Sunday, 23 July 2017
First delivered at the Social Liberal Forum Conference on 15 July 2017
Dani Rodrik, one of my favourite economists – a Turk teaching at Harvard – wrote some five years ago that we may be discovering that democracy is not compatible with unconditional globalization; and that if we have to choose, we must prefer democracy and open society to globalization. I take that as my text, and will explore its implications for Liberals, who believe in open societies and international cooperation but also in individual freedom within settled communities. I have a second text, which is President Macron’s declaration that France must support a market economy, but not a market society’ – which is a good phrase for us to adopt in Britain, when Corbynistas are close to rejecting the market as such and the Conservative right sees the market as governing social provision.