Date recorded: 04/10/2012 Debate: This House Believes Capitalism Has Failed PROPOSITION: Professor Andrew Kliman Professor Kliman is a lecturer in economic theory at Pace University and the author of several books on Marxism, including 'Reclaiming Marx's Capital' in which he defends the thinker's labour theory. Leo Impett Leo Impett is a second year engineering student from Cambridge, secretary of the Cambridge University Communist Society and of the Cambridge branch of the Communist Party of Britain. Robert Griffiths Robert Griffiths is the General Secretary of the Communist Party of Britain. He worked as a research officer for Plaid Cymru before joining the CPB in 1984. He has consistently stood as a parliamentary candidate in South Wales. OPPOSITION: John Longworth John Longworth is the Director General of the British Chambers of Commerce. Over the course of his career, he has served as a board Director of Asda group, Tesco and the CWS ltd. Dr Madsen Pirie Dr Pirie is President of the Adam Smith institute, a think tank that advocates classical liberalism. He has worked in the United States Congress and advised former Conservative Prime Minister Sir John Major. Dr Linda Yueh Dr Yueh is a fellow in Economics at St. Edmund Hall, Oxford where she directs the China Growth Centre. In addition to hosting Economic Edge for Bloomberg TV, she has advised the World Bank and the European Commission. The House Divided as Follows: Ayes: 193 Noes: 253 Abstentions: 90