Jesse Norman

Getting back to real capitalism - 16 December 2011

Submitted by RuthPorter
on Fri, 12/16/2011 - 16:40

Jesse Norman writes about his new paper The Case for Real Capitalism for Conservative Home.

 

The US economy is stagnating. The Eurozone is in turmoil. The UK may be dragged back into recession. The present crisis is not a mere economic downturn, but a fundamental loss of value, caused by excessive financial speculation and foolish political decision-making over decades. 

 

Nevertheless, we must never forget that capitalism is the greatest tool of economic development and social advance ever known. Korea used to be one country.

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Jesse Norman
Capitalism
values
economic

The Case for Real Capitalism - 15 December 2011

Submitted by RuthPorter
on Wed, 12/14/2011 - 17:35

In a new paper released today The Case for Real Capitalism Jesse Norman MP argues that Britain needs to return to real capitalism after more than a decade of crony capitalism. Specifically: 

  • Capitalism is the greatest tool of economic development, wealth creation and social advance ever known. In capitalism, owners of intellectual, financial or human capital are enabled to earn reward for putting their capital at risk in open and generally free markets.
  • The case for capitalism is not just economic and social; it is also moral.

Contact: Kwasi Kwarteng MP on 020 7219 4017 or kwasi.kwarteng.mp@parliament.uk

 

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