on to create governments that were accountable to their constituents. We take these institutions for granted, but they are absent or are unable to perform in many of today’s developing countries—with often disastrous consequences for the rest of the world.
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Few forests, but lots of trees
- By Steve Pagano on 10-05-15
By: Francis Fukuyama
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Radical Markets
- Uprooting Capitalism and Democracy for a Just Society
- By: Eric A. Posner, E. Glen Weyl
- Narrated by: James Conlan
- Length: 9 hrs and 7 mins
- Unabridged
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Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.
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Terrible Reader ruins this book
- By Brian W. Veit on 10-30-18
By: Eric A. Posner, and others
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The Great Degeneration
- How Institutions Decay and Economies Die
- By: Niall Ferguson
- Narrated by: Paul Slack
- Length: 4 hrs and 18 mins
- Unabridged
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Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.
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Superb as always!
- By Ivanhoe on 08-28-17
By: Niall Ferguson
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The World
- A Brief Introduction
- By: Richard Haass
- Narrated by: Dan Woren
- Length: 10 hrs and 24 mins
- Unabridged
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The World is designed to provide listeners of any age and experience with the essential background and building blocks they need to make sense of this complicated and interconnected world. It will empower them to manage the flood of daily news. Listeners will become more informed, discerning citizens, better able to arrive at sound, independent judgments. While it is impossible to predict what the next crisis will be or where it will originate, those who listen to The World will have what they need to understand its basics and the principal choices for how to respond.
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Excellent Primer for young adults
- By Howells on 05-24-20
By: Richard Haass
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Ill Fares the Land
- By: Tony Judt
- Narrated by: James Adams
- Length: 5 hrs and 40 mins
- Unabridged
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In Ill Fares The Land, Tony Judt, one of our leading historians and thinkers, reveals how we have arrived at our present dangerously confused moment. Judt masterfully crystallizes what we've all been feeling into a way to think our way into, and thus out of, our great collective dis-ease about the current state of things.
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Blah, Blah, Blah.
- By Michael on 07-15-10
By: Tony Judt
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- By: Ryan Cooper
- Narrated by: Ryan Cooper
- Length: 8 hrs and 22 mins
- Unabridged
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
- By Luvelway on 02-19-24
By: Ryan Cooper
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Foreign Policy Begins at Home
- By: Richard Haass
- Narrated by: Kevin Stillwell
- Length: 5 hrs and 33 mins
- Unabridged
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The biggest threat to the United States comes not from abroad but from within. This is the provocative, timely, and unexpected message of Council on Foreign Relations President Richard N. Haass’ Foreign Policy Begins at Home. A rising China, climate change, terrorism, a nuclear Iran, a turbulent Middle East, and a reckless North Korea all present serious challenges. But U.S. national security depends even more on the United States addressing its burgeoning deficit and debt, crumbling infrastructure, second-class schools, and outdated immigration system
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Last 4 years
- By Don on 07-22-17
By: Richard Haass
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Dead Aid
- Why Aid Is Not Working and How There Is a Better Way for Africa
- By: Dambisa Moyo, Niall Ferguson - foreword
- Narrated by: Mike Chamberlain
- Length: 6 hrs and 29 mins
- Unabridged
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A national best-seller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined - and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing the development of the world's poorest countries.
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Dangerous / Right Wing US view
- By David O'Donovan on 03-05-19
By: Dambisa Moyo, and others
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The World Turned Upside Down
- America, China, and the Struggle for Global Leadership
- By: Clyde Prestowitz
- Narrated by: Paul Heitsch
- Length: 13 hrs and 24 mins
- Unabridged
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When China joined the World Trade Organization in 2001, most experts expected the WTO rules and procedures would liberalize China and make it "a responsible stakeholder in the liberal world order". But the experts made the wrong bet. China today is liberalizing neither economically nor politically but, if anything, becoming more authoritarian and mercantilist. In this book, renowned globalization and Asia expert Clyde Prestowitz describes the key challenges posed by China and the strategies America and the Free World must adopt to meet them.
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Informative and engaging
- By Christopher P Pratt on 02-28-21
By: Clyde Prestowitz
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A Generation of Sociopaths
- How the Baby Boomers Betrayed America
- By: Bruce Cannon Gibney
- Narrated by: Wayne Pyle
- Length: 14 hrs and 49 mins
- Unabridged
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What happens when a society is run by people who are antisocial? Welcome to baby boomer America. In A Generation of Sociopaths, Bruce Cannon Gibney shows how America was hijacked by the boomers, a generation whose reckless self-indulgence degraded the foundations of American prosperity.
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Honest introspection required
- By Niki on 03-31-17
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When China Rules the World
- The End of the Western World and the Birth of a New Global Order
- By: Martin Jacques
- Narrated by: Scott Peterson
- Length: 16 hrs and 33 mins
- Unabridged
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According to even the most conservative estimates, China will overtake the United States as the world's largest economy by 2027 and will ascend to the position of world economic leader by 2050. But the full repercussions of China's ascendancy-for itself and the rest of the globe-have been surprisingly little explained or understood.
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Lucid explanation of global economic trends
- By David Blake on 01-04-10
By: Martin Jacques
What listeners say about The Crisis of Democratic Capitalism
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Richard
- 08-11-23
Interesting and thought provoking
An interesting perspective from someone who has seen a lot and tracked developments between countries at a pretty high level. Worth a listen, but doesn’t leave me very hopeful for democracy.
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