Future of Capitalism #1: What really matters in markets

 Joseph Stiglitz and Herman van Rompuy on the big challenges for the long term future of European market economy.

19-11-2020

In collaboration with VU Amsterdam, Moral Markets group and Pakhuis de Zwijger, De Nieuwe Wereld proudly present this series on the future of capitalism. Over the course of ten dialogues David van Overbeek (De Nieuwe Wereld) and Natasja van den Berg (Pakhuis de Zwijger) will consult world-renowned economists and thinkers, and explore the tension between how our economic system currently functions and how it should function. Find out more on: https://www.moralmarkets.org/futurema... --About this dialogue-- In this opening dialogue we explore what the big challenges are for the longterm future of the (European) market economy/economies. What are the key problems with today’s capitalism and what is needed for a change toward a new form of capitalism/market economies, that are both humanly and ecologically sustainable? Is there a possibility for a distinct European model of capitalism, that can meet these demands? 01:44 Opening 04:29 Kick-off 09:40 Interview Joseph Stiglitz 26:40 Interview Herman van Rompuy 43:14 Discussion Josephy Stiglitz and Herman van Rompuy 01:14:49 Closing remarks  --About the speakers-- Joseph Stiglitz is an American economist, public policy analyst and professor at Columbia University. He is former senior vice president and chief economist of the World Bank and is a former member and chairman of the (US president’s) Council of Economic Advisers. In 2001, Stiglitz won the Nobel Memorial Prize in Economic Sciences and in 2019 his most recent book, People, Power, and Profits; Progressive Capitalism for an Age of Discontent was published. Herman van Rompuy is a Belgian politician, who served as Prime Minister of Belgium from 2008 to 2009 and then as the first permanent President of the European Council from 2009 to 2014. He was appointed chairman of the board of the College of Europe in 2019. --About De Nieuwe Wereld De Nieuwe Wereld is a collaborative online platform that brings together experts from different fields and disciplines in order to reflect on major societal changes brought about by globalization and rapid technological developments. It is an initiative of Dutch journalist Paul van Liempt, philosopher Ad Verbrugge and David van Overbeek. De Nieuwe Wereld is a collaboration of VU University, Centrum Ethos and Filosofische School Nederland.

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