18 Nov 2019

What is happening to modern capitalism?

Political Editor

‘The constant revolutionising of production, everlasting uncertainty and agitation – all fixed relations are swept away, all that is solid melts into air.’

If that sounds like the non-stop pace of our high-tech modern world – it was actually Karl Marx’s description of capitalism, 170 years ago.

But today’s critics of the onward march of free enterprise are not just confined to the far left – some traditional champions of the market economy are also calling for a rethink.