Economist Paul Collier lays out his idea for restructuring capitalism to heal modern-day divisions and restore equality.

Capitalism is an economic model that is either much maligned or much celebrated, with people's views tending to align with how they themselves have fared under this system.

Over the years, many economic reformers have suggested entirely new social and financial systems that would solve the problems of modern society. Development economist Paul Collier cares less about radical new ideas and more about reforming old ones.

In his October 2018 book, The Future of Capitalism, Collier blames contemporary capitalism for many of the rifts in modern society.

Citing philosophers, economists, and political theorists, Collier suggests revamping the system to promote equality, social cohesion, and productivity.