The Paradox of Capitalism

The paradox of capitalism is that unless it is buttressed by collective and social institutions that share and distribute risk fairly, provide a social contract for its people and generate opportunity, it degenerates into what we are living through – business leaders preoccupied with their own remuneration, consumers frightened to spend, sectors such as banking bloated by vast, hidden subsidies and a poverty of innovation and investment. Will Hutton 04.12.11


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s