A capitalist economy dominated by the financial services industry only benefits a predatory plutocracy who cream off the riches says Robert Skidelsky in a new book. In this extract from their book How Much is Enough? Robert and Edward Skidelsky argue that our current economic system of Darwinian capitalism has abandoned any interest in the social outcome of growth. they suggest alternative strategies to a market-based policy of growth, favouring non-coercive paternalism, which could reduce pressure on individuals to consume and work long hours.
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