The Financial Times today announces several new appointments to its US, UK and Asia editorial teams.
John McDermott has been named executive comment editor, responsible for editing the FT’s comment pages both in print and online. He will be based in London, reporting to Alec Russell, comment and analysis editor.
McDermott was previously a New York reporter for FT Alphaville, the award winning finance and markets blog. Prior to joining the FT in 2010, he was a policy advisor for the UK Prime Minister’s Policy Units.
The Financial Times today launches Capitalism in Crisis, a new editorial series examining the future of capitalism through agenda-setting articles and commentary that will run in the newspaper and online over the next two weeks.
At a time when opinion polls show public support for banking, finance, and even, more broadly capitalism, plumbing new depths, the FT has consistently led coverage of the ongoing economic and financial turmoil and its sweeping effects. With this series, FT commentators and contributors will delve deep into the current state of capitalism and look to answer important questions, including:
To what extent has capitalism created a system where bankers take all the profits and society underwrites the risks?
What – if anything –can be done to change that?
As the Second Gilded Age sees levels of inequality reach for historic heights, what are the consequences?