This episode brings you part one of our live event, System Error: Should We Fix Capitalism or Abandon It? Chief Economics Commentator at the Financial Times, Martin Wolf, and Greek Politician and Economist, Yanis Varoufakis, debate their views on the future of capitalism. In his new book, The Crisis of Democratic Capitalism, Wolf argues that democratic capitalism remains the best system for human flourishing, while Varoufakis advocates for a post-capitalist world without banks, billionaires, or tech giants. BBC journalist and broadcaster, Ritula Shah, was our host for the night. Parts two and three of this event are available ad-free for subscribers now. For our listeners who don’t subscribe, part two will be available in our next episode. We also have a special bonus episode for subscribers from our series Bright Sparks, where we’ll be hearing from both Yanis and Martin on the creative ideas that make them tick. This event originally took place at the Tabernacle in London on February 9th 2023 and was produced by Executive Producer Hannah Kaye, with editing by Executive Producer Rowan Slaney. — We’d love to hear your feedback and what you think we should talk about next, who we should have on and what our future debates should be about. Send us an email or voice note with your thoughts to [email protected] or Tweet us at @intelligence2. At Intelligence Squared we’ve got our own online streaming platform, Intelligence Squared+ and we’d love you to give it a go. It’s packed with more than 20 years’ worth of video debates and conversations on the world’s most important topics as well as exclusive podcast content. Tune in to live events, ask your questions or watch on-demand, totally ad-free with hours of discussion to dive into. Visit intelligencesquaredplus.com to start watching today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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