Free market capitalism has been among the greatest sources of prosperity the world has ever seen. But this success is becoming increasingly costly with the current capitalist system on the verge of destroying the planet and destabilising society as wealth rushes to the top without redistribution.
Professor Rebecca Henderson joins the School to discuss the findings of her recent book Reimagining Capitalism in a World on Fire. Through rigorous research in economics, psychology, and organisational behaviour, as well as her many years of work with companies around the world, Professor Henderson attempts to debunk the worldview that the only purpose of business is to make money. She shows that we have failed to reimagine capitalism so that it is not only an engine of prosperity but also a system that is in harmony with environmental realities, striving for social justice, and the demands of truly democratic institutions.