Free market capitalism is one of the greatest sources of prosperity the world has ever seen. But this success comes at a cost. Economist Rebecca Henderson cautions that the time for action is running short, and that we must alter course soon before the wealth imbalance in the capitalist system destabilizes our society. Henderson presents rigorous research in economics, psychology, and organizational behavior, drawing from her many years of work with companies around the world—and her book Reimagining Capitalism in a World on Fire—to give us a path forward towards reinstating capitalism’s moral and ethical framework.
She contends that our society must re-envision 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. Through Henderson’s deep understanding of how change takes place—combined with fascinating in-depth stories of companies that have made the first steps towards reimagining capitalism—she presents us with a new vision of what capitalism can be. With rich discussions of how the worlds of finance, governance, and leadership must also evolve, Henderson invites us to navigate a world faced with unprecedented challenge—but also with extraordinary opportunity for those who can get it right.
Rebecca Henderson is the McArthur University Professor at Harvard University (the highest honor that can be awarded to a faculty member), where she teaches the acclaimed course on “Reimagining Capitalism.”
Presented by Town Hall Seattle.