Charles Seaford will be speaking on his new book Why Capitalists need Communists.
Market liberalism is the view that government intervention should be limited to correcting clearly defined market failures and injustices, and that these interventions should be incremental rather than structural. This approach, successful for a while, has now failed, leading to populism and a continuing environmental crisis. The alternative is a more active state, working more closely with the private sector to plan the economy. This requires entirely feasible changes in the investment industry and to corporate governance, but also a new moral foundation for the associated politics, sufficient to bind together the alliance between insiders and outsiders that history shows is always needed for radical change – and the other main condition for which (discontent in part of the elite) also now exists. This morality will replace the utilitarianism that underpins market liberalism: it holds that the good life is one where the individual has good relationships (with people, work, nature etc) as opposed to good experiences. Such an individual may be said to flourish.
Charles is Director of An Economy that Works, an alliance of businesses promoting polices to advance sustainability, social justice and wellbeing, and a consultant to the World Future Council. He was formerly Head of the Centre for Wellbeing at NEF where he led projects on wellbeing, indicators, housing and industrial policy. Before that he was an advisor at the Sustainable Development Commission and an organisational change consultant. He co-founded Prospect magazine, has an MBA from London Business School and a BA from Oxford.
This talk will be followed by a drinks reception.
Booking for this event will open in August.
Image: CC-BY-NC 2.0 :: Rumena Zlatkova / Flickr.com