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003			mbzuhl
005			20230925094733.0
008			221110s2023 nyua b 001 0 eng
010			_a 2022035909
020			_a9780735224216 _q(hardcover)
020			_z9780735224223 _q(ebook)
040			_aDLC _beng _erda _cmbzuhl
042			_apcc
050	0	0	_aJC423 _b.W564 2023
100	1		_aWolf, Martin, _d1946- _eauthor.
245	1	4	_aThe crisis of democratic capitalism / _cMartin Wolf.
264	3	1	_aNew York : _bPenguin Press, _c2023.
300			_axxi, 474 pages : _billustrations ; _c25 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references (pages 427-456) and index.
520			_a"From the chief economics commentator of the Financial Times, a magnificent reckoning with how and why the marriage between democracy and capitalism is coming undone all over the world, and what can be done to reverse this terrifying dynamic. TARGET CONSUMER: Readers of Thomas Friedman, Paul Krugman, and Tim Snyder Martin Wolf has long been one of the wisest voices on economic issues on the world stage. He has never been known as a sunny-side-up optimist, yet he has never been as worried in his adult life as he is today. 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, even spurned, even in democracy's notional heartlands, like America and England. Around the world, powerful voices argue that capitalism is better without democracy. Other voices argue that democracy is better without capitalism. This book is a forceful rejoinder to both views. Even as it offers a deep, lucid assessment of why this marriage has grown so strained, it makes clear why a divorce between capitalism and democracy would be an almost unthinkable calamity for the entire world. Democratic capitalism has many enemies and few true friends. For all its flaws, Wolf argues, it remains the best system for human flourishing the world has seen, but something has gone seriously awry: the growth of prosperity has slowed, and the division of the fruits between the hyper-successful few and the rest has become more unequal. The oligarchs have retreated to their bastions, where they take a dim view of government and its ability to invest in the public goods needed to foster opportunity and sustainability. But the waters will rise to overwhelm them too in the end. Citizenship is not just a slogan or a romantic idea; it's the only force that can save us, Wolf argues. Nothing has ever harmonized political freedom and economic freedom better than a shared faith in the common good, and nothing ever will. This wise and rigorously fact-based exploration of the whole epic human story of the dynamic between democracy and capitalism lands on the lesson that our ideals and our interests not only should align- they must. For everyone's sake"-- _cProvided by publisher.
650		0	_aDemocracy _xEconomic aspects.
650		0	_aCapitalism _xPolitical aspects.
776	0	8	_iOnline version: _aWolf, Martin, 1946- _tCrisis of democratic capitalism _dNew York : Penguin Press, [2023] _z9780735224223 _w(DLC) 2022035910
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
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