The source of capitalism will not be the US, UK or parts of Europe. It will increasingly be countries to the east of where we are currently. I think that was happening in China and over the course of the last 20 years. There was a link between China and the rest of the world that wasn't there 20 or 30 years ago. Think about the changes in say India or parts of Latin America,. again huge changes coming through, which are creating a new form of capitalism.
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In this episode we take a look back to an Intelligence Squared debate recorded in 2009. As the British economy has been plunged into uncertainty in the past week, many have become sceptical of new Prime Minister Liz Truss's plans for financial growth. But what did people have to say in 2009 about the balance between market and state? Chaired by the impressionist and comedian Rory Bremner, we hear from journalist Paul Mason, economist Stephen King, political scientist Ian Bremmer and the 19th prime minister of Canada Kim Campbell.
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