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 🤝 Improve your finances with our adviser service - book free consultation: https://makingmoney.email/financial-advisors-video 🎉 Sponsors Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney 🏥 What's your financial health? Take our quiz: https://makingmoneypod.scoreapp.com/ ✉️ Newsletter If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E11 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