The City of London has never been known for understanding technology and has never matched Silicon Valley's tradition of knowledgeable investment in technology start-ups, just as the U.K. government has never matched the vast investment made by the U.S. government.
Geoff MulganThere are hardly any apprenticeships in care; hardly any schools preparing teenagers for jobs in care; and few signs that politicians know what to do to raise the status and rewards for what will soon be one of our most important industries.
Geoff MulganUnderstanding capitalism is in some ways simple. At its best, capitalism rewards creators, makers and providers: the people and firms that create valuable things for others, like imaginative technologies and good food, cars and drugs.
Geoff MulganIn every capitalist economy there are anti-capitalist movements, activists, and even political parties; in a way, that there are no longer anti-democratic movements, activists, and parties.
Geoff MulganBy international standards, many of the U.K.'s policies for civil society are exemplary. However, there are concerns about constraints on civil liberties - particularly restrictions on free assembly and about the rising tide of everyday regulation has seriously impeded community activity - from organising street parties to helping children.
Geoff Mulgan