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Realistic Utopias versus Dystopic Realities – Oxford University, Taylor Lecture, 12/2/2019

Summary:
The Faculty of Medieval and Modern Languages, Oxford University, kindly invited me to deliver the 2019 Taylor Lecture on 12th February 2019. In my book was addressed to my daughter regarding the economy I tried to offer her a simple, though not simplistic, account on how capitalism works and how it fails. Critics, correctly, pointed out that the book’s criticisms of capitalism (couched in parables borrowed from literature, theatre and science fiction) never really answered the pressing question: “But what’s the alternative? Could social and economic relations be substantially different given human nature and really existing technologies?” In this lecture I shall speak both to the difficulties in answering this

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An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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