Financial crisis proves strength of capitalism live debate, RIBA 2011.

The financial crisis only proves the strength of capitalism

08 Feb 2011

Speakers: Will Hutton, Tony Curzon Price, Anatole Kaletsky

This debate took place at RIBA on the evening of 8th February 2011. Full video is now available.

Alternatively, you can listen to full audio coverage of the debate on the player below.

Event information:

How badly wounded is modern capitalism by the financial crisis? Is it mortal or just a flesh wound? Will the state have to expand its powers and take on new responsibilities for jobs, investment, financial regulation and redistribution as we limp out of recession? And was the success of laissez-faire of the last 30 years just illusion built on unstable mounds of borrowing? Or was real wealth-creation unleashed? Does the crisis just point to the work that still needs to be done to make the capitalist-democratic state more nimble, smaller, less bureaucratic? Will that finally demonstrate the superior values of freedom and decentralisation over authoritarian economic models to the East? Crossing swords on these pivotal issues are Anatole Kaletsky, principal economic commentator for The Times and Will Hutton, Observer columnist and author of The State We’re In.... and of course you, the Intelligence Squared audience.