“Is that to say we are against Free Trade? No, we are for Free Trade, because by Free Trade all economical laws, with their most astounding contradictions, will act upon a larger scale, upon the territory of the whole earth; and because from the uniting of all these contradictions in a single group, where they will stand face to face, will result the struggle which will itself eventuate in the emancipation of the proletariat.”
Karl Heinrich Marx · Marx-Engels Collected Works, Vol. VI, p. 290
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In his latest book, FT columnist and Keynesian guru Martin Wolf, starts from the premise that capitalism and democracy go together like a hand in a glove. But he is worried. “We are living in an age when economic failings have shaken faith in global capitalism. Some now argue that capitalism is better without democracy; […]
The crisis of democratic capitalism
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