The future of capitalism: facing the new anxieties

From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it.

Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries.

As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy.

So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany.

We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now.