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
Advert



Recent Comments

  • Peter Martin
    @ Joe, "The government does not borrow from itself" ?? It likes to pretend it doesn't but you must be one of the very few to believe them. Tru...
  • Peter Martin
    @ Joe, I'm sure you must be aware that the EU's CAP is history as far as the UK is concerned. In any case it relies on high tariffs to stifle competition. Th...
  • Jeff
    Peter Martin 23rd Oct '21 - 11:55am: There has to be a better way which will involve more direct support to our farmers. This means we pay farmers to...
  • Jason Connor
    That's not the point about compulsory mask wearing it's not their purpose. They have proved to be effective in protecting others, what social liberalism is all ...
  • David Gray
    John Marriott - I think what you're saying taps into a big concern I've had, amplified in the last couple of years. You say that we 'should not' post anonymo...