We have moved, within a decade, or so, from “capitalism is in a terminal crisis”, to “how do we save capitalism from itself?” This is either the last kick of a dying horse, or there is a distinct possibility that capitalism will be “saved”. 

As I may have mentioned previously, I am not so sure that capitalism will die anytime soon. At the edge of fantasy, I would venture to say that the wealthiest and most powerful capitalists would force capitalism underground, so to speak. Think shadow banking or offshore accounts in privately owned islands.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now