Unbridled capitalism favors the survival of the fittest even if it means pushing other people into destitution and starvation, creating untold suffering for animals and the natural environment, and depleting and destroying the natural resources of our world.

The PICNIC 2012 series. The Renegade Economist speaks with Tim O'Reilly, from O'Reilly Media about the emerging 'sharing economy' and his thoughts on the future shape of economics.

Two things caused me to start thinking about this topic today.  The first was Attorney General Eric Holder’s announcement that he wants Americans to snitch on people committing Intellectual Property crimes on the internet.  The second was the ads in free iPhone apps.

State Licenses for certain occupations have long been a rallying cry for libertarians, and have recently been one of few areas where they find common ground with left leaning economists.  

Was the Cold War a battle between capitalism and socialism?

David Morgan talks to us about the revolution of alternative education. It's not about owning 'stuff' - it's about owning ourselves.

Picture the scene – July 2011 a marketing get together in London. 

It was Herbert Spencer who first coined the term 'survival of the fittest' but that is not the optimum way for a healthy society to function. 

Economic destruction and inept Baby-Boomer leadership will empower a generation to step up and assume the virtues necessary to establish a more agreeable and inclusive society.     

When Rowan Williams and Dr John Sentamu attacked the plutocrats the story ripped around the world.

The Archbishop of Canterbury quoted Karl Marks, and The Archbishop of York condemned the ‘bank robbers’. The archetypal story ticked all the boxes. Good stands firmly on the moral high ground and attacks evil. Evil is vanquished. The system is cleansed. Good - and in this case - God have triumphed. We all live happily.

The proverbial fly in the ointment is The Church of England’s financial arm - The Church Commissioners. They turned to currency hedging in 2007 to protect some of the churches £5.7 billion central assets. Effectively they were short-selling sterling in the currency markets - not to speculate against falling currencies for profit – but to guard the value of their funds. Whether preserving wealth or making money why do you see the speck that is in your brother's eye, but don't consider the beam that is in your own?