Is Capitalism Broken? - Yanis Varoufakis, Arthur Brooks, Katrina Vanden Heuvel, David Brooks

'We need to organise politically to defend the weak, empower the many and prepare the ground for reversing the absurdities of capitalism.' - Yanis Varoufakis 'Capitalism over the past twenty-five years has been an incredible moral good.' - David BrooksThe Munk debate on capitalismThere is a growing belief that the capitalist system no longer works. The environment is being destroyed for profits. Inequality is rampant.

Political power is wielded by wealthy elites and big business, not the people. In some western nations, life expectancy is even falling. But for proponents of capitalism, it is the engine of progress, not just making all of us materially better off, but helping to address everything from women's rights to political freedoms.

We seem to stand at a crossroads: do we need to fix the system as a matter of urgency, or would it be better to hold our nerve?