Fixing The Crises In Capitalism & Democracy

Martin Wolf, the 2024 author of “The crisis in Democratic Capitalism” does not believe that the crises can be “fixed”. Instead, he sees the need for them to be managed to avoid autocracy, plutocracy, or climate catastrophe. Professor Colin Mayer believes otherwise. His 2024 book is about “Capitalism and Crises: How to Fix them”. Shann Turnbull’s, 1975 book on “Democratising the wealth of nations”, proposes a self-financing tax incentive (p. 90) to democratise and purify capitalism and democracy. But only for humans that may survive our ghastly future environmental degradation.

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