Extreme Wealth Will Destroy Democracy
Martin Wolf is Chief Economics Commentator at the Financial Times (FT). In his book 'The Crisis of Democratic Capitalism' he argues that market capitalism and democracy rely on each other to function but that both are failing. How did we get here, what’s at stake, and is there anything we can do?
You can buy Martin’s book here: https://amzn.to/3UQgBZM
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Disclaimer:
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
Chapters:
00:00-00:51 - Intro
00:51-05:34 - Why democracy is at risk
05:34-14:16 - Why Donald Trump is dangerous
14:16-20:51 - How this affects you
20:51-21:47 - Hostinger Ad
21:47-25:47 - We cannot take peace for granted
25:47-37:01 - How inequality feeds populism
37:01-44:51 - Did Austerity cause Brexit?
44:51-53:14 - How to improve the UK’s economy
53:14-58:44 - What a new UK government should do
58:44-01:02:00 - Reform not revolution
01:02:00-01:07:51 - What other countries do better
01:07:51-01:13:20 - Change can happen
01:13:20–1:13:51 - Outro