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Trekonomics

The New Statesman in December 2016 had Yo Yushi visit a Star Trek convention in Birmingham where he recalls amongst other things," In a 1988 episode of The Next Generation, the captain of the USS Enterprise, Jean-Luc Picard (Patrick Stewart), lectures a 20th-century executive who has been defrosted from cryogenic preservation about the Federation’s economic beliefs.

“A lot has changed in the past 300 years,” he says. “People are no longer obsessed with the ­accumulation of things. We have eliminated hunger, want, the need for possessions.”


  The businessman protests that without money his life would have no purpose. Picard responds that “the challenge” of life is merely to “improve yourself”, and to “enjoy it”. If that sounds striking today, it was doubtless more so when the episode first aired in the United States, just a year after Gordon Gekko’s “greed is good” speech in Wall Street gave the free-market Washington consensus its most abiding slogan.

 Socialists of …