Carmen Calvo Says Unchecked Capitalism Is Weakening Democracies

Former Spanish deputy prime minister Carmen Calvo issued a warning. She said uncontrolled capitalism is eroding democratic strength. Calvo emphasized that the current economic model lacks regulation. She argued this trend leaves democracies “weakened.” The statement reflects concerns about social inequality. Calvo called for measures to rein in excesses of the market. Her remarks came amid broader debates on economic policy. Observers will watch how policymakers respond to her call.