Monday, 6 March 2017

Re-imagining capitalism

There's a lot of common-sense wisdom (counter to current conventional wisdom) in this video interview with one of Britain’s leading and most respected economists John Kay. Global Managing Partner of McKinsey's Dominic Barton adds a lot of value too.



My favourite piece (at about the seven and half minute mark) is when Kay says "Capitalism and markets only work if they're embedded in a social context." 

There's also some great insights into separating corporate donations from politics, CEO salaries, purpose-driven or conscious business, and why human capital is a bad description of human beings.

Another favourite is when Barton, talking about some Canadian wealth funds, where a quarter for them is 25 years not 3 months!

Who will you become? What will you do next?

Be remarkable.
Ian
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