Homework: Markets and Democracy
Readings:
(i) Martin Wolf (2016). "Democratic capitalism is in peril", Financial Times, 31st August, 2016.
(ii) Helen Milner (2021). "Is global capitalism compatible with democracy? Inequality, insecurity, and interdependence", International Studies Quarterly.
Task
o What, according to Martin Wolf, are some features of liberal democracy? (word limit: 25)
o What, according to Wolf, has played a role in legitimising capitalism in the past? (word limit: 25)
o Helen Milner uses the term "illiberal democracy"; what are the hallmarks of illiberal democracies? (word limit: 50)
o Helen Milner uses the term "populism"; describe the characteristics of populism. (word limit: 100).
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.