Requiem for Liberal-Democratic Capitalism

In a recent editorial in the "Financial Times," the eminent British economics writer, Martin Wolf, warned that Liberal Democracy and Capitalism are heading for a cataclysmic rupture! In this episode, "Requiem for Liberal-Democratic Capitalism," we agree with Wolf's assessment, but argue that Mr. Wolf's analysis is at least two years late to the party. There can be no immanent rupture between Liberal-Democracy and Capitalism because these ideas no longer exist in the way that most people think they do. More interesting in Wolf's essay are his predictions for what is coming. Sorry again, Mr. Wolf, we are already there.