DAVID MARQUAND

The capitalist free market is a marvelous servant but a disastrous master. In one of the greatest achievements of the second half of this [the 20th] century, a few favored societies learned to convert it from master to servant. The danger now is that a smug and vainglorious capitalism will not remember the lesson.

The capitalist free market is a marvelous servant but a disastrous master. In one of the greatest achievements of the second half of this [the 20th] century, a few favored societies learned to convert it from master to servant. The danger now is that a smug and vainglorious capitalism will not remember the lesson.