ABOUT SUSTAINABLE CAPITALISM (Source: "Predictable and Avoidable. Repairing Economic Dislocation and Preventing the Recurrence of Crisis") "A SOLID AND PURE CAPITALISM REQUIRES THE EXISTENCE OF A HEALTHY, WELL-BALANCED, AND MATURE DEMOCRACY; A WIDESPREAD SOCIAL CONSCIOUSNESS; PHILANTHROPY; PATRONAGE; REDUCED INEQUALITY; A TRULY PRODUCTIVE AND COMPETITIVE FREE MARKET ECONOMY AND SUSTAINABLE GLOBALIZATION; INNOVATION AND LONG- TERM ORIENTED GROWTH STRATEGIES; AND A THRIVING ENTREPRENEURIAL VERVE (i.e. WITHOUT RECKLESS DEREGULATION; REGULATORY LOOPHOLES; CENTRAL BANKS AND REGULATORY CAPTURE; INADEGUATE GOVERNANCE AND OVERSIGHT; CRIPPLING BUREAUCRACY AND CORPORATISM; DUMPING AND UNFAIR GLOBAL COMPETITION; AND OPPORTUNISTIC USE OF DECEPTIVE BUSINESS PRACTICES AIMED AT MAXIMIZING SHORT-TERMISM, CRONYISM AND REVOLVING DOORS)" (Pezzuto, 2013)
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Transcript
ABOUT SUSTAINABLE CAPITALISM (Source:
"Predictable and Avoidable. Repairing Economic
Dislocation and Preventing the Recurrence of
Crisis")
"A SOLID AND PURE CAPITALISM REQUIRES THE
EXISTENCE OF A HEALTHY, WELL-BALANCED, AND
MATURE DEMOCRACY; A WIDESPREAD SOCIAL
CONSCIOUSNESS; PHILANTHROPY; PATRONAGE;
REDUCED INEQUALITY; A TRULY PRODUCTIVE AND
COMPETITIVE FREE MARKET ECONOMY AND
SUSTAINABLE GLOBALIZATION; INNOVATION AND LONG-
TERM ORIENTED GROWTH STRATEGIES; AND A
THRIVING ENTREPRENEURIAL VERVE (i.e. WITHOUT
RECKLESS DEREGULATION; REGULATORY LOOPHOLES;
CENTRAL BANKS AND REGULATORY CAPTURE;
INADEGUATE GOVERNANCE AND OVERSIGHT;
CRIPPLING BUREAUCRACY AND CORPORATISM;
DUMPING AND UNFAIR GLOBAL COMPETITION; AND
OPPORTUNISTIC USE OF DECEPTIVE BUSINESS
PRACTICES AIMED AT MAXIMIZING SHORT-TERMISM,
CRONYISM AND REVOLVING DOORS)" (Pezzuto, 2013)
Dr. Ivo Pezzuto
Global Market Analyst and Professor of Economics, Business Policy, and
International Management
https://www.linkedin.com/in/drpezzutoivo
https://twitter.com/IvoPezzuto
Predictable and Avoidable Repairing Economic
Dislocation and Preventing the Recurrence of Crisis