There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that.

There is no such thing as a free market.

Countries are poor not because their people are lazy; their people are 'lazy' because they are poor.

Democracy and markets are both fundamental building blocks for a decent society. But they clash at a fundamental level. We need to balance them.

Financial markets need to become less, not more, efficient.

A well-designed welfare state can actually encourage people to take chances with their jobs and be more, not less, open to changes.

The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according to his worth, is a myth. Only when we part with this myth and grasp the political nature of the market and the collective nature of individual productivity will we be able to build a more just society in which historical legacies and collective actions, and not just individual talents and efforts, are properly taken into account in deciding how to reward people.