My Bottom Line: Jon Moulton, Better Capital

17 October 2012 Last updated at 05:54 ET Help

Jon Moulton is the founder and chairman of the private equity firm Better Capital LLP.

He says we need more failure if we are to overcome the recession.

Jon says failing countries, failing banks and failing companies have not been allowed to go bust - which is what has previously happened. The Darwinian element of the economy is not working.

This means bad business models are allowed to keep operating, and this keeping productivity down.

Jon appeared on The Bottom Line which is broadcast on BBC Radio 4 and BBC World Service. Listen again via the download or watch it on the BBC News Channel.

Find more business wisdom from other chief executives on the My Bottom Line website.

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.