Should we put our faith in the market, or in people and public control?
Hear from those below, and then find out what we think.

Click on a head...

David Cameron
UK prime minister

Milton Friedman
American economist

Ayn Rand
Russian-American philosopher

Alan Greenspan
American economist
I believe that open markets and free enterprise are the best imaginable force for improving human wealth and happiness. And I would go further: where they work properly, they can actually promote morality.
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Progress could be achieved only in an order in which government activity is limited primarily to establishing the framework with which individuals are free to pursue their own objectives.
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America’s abundance was created not by public sacrifices to 'the common good,' but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes.
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Markets are an expression of the deepest truths about human nature and... as a result, they will ultimately be correct.
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What happened:
Current trade rules allow big corporations to run roughshod over people's rights – a very perverted morality. In fact all successful trading nations, from Britain to South Korea, developed by protecting their industry, not open markets. When many African countries rapidly opened markets in the 1980s and 90s their economies collapsed.
What happened:
The private sector wouldn't function without public support. In the UK subsidies given to big business amounts to £85 billion a year - and that's without the bank bailout. Meanwhile, public provision works: in Cambodia, public provision increased water access from 25 to 90% in 12 years while public Scottish Water is the cheapest and among the most efficient in the UK.
What happened:
Since 1981, Rand's philosophy has led to extraordinary inequality: 80 people own almost as much wealth as half the world's population while the number of people in poverty in sub-Saharan Africa has almost doubled. While ordinary people endure austerity, the richest 300 people became richer by 16% in 2013.
What happened:
Greenspan's religious faith in free markets led straight into the financial crash, leaving him in “a state of shocked disbelief” in his own words. The crash cost the global economy trillions of dollars, and the UK alone gave hundreds of billions of pounds in support to failed banks.
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