capitalism

The old capitalism has had its day, says David Cameron's 'philosopher king'

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Phillip Blond has become one of the Conservatives' most influential figures

Phillip Blond, who has become one of the Conservatives' most influential figures, will appear alongside the Tory leader to argue that Britain's fractured society must be rebuilt around community values. Launching his think tank, ResPublica, with the Tory leader on Thursday, he will say ordinary working people have been crowded out from wealth and entrepreneurship by a 'libertarian' understanding of free markets.

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From Spend to Investment

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Essential Welfare Reforms for the 21st Century

Over the last 30 years the Anglo-Saxon world has adopted the most disingenuous of economic systems. Under the guise of capitalism for all, we have produced monopoly benefits for the few and wage serfdom for the many. Via an undue focus on nominal speculation rather than real investment, an extraordinary amount of wealth has been generated by capital and exchange rate arbitrage, but rather than trickling downwards to nourish the real economy this wealth has leveraged upwards further enriching the already wealthy and pricing out of the investment market all those who cannot amass such advantage.

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