Contrary to the views of Marxist activists such as Joti Brar, Capitalism is changing for the good. The ugly, greedy version of this system is giving way to a new, communitarian capitalism argues Paul Collier.
Over the past 40 years, capitalism has derailed, degenerating into greed. Fortunately, the ideas that drove that derailment are at last being discredited. We are living at the turning of the tide - a moment of intellectual inflection as the mantras of individualism are being displaced.
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