A New View on Capitalism
summary
Argues that Europe has shifted capitalism from risk and return to risk return and impact and claims concrete leadership on the green transition via the European taxonomy and the Carbon Border Adjustment Mechanism, cites single market vaccine procurement during COVID as a successful redistribution tool, says macroeconomic stability depends on a deep liquid single market, admits failure to scale green investments and to curb market power, and urges turning public administrations into project managers with technical support to implement reforms.
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chapters (11)
- 0:00New macroeconomic perspective
- 1:53Europe’s green capitalism
- 3:40Social elements in capitalism
- 6:37Criticism of unsustainable capitalism
- 8:08Inequality via redistribution
- 10:19Green transition investments
- 12:38Government’s modern role
- 14:51Technical vs political challenges
- 16:28Europe’s innovation gap
- 18:42Reforming foundations
- 20:09Closing remarks
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