Tag Archives: samuel pierpoint langley

Nicola Prigg

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

By Nicola Prigg | Thu 19th January 2012 - 4:25 pm

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

…

Continue reading »
Posted in Op-eds | Also tagged , , , , , , , , and | 35 Comments
Advert



Recent Comments

  • Mohammed Amin
    It makes good sense for the Labour Party to put zero effort into trying to win Tiverton and Honiton. It makes equally good sense for our Party to put zero ef...
  • TonyH
    Fantastic news about Dobbie Aldridge. My city couldn't have a better Lord Provost, and on a personal level I'm thrilled for one of the nicest, most hard-working...
  • Jane Ann Liston
    Ian Sanderson it was James II in 1457 who banned golf (and football) because it took people away from practising archery. James III and then James IV also banne...
  • Brad Barrows
    @Martin I’m surprised you do not see the situation with Kosovo as relevant to the discussion. NATO chose to use force against Serbia - without UN authority -...
  • Mick Scholes
    The facebook page for the Tiverton & Honiton by election is below. Lots if very useful information plus photos of the team in action. BUT, I understand we...