James Kirkup, published 30th December 2019
“Without realising it the free-market West, most notably the US and the UK, has sleepwalked into a species of financial crony capitalism that has disguised economic reality, shielded underperformance, cosseted poor management and leached away value.”
In 2011, a junior Conservative MP published a pamphlet, The Case for Real Capitalism, which anatomised the failures that led to the global financial crisis and — by implication — the policy responses that followed. Jesse Norman had been elected for the first time the previous year, and no one took much notice of his work; but looking back, he may well be considered a prophet whose foresight ought to have been perceived by his own party.
https://unherd.com/2019/12/the-tories-should-have-listened-to-jesse-norman/