A way of driving growth that avoids the corporate excesses of the past and addresses disparities in wealth and reward that are simply unfair - that is the holy grail of British politics today. The search appears under many rubrics: curbing crony capitalism, boosting boardroom responsibility, securing a fair deal for the squeezed middle.
In the last 10 days all three leaders of the main political parties have staked their claim to pushing a new, more responsible kind of capitalism. Yesterday Deputy Prime Minister Nick Clegg made the most substantive contribution to this debate so far.
Calling for a renewed focus on employee ownership in the UK economy, Mr Clegg pledged to identify a number of measures over the coming months to help ordinary employees hold a real stake in the companies for which they work.
In so doing he articulated a realistic path to giving more people a direct stake in the country's economic recovery - boosting growth whilst at the same time doing something about that intractable fairness issue. He should be applauded. For employee-owned businesses, which come in many different forms, are models of responsible capitalism - not just superficially, but in depth.