Future of Capitalism
Over the past century, the capitalist model of the free market economy has demonstrated to be an effective vehicle to create wealth. However, in today’s globalised world, the downsides of this model have become more and more obvious: ecological decay, increasing inequality worldwide, financialisation, inadequate resource allocations and a new geopolitical power balance. The credit crisis of 2008, and more recently, the coronacrisis, have further exposed these issues. How can the freedom and innovative potential of free markets be squared with the requirements of ecological sustainability and social justice and inclusivity?