Political Capitalism

Empires rise, decline, and fall. History has witnessed this cycle with the Romans, the Ottomans, and the British. They have all toppled, and if we are not careful, the US will be the next. Many of today’s enterprises are a gaggle of debt-addicted extreme financial engineering frogs floundering in tepid snake oil. Unfortunately, many will find their demise in the clutches of IP vultures. If we don't play our trump cards right, the next voracious empire—the Middle Kingdom of China—will consume us.

From the bottom to the top of our economy, capitalism is too blunt an instrument to tackle Britain's epidemic of inequality. Soaring rents, unfair taxation and a growing gig economy have brought about unprecedented economic shame: Amazon warehouse workers living in tents, nurses turning to foodbanks, London firemen commuting hundreds of miles to work. Even those higher up the ladder are losing their grip on the life they were promised.