- Tuesday, 9 October, 2018
18:00 - 19:30
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The launch of: “The Future of Capitalism: Facing the New Anxieties” by Paul Collier.
Opening remarks by Rt Hon Liz Truss MP, Chief Secretary to the Treasury, followed by a panel discussion between Collier, Jon Cruddas MP, economist Paul Ormerod, and Policy Exchange Head of Economics Warwick Lightfoot.
About Policy Exchange’s new focus
Policy Exchange’s new focus on prosperity is a clear response to the great economic challenges of our time. How can we improve productivity, which is the engine that drives growth and ever-higher standards of living? How can we ensure that as many people as possible have a share in the prosperity of the nation? And how can we encourage entrepreneurship and innovation, which is so central to modern capitalism and the great enrichment that it has delivered? We hope to offer answers to these questions and many more in the search for a new national consensus.
About the book
Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany.
In a passionate and polemical book, economist Paul Collier outlines original ways of healing these rifts – economic, social and cultural. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession.
Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself – and free ourselves from the intellectual baggage of the 20th century.