democratic recession

Fareed Zakaria says yes. But it’s not just political revolution — it’s economic, technological, even emotional. He doesn’t offer easy solutions but he does offer some hope.

• SOURCES:
  • Fareed Zakaria, journalist and author.

• RESOURCES:
  • Age of Revolutions: Progress and Backlash from 1600 to the Present, by Fareed Zakaria (2024).
  • "The Ultimate Election Year: All the Elections Around the World in 2024," by Koh Ewe (TIME, 2023).
  • "The Tea Party and the Remaking of Republican Conservatism," by Vanessa Williamson, Theda Skocpol, and John Coggin (Perspectives on Politics, 2011).
  • The Post-American World, by Fareed Zakaria (2008).
  • The Future of Freedom: Illiberal Democracy at Home and Abroad, by Fareed Zakaria (2003).

• EXTRAS:
  • "Is the U.S. Really Less Corrupt Than China?" by Freakonomics Radio (2021).

In this second episode of Martin Wolf’s series, the renowned FT columnist and economist speaks to Larry Diamond, a leading contemporary scholar in the field of democracy studies and a senior fellow in global democracy at the Freeman Spogli Institute for International Studies at Stanford University. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, they discuss what’s behind a deepening global ‘democratic recession’.

Links

Martin Wolf: in defence of democratic capitalism

For Martin’s FT columns click here

For the FT review of Martin’s book click here 

This episode is presented by Martin Wolf. The producer is Laurence Knight. The executive producer is Manuela Saragosa and the sound engineer is Breen Turner. The FT's global head of audio is Cheryl Brumley.

Clips: BBC, CNN, WION

Read a transcript of this episode on FT.com

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