How Free-Market Economists Got It Wrong
Azeem Azhar's Exponential View
EPIIPLUS 1 Ltd / Azeem Azhar
4.9 • 1.1K Ratings
🗓️ 6 November 2019
⏱️ 38 minutes
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| 0:00.0 | Asana is the only work management platform built for scale. |
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| 0:15.0 | H.B.R. presents. |
| 0:34.3 | Hello, my name is Azim Azar and you're listening to the exponential view podcast this week I am delighted to be speaking with binium and applebaum |
| 0:38.9 | about the ideas that led to the free market revolution those ideas that have defined the last 50 years of business and even geopolitics. |
| 0:48.0 | This model of running the world now packages Carlota Perez and Mariana Matsukato. |
| 1:03.0 | One of my contentions is that we're running into the limits |
| 1:05.2 | of that particular way of conceiving business |
| 1:07.2 | that puts shareholders at the center of business life |
| 1:10.6 | at the cost of everything and everyone else around them and that way of |
| 1:14.2 | expanding the reach of the market into every walk of life. |
| 1:18.6 | While this free market highly anti-regulation, globalization, has been the flavor of those last 40 years. I'm not so sure |
| 1:24.6 | it's going to be on the roadmap for the next 20. These next years will be a swirling |
| 1:28.4 | maelstrom of change driven in part by exponential technologies but set against a backdrop of a global |
| 1:33.8 | decoupling, climate change and political disenchantment. |
| 1:37.8 | Well in his new book The Economist's Hour, Binneeman chronicles the birth of that |
| 1:42.1 | dominant less a fair economic thinking that marked the decade |
| 1:45.0 | since Ronald Reagan came to the power in the US and Margaret Thatcher in the United Kingdom. |
| 1:50.0 | Those ideas of supply side and monetarism. |
| 1:52.8 | This book is highly relevant to help us understand what's going on now and today |
| 1:57.3 | binumen and I will discuss the origins of those monetarist ideas, |
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