A moral blueprint for reimagining capitalism | Manish Bhardwaj

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4.1 • 11.9K Ratings

🗓️ 3 November 2022

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

We know capitalism exacerbates injustice and inequality worldwide. So how can we fix it? Professor and social entrepreneur Manish Bhardwaj thinks we need to integrate "moral clarity" -- which he defines as "doing the right thing because it is right, and not from fear of sanction or in expectation of reward" -- into society at a foundational level. In this practical talk, he explains how to use the language of moral clarity as a compass for organizations, communities and our personal lives -- and how it could help create a more just world.

Transcript

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0:00.0	It's Ted Talks Daily, I'm Elise Hugh, and today we have a way to design more just systems
0:09.8	with moral clarity.
0:11.7	I know it sounds lofty, but here out moral leader Maniche Bardwaj's talk from Ted 2022.
0:17.2	In it, he explains how we can use morality as a compass for organizations, communities,
0:23.7	and workplaces.
0:24.7	That's after the break.
0:26.7	Hey everyone, it's Adam Grant.
0:31.6	Welcome back to Rethinking, my podcast on the Science of What Makes Us Tick.
0:36.7	I'm an organizational psychologist, and I'm taking you inside the minds of fascinating
0:41.1	people to explore how they think and what we should all rethink.
0:47.0	Today's episode is on fixing broken systems with entrepreneur and investor Mark Cuban.
0:52.2	But wherever I see it as a pay, you have an opportunity to pick up customers and start
0:58.2	a business around transparency.
1:00.4	Find and follow Rethinking with Adam Grant, wherever you're listening.
1:07.6	Folks, in 2022, we know capitalism has a problem.
1:12.7	The system that undergirds much of our way of life and the West is exacerbating injustice
1:19.6	and inequality.
1:21.7	We know that women still get paid less than men.
1:25.2	This is 2022.
1:27.3	And the share of the bottom half of the world's population in wealth is just 2%.
1:34.1	We know that the playing field is not level.
1:38.3	And yet, even as we are awash in new ideas and thinking and approaches, technologies
	...

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