One of the big debates at Davos this year will concern the future of capitalism. But the system that is now in crisis is not capitalism, but corporatism, which chokes off the dynamism that makes for engaging work, faster economic growth, and greater opportunity and inclusiveness.
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NEW YORK – The future of capitalism is again a question. Will it survive the ongoing crisis in its current form? If not, will it transform itself or will government take the lead?