The thirty-year long experiment in market capitalism has failed to unleash a new era of enterprise, entrepreneurialism and dynamism, argues Stewart Lansley. Examining key areas in which the market model was supposed to deliver, he finds that, on almost every count, post-war “managed capitalism” outperformed it successor.
Stewart Lansley
is a research fellow at the Townsend Centre for International Poverty Research, University of Bristol, and the author of The Cost of Inequality: Three Decades of the Super-Rich and the Economy, Gibson Square 2011.
