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Michael Portillo: Capitalism on trial

We missed the first segment. The second segment was terrific, and quite positive - as a person would be about any system which had lifted several billion people out of abject poverty.

Hernando de Soto makes the point that when markets do not know the worth of what they're selling - due largely to a tangled skein of lies and wishful thinking - we'll have problems. And we do.

A former Conservative Party politician and Cabinet minister, Michael Portillo has done good work here.

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