Martin Wolf: Is Capitalism Killing Democracy?

Martin Wolf is a renowned Financial Times columnist, and his new book is The Crisis of Democratic Capitalism. In it, he argues that liberal democracy and market capitalism are inextricably linked – and that both must be reformed to survive. Bethany and Luigi discuss with Wolf how meritocracy, rising inequality, polarization, and the erosion of trust led to this crisis and debate whether it was policy failures or the mistakes of capitalism that exacerbated it. Ultimately, they also try to answer the question: Will the US be a functioning democracy by the end of the century?