Paul Collier: "To be profitable is a necessary condition, but it's not the purpose of a company."

In this episode of PFI Talks, Oxford economist and bestselling author Paul Collier shares his most powerful insights on inequality, left-behind places, and the future of capitalism in the West. As Professor at the Blavatnik School of Government at the University of Oxford and author of global bestsellers The Bottom Billion, The Future of Capitalism, and Left Behind, Collier explains why dignity comes from earning rather than handouts, how a "we society" became a "me society", why the UK's London-centric economy has failed its provincial cities like his native Sheffield, and how devolved finance and Michael Sandel's idea of contributive justice can give "left-behind" places a credible future. A wide-ranging, candid conversation with one of today's most influential voices on the political economy of inequality. Jiří Zatloukal, financial journalist at Seznam Zprávy and contributor of PFI Talks, talked with Paul Collier.