Reliance on the market is misplaced - Planning for an older population

There are myriad examples of how that vague, mercurial entity “the market” has not delivered on the promise of the better future its champions assured us was inevitable once we placed our faith in investors and entrepreneurs.

Competition, they promised, was the catalyst that would turn the tide and lift all boats. Our housing crisis, our struggling two-tier health service, runaway insurance costs — not to mention the unaccountable tech giants and the banks — and the blank-cheque broadband fiasco show how misplaced that optimism was and is.