great rebirth: futures of capitalism
TRANSCRIPT
The Great RebirthFutures of Capitalism, Economy, and Exchange
The Future of Capitalism
The Future of Capitalism
The Future of Capitalism
The Economist
Potential Crisis
The Future of Capitalism
Potential Crisis
Four Directions, Four Choices
The Future of Capitalism
The Future of Capitalism
Capitalism 4.0
????Capitallsm 4.0, Kaletsky
1.0
2.0 3.0
Definitions
from Merriam Webster, Wikipedia, Investopedia, Alan Greenspan, Ann Rynd
an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices,
production, and the distribution of goods that are determined mainly by competition in a free market
an economic system that includes private ownership of the means of production, creation
of goods or services for profit or income, the accumulation of capital, competitive markets,
voluntary exchange, and wage laboreconomic system based on a free market, open competition, profit motive and private
ownership of the means of production. Capitalism encourages private investment and
business, compared to a government-controlled economy. Investors in these private
companies (i.e. shareholders) also own the firms and are known as capitalists.
Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices
capitalism as a system that organizes production for a distant market; where acts of production and retail sale are
separated in time and space through the intervention of a wholesale merchant.
A social system based on the recognition of individual rights, including property rights, in which all property is privately owned.
The socio-economic system where social relations are based on commodities for exchange, in particular private ownership of the means of production and on the exploitation of wage labour.
The Future of Capitalism
from Merriam Webster, Wikipedia, Investopedia, Alan Greenspan,
an economic system characterized by
private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by
competition in a free market
an economic system that includes
private ownership of the means of production, creation of goods or services for profit or income, the accumulation of capital,
competitive markets, voluntary exchange, and wage labor
economic system based on a free market,
open competition, profit motive and private ownership of the means of production. Capitalism encourages private investment and
business, compared to a government-controlled economy. Investors in these private companies (i.e. shareholders) also own the firms and
are known as capitalists.
Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in
the marketplace, thus demanding
that men survive by means of virtue, not vices
capitalism as a system that organizes
production for a distant market; where acts of production and retail sale are
separated in time and space through the
intervention of a wholesale merchant.
A social system based on the recognition of individual rights, including property rights, in which all property is privately owned.
The socio-economic system where
social relations are based on commodities for
exchange, in particular private ownership of the means of production and on the exploitation of wage labour.
The Future of Capitalism
Definitions
People
Exchange Value
The Future of Capitalism
an economic system characterized by
private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by
competition in a free market
an economic system that includes
private ownership of the means of production, creation of goods or services for profit or income, the accumulation of capital,
competitive markets, voluntary exchange, and wage labor
economic system based on a free market,
open competition, profit motive and private ownership of the means of production. Capitalism encourages private investment and
business, compared to a government-controlled economy. Investors in these private companies (i.e. shareholders) also own the firms and
are known as capitalists.
Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in
the marketplace, thus demanding
that men survive by means of virtue, not vices
capitalism as a system that organizes
production for a distant market; where acts of production and retail sale are
separated in time and space through the
intervention of a wholesale merchant.
A social system based on the recognition of individual rights, including property rights, in which all property is privately owned.
The socio-economic system where
social relations are based on commodities for
exchange, in particular private ownership of the means of production and on the exploitation of wage labour.
People and Exchange
Group vs. Individual
Monetary vs. Life Value
The Future of Capitalism
Group Intervention
Unbridled vs. Controlled Capitalism
Low GI means greater free market principles
High GI means more cohesive government control over production/policies
The Future of Capitalism
Exchange
Monetary value vs. Life value
Low MT means changes to money as only life blood of economy
High MT means money and credit valuation stays as world currency
The Future of Capitalism
Gro
up I
nter
vent
ion Planetary
Capitalism
UnbridledCapitalism
PersonalCapitalism
Controlled Capitalism
Exchange
Low
LifeHigh
Hig
h
Monetary
The Future of Capitalism
Social Market Systems
Central Banking Power
Monetary/Economic Unionization
Controlled Capitalism
“Big Brother Capital”
The Future of Capitalism
Unbridled Capitalism
Corporate Pursuits
Global Power Players
Micro Marketplace
“Buy ‘n Large World”
The Future of Capitalism
Local Exchange Transfer Systems
Alternative Currencies
Personal Capitalism
Neo Barter
“Individual Exchange”
The Future of Capitalism
Sources: Venus Project
Resource-Based Economics
Planetary Capitalism
A World Without Money
Utopia Revisited
“Individual Exchange”
Go
vern
men
t In
terv
enti
on Planetary
Capitalism
UnbridledCapitalism
PersonalCapitalism
Controlled Capitalism
Exchange
Low
LifeHigh
Hig
h
Monetary
Go
vern
men
t In
terv
enti
on
Planetary Capitalism
Unbridled CapitalismPersonal Capitalism
Controlled Capitalism
Transactions
Low
Low High
Hig
h
Po
tent
ials
Equal global share
Sustainability for planet
Resource equality
Quicker decisions
Technocratic ideals
Resource gains supreme
Whole “person” concept
Creating personal value system
Individual pursuit attainable
Individual/Corporate pursuit
Free market gains to public
Historic gains
Life Monetary
Go
vern
men
t In
terv
enti
on
Planetary Capitalism
Unbridled CapitalismPersonal Capitalism
Controlled Capitalism
Transactions
Low
Low High
Hig
h
Issu
es
One world system
Resource system tainted
Value change not liked
More govt control
Power in hands of few
Trust in govt
Collaborations lead to difference in value
Will everyone share?
Not everyone can win
Must know technology
Power mistrust
Life Monetary
The Future of Capitalism
The Great RebirthFutures of Capitalism, Economy, and Exchange