Tag Archives: samuel pierpoint langley

Opinion: “Capitalism is a great success story.” Really, Nick?

On Monday, Nick Clegg gave a speech on responsible capitalism. This was his first real foray into the debate since it has erupted as a major talking point, even though we as a party have been arguing the need to reform capitalism before it was cool.

Before criticising capitalism, he praised it by saying this:

Capitalism may be today’s political punchbag, but let’s take a long view: it’s one of history’s great success stories. No other human innovation has driven progress  and raised living standards so consistently. Markets catalyse ideas, invention and experimentation. When they work well, they are meritocratic and

Posted in Op-eds | Also tagged , , , , , , , , and | 35 Comments
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  • User AvatarJonathan Coulter 6th Dec - 12:47pm
    Thanks Paul Reynolds, I found this a very helpful summary of the situation
  • User AvatarGlenn 6th Dec - 12:45pm
    When the Lib Dems were in the coalition and I used to point this out about Boris on LDV during the London Mayoral elections I...
  • User AvatarJonathan Coulter 6th Dec - 12:29pm
    One of the Mail's leading columnists, Peter Oborne, had a Pauline moment when he switched sides and became Remainer. I would be good if other...
  • User AvatarGlenn 6th Dec - 12:14pm
    The printed press is dying and has been for years. Not many people read newspapers anymore. They're all heading towards going online and there virtually...
  • User Avatarnvelope2003 6th Dec - 12:07pm
    After 2 years of chaos with a hung parliament I do not think many voters would want another one so what option was there ?...
  • User AvatarBarry Lofty 6th Dec - 11:55am
    We should not be making deals with either the Tories or Labour whilst their present leadership's are in control. A plague on both their houses!
Tue 10th Dec 2019