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National politics

What killed capitalism?

If you have an hour or two and want to read something fresh and demanding on the credit crunch I suggest that you read Andrew Lilico’s CPS paper published yesterday. Titled “What killed capitalism?” it gives a stoutly right wing perspective on the credit crunch and how we should approach it. It is well worth a read and echoes my own thoughts that we should have let failed banks fail rather than propping them up with £200 billion of our own money.