The Failed Experiment: and How to Build an Economy That

Book excerpt: In the last thirty-five years, politicians of all parties in government ceded power over fundamental sectors of our economy to a new oligarchy of corporations. Government has become the servant, not the master, of corporate interests. Andrew Fisher describes this as a failed political experiment; an analysis that makes this book very different. It is not about blaming the bankers, or even high powered financiers - though much blame and opprobrium has rightly been apportioned to them. Nor is it a partisan attack on the failures of Conservative or Labour governments. Instead, this is a book about the much larger political crisis that still threatens our living standards - and how we can resolve it.