Understanding 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 MulganBefore the Second World War, L'Oreal in France was an active supporter of the French fascists. The cosmetic group's founder Eugene Schueller was an active member of the 'Cagoule' group, committed to the violent overthrow of the Third Republic, and hosted meetings at Oreal headquarters.
Geoff MulganAs with products on supermarket shelves, the public has a right to know where their financial products and services come from.
Geoff MulganEven many of the teenagers who feel confident on navigating the web simply don't have the skills needed to 'write and create' digital tools, not simply consume them.
Geoff MulganSo is civil society prepared for the future? Probably not. Most organisations have to live hand to mouth, juggling short-term funding and perpetual minor crises. Even the bigger ones rarely get much time to stand back and look at the bigger picture. Many are on a treadmill chasing after contracts and new funding.
Geoff Mulgan