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 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 MulganOver 5,000 years, states have made surprisingly consistent claims about their duties. They have promised to protect people from threats; promote their welfare; deliver justice and also, perhaps less obviously, uphold truth - originally truths about the cosmos, and more recently truths drawn from reason and knowledge.
Geoff Mulgan