The suddenness and depth of the recession has raised questions about the workability of capitalism not seen since the 1930s. One of the constraints on recovery is the growing belief that if the old model did not work there is no new one on offer. This book sets out to provide one, arguing that reconstructing a bust financial system is not just a technical question. It cannot be done without a wholescale revision of the wider system and values on which it is based. And fairness must be placed at the heart of the new capitalism for society's future wellbeing. Will Hutton's new book musters brilliant, convincing arguments which will lend favour on both right and left. It is set to be a book which captures the mood of the moment in the same way that THE STATE WE'RE IN did.

Author Biography

Will Hutton is Principal of Hertford College, co-founder of the Big Innovation Centre and a columnist for the Observer, where he was Editor, then Editor-in-Chief for four years. He began his career in journalism as economics editor for the BBC's Newsnight and for the Guardian.