Why you should watch: This new book by two of the UK's leading economists is a pretty coruscating attack on the intellectual underpinnings of red-in-tooth-and-claw capitalism - the kind of capitalism epitomised (perhaps unfairly) by Thatcherism and Reaganism, and built on the cult of the individual. Their argument is that successful economies are always a mix of competition and cooperation, and that if we don't get the mix right there can be (indeed, has been) a drift towards extremism and 'tribalism'. What they are calling for is a return to the kind of communitarianism reflected 200 years ago by Titus Salt - obviously updated to fit with a post-Covid world. That means a greater role for mutuality, for devolving economic and political power (and autonomy) to regions, cities and localities, and for a closer connection between individuals and the communities in which they live and work.

Moderator: Andrew Hilton (Director, CSFI)

Panellists:

Paul Collier is Professor of Economics and Public Policy at the Blavatnik School of Government at Oxford. He is a former Director of Research at the World Bank, and is the author of many important books, including The Bottom Billion, Exodus: How migration is changing the world, and The Future of Capitalism.

John Kay is a Fellow of St John's College, Oxford. He was the founding head of the Said Business School at Oxford, and also the first director of the Institute of Fiscal Studies. He is the author of The Truth About Markets and many other books.

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