Professor Ed Hess talks about Saving Capitalism

Never before in human history has so much change been so rapidly foisted on human beings. Not during the Renaissance, the Enlightenment or the Industrial Revolution.Today, technology in all of its forms; from smart machines to robotics, from AI to VR to 3D manufacturing, to genetic and biomedical engineering, will make sure we are never the sameIt's estimated by some that almost eighty million jobs could be gone in our lifetime. Certainly, the psychological and political consequences of this change, as we are already seeing, could be devastating. But so will the economic impact. It’s in this context that we need to reimagine capitalism. Just listen to some of the current candidates for president, and you’ll see that the very capitalist system that has produced this unprecedented change and wealth, is under siege. All of which raises the question, can capitalism itself keep up?  This is the question that author and business professor Ed Hess in a new White Paper in our recent conversation. My conversation with Ed Hess:  Get full access to Talk Cocktail Podcast at jeffschechtman.substack.com/subscribe