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HARDtalk: Luigi Zingales

22/01/2015 GMT

Luigi Zingales

BBC News - HARDtalk, Luigi Zingales

Stephen Sackur speaks to economist Professor Luigi Zingales.

Professor Luigi Zingales believes that American capitalism is in crisis and thinks that it must "rediscover and renew its moral foundation". Can it really mend the American dream?

American capitalism is in crisis - that's the view of Professor Luigi Zingales. He blames the links between big government and big business. For the man who cites Margaret Thatcher as his hero, his answer is more competition; more free markets; an end to subsidies and lobbying and less privilege for the few. That's the way he says that capitalism can "rediscover and renew its moral foundation". So can it really be the answer to tackling inequality and mending the American dream?

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