Rotten barrels or rotten apples?

Can global capitalism be reformed? Geoff Moore spoke on the subject to Northumbria Area Meeting. Pam Ratcliffe reports

by Pam Ratcliffe 11th January 2013

Is it possible to consider the market economy as a school for virtues? This was one of the opening questions given by Geoff Moore when he spoke to Northumbria Area Meeting at an event organised by the Economic Justice Group in late 2012. Geoff is an Anglican lay reader and professor of Business Ethics at Durham University. His concerns focus on global capitalism and the need to reform. In his talk he outlined the causes of the recent financial crises, different models of capitalism and possible ways to restore the economy to a virtuous circle.