The case for beauty

Capitalism needs to serve a higher goal than return on investment, says Danny Kruger

Important research published last week by the Legatum Institute shows the ocean of understanding that now separates the British public from the key tenets of capitalism. A large majority want the nationalisation of industry and infrastructure; 50 per cent want state ownership of the banks. The doctrines of free trade, competition and sound money have not been so unpopular for generations.

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