The Spillover

Two Brits Unpack America’s 250th Birthday + The Cultural Civil War

July 1, 2026·47 min
Episode Description from the Publisher

America’s 250th birthday is the talk of the nation. But the more important story might be what the milestone reveals about the fragile bargain between democracy and markets, and whether the republic can survive its own cultural divisions.   Host:   Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics, Council on Foreign Relations (CFR)   Guest:   Martin Wolf, Chief Economics Commentator, Financial Times   Mentioned on the Episode:    Martin Wolf, The Crisis of Democratic Capitalism: A Diagnosis of Decline and Prescription for Repair    Want to keep up with The Spillover? Sign up to receive an email alert when new episodes are released.   The Spillover is a production of the Council on Foreign Relations. The opinions expressed on the show are solely those of the hosts and guests, not of the Council, which takes no institutional positions on matters of policy.

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