Martin Wolf

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, and what can be done to reverse this terrifying dynamic

Martin Wolf has long been one of the wisest voices on global economic issues. He has rarely been called an optimist, yet he has never been as worried 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 threatened, even in democracy’s heartlands, the United States and England.

Around the world, powerful voices argue that capitalism is better without democracy; others 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 of capitalism from democracy would be a calamity for the world. They need each other even if they find it hard to life together.

For all its flaws, argues Wolf, democratic capitalism remains far and away the best system for human flourishing. But something has gone seriously awry: the growth of prosperity has slowed, and the division of its fruits between the hypersuccessful few and the rest has become more unequal. The plutocrats have retreated to their bastions, where they pour scorn on government’s ability to invest in the public goods needed to foster opportunity and sustainability. But the incoming flood of autocracy will rise to overwhelm them, too, in the end.

Citizenship is not just a slogan or a romantic idea; it’s the only idea that can save us, Wolf argues. Nothing has ever harmonized political and economic freedom better than a shared faith in the common good.

This wise and rigorously fact-based exploration of the epic story of the dynamic between democracy and capitalism concludes with the lesson that our ideals and our interests not only should align, but must do so, for everyone’s sake. Democracy itself is now at stake.

The Crisis of Democratic Capitalism

Provides the complete picture of the global financial crisis, highlighting the existing frailties in the financial system that make more shocks possible and explains ways to make things more stable.

What We've Learned--And Have Still to Learn--From the Financial Crisis

The Shifts and the Shocks

"Meticulous, well-structured, and persuasive." Martin Vander Weyer, Spectator

Why Globalization Works

Krachtig pleidooi voor de instandhouding van het democratisch kapitalisme Toen de Berlijnse Muur in 1989 viel, zegevierde het westerse democratisch kapitalisme. Democratie en kapitalisme verspreidden zich in rap tempo over de hele wereld en onder de bevolking overheerste een gevoel van triomf. Nu, meer dan een kwarteeuw later, wordt de westerse wereld geconfronteerd met een financiële crisis, heerst er een groeiende ongelijkheid en is de onvrede groot. Er gaan krachtige stemmen op dat het kapitalisme beter af zou zijn zonder democratie, terwijl anderen juist het tegendeel beweren. In De crisis van het democratisch kapitalisme geeft Martin Wolf een overtuigend weerwoord op beide standpunten. Hij biedt een diepgaande en heldere visie op het steeds wankelere huwelijk tussen kapitalisme en democratie – en maakt duidelijk waarom een scheiding een vrijwel onoverkomelijke ramp zou zijn. Martin Wolf is Chief Economics Commentator van de Financial Times. Hij heeft een eredoctoraat aan de London School of Economics, is Honorary Fellow aan Nuffield College in Oxford en is lid van de International Media Council van het World Economic Forum. Voor zijn werk ontving hij meerdere prijzen.

De crisis van het democratisch kapitalisme

Uwe Bovensiepen

Hrvoje Petek

This two-volume work covers ultrafast structural and electronic dynamics of elementary processes at solid surfaces and interfaces, presenting the current status of photoinduced processes. Providing valuable introductory information for newcomers to this booming field of research, it investigates concepts and experiments, femtosecond and attosecond time-resolved methods, as well as frequency domain techniques. The whole is rounded off by a look at future developments.

Volume 1 - Current Developments

Dynamics at Solid State Surfaces and Interfaces

Ursula Wolf

Sabine Van Huffel

Hans Ulrich Bucher

Markus Rudin

Duane F. Bruley

David K. Harrison

Based on the 38th annual conference of the International Society on Oxygen Transport to Tissue (ISOTT), held in Ascona, Switzerland in July 2010, this volume covers all aspects of oxygen transport from air to the cells, organs and organisms; instrumentation and methods to sense oxygen and clinical evidence.

Oxygen Transport to Tissue XXXIII

Jürgen Renn

Dieter Hoffmann

Bretislav Friedrich

Florian Schmaltz

This book is open access under a CC BY-NC 2.5 license. On April 22, 1915, the German military released 150 tons of chlorine gas at Ypres, Belgium. Carried by a long-awaited wind, the chlorine cloud passed within a few minutes through the British and French trenches, leaving behind at least 1,000 dead and 4,000 injured. This chemical attack, which amounted to the first use of a weapon of mass destruction, marks a turning point in world history. The preparation as well as the execution of the gas attack was orchestrated by Fritz Haber, the director of the Kaiser Wilhelm Institute for Physical Chemistry and Electrochemistry in Berlin-Dahlem. During World War I, Haber transformed his research institute into a center for the development of chemical weapons (and of the means of protection against them). Bretislav Friedrich and Martin Wolf (Fritz Haber Institute of the Max Planck Society, the successor institution of Haber’s institute) together with Dieter Hoffmann, Jürgen Renn, and Florian Schmaltz (Max Planck Institute for the History of Science) organized an international symposium to commemorate the centenary of the infamous chemical attack. The symposium examined crucial facets of chemical warfare from the first research on and deployment of chemical weapons in WWI to the development and use of chemical warfare during the century hence. The focus was on scientific, ethical, legal, and political issues of chemical weapons research and deployment — including the issue of dual use — as well as the ongoing effort to control the possession of chemical weapons and to ultimately achieve their elimination. The volume consists of papers presented at the symposium and supplemented by additional articles that together cover key aspects of chemical warfare from 22 April 1915 until the summer of 2015.

One Hundred Years of Chemical Warfare: Research, Deployment, Consequences

Sharply and clearly argued, Wolf’s prescription for fixing global finance illustrates why he has been described as "the world's preeminent financial journalist."

Martin Wolf

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