The Future of Capitalism and the Ethics of Reciprocity, with Sir Paul Collier

Sir Paul Collier is the author of eight polemical works including The Bottom Billion (2007), The Plundered Planet (2012) and Exodus: How Migration is Changing Our World (2013). His eighth book The Future of Capitalism: Facing the New Anxieties was published in 2018. It addresses the split across Western societies between a middle class of highly mobile professionals and a working class rooted in provincial cities that have been left behind. The only thing that can save us from deepening this divide, he believes, is a return to pragmatism that places a premium on belonging, obligation and reciprocity from the private firm to the nuclear family. Paul is professor of economics and public policy at the Blavatnik School of Government at the University of Oxford.

Follow The Booking Club:


Twitter: @bookingclubpod

Instagram: @bookingclubpod

Facebook: @bookingclubpod

TikTok: @bookingclubpod

00:00 Industrial capitalism increased productivity but impacted life expectancy.
06:42 1945-1970 epitomized reciprocal obligations, now eroded.
10:20 Economics creates lazy, greedy, consumption-focused individuals.
12:22 Importance of rule of law in London.
17:15 Centrism fosters pragmatism for societal benefits.
18:18 Pragmatic approach to fix societal problems overdue.
22:38 Couple adopts kids despite practical considerations.

• #entertainment
• #jack_aldane
• #the_booking_club
• #sir_paul_collier
• #rocker
• #italian_restaurant
• #south_kensington
• #london
• #the_future_of_facing_the_new_anxieties
• #pauls_latest_book
• #childhood
• #family
• #personal_tragedies
• #social_divides
• #sheffield
• #agglomeration
• #social_democracy
• #history
• #industrial_capitalism
• #reciprocal_obligations
• #responsible_firm
• #responsible_citizen
• #milton_friedman
• #economics
• #economic_ideologies
• #land_value_tax
• #social_maternalism
• #pragmatism
• #centrism
• #politics
• #national_identity