t see the uncertainty of the insurer’s solvency。Much is dysfunctional in the US and the UK： a financial sector that turned away from the business sector； then caused its self…destruction； and a business sector beset by short…termism。 If we still have our humanist values we will try to restructure these sectors to make capitalism work well again – to guard better against reckless disregard of uncertainty in the financial sector while reviving innovativeness in business。 We will not close the door on systems that gave growing numbers rewarding lives。The writer is director of the Center on Capitalism and Society； Columbia University； and winner of the 2006 Nobel Prize in Economics。 To join the debate go to ft/capitalismblog