. . . called The Crisis of Democratic Capitalism, and he was interviewed by Rob Johnson on the Economics & Beyond podcast. Here’s a quote from 50:20 in the pod (my transcription, done before I saw the official transcript at the link):
Now a core thesis of my book . . . is that If you want a capitalist order, and if you want democracy . . . then you must accept that the free market will have to be contained within and tempered by an active state which provides fundamental security to all its citizens because it’s something they’re all going to demand . . . and that where fundamental problems arise of all kinds environmental . . . problems with bringing up children, social problems of severity . . . the state exists as an insurance mechanism, as an
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