39 min

Rebecca Henderson: Does Capitalism Need to be Reimagined‪?‬ Ask a Harvard Professor

    • Education

Climate change is out of control, leading many people to question whether it isn't just fossil fuels, but our entire economic system, that needs to be replaced. In this episode, Harvard Business School economist Rebecca Henderson talks through her own efforts to reconcile the climate crisis with her faith in the ingenuity of capitalism. "I believe that at the moment, our capitalism is also neither free nor fair," she says. "The free market works when everyone can take part, and prices reflect real costs"—when polluters have to pay the cost of emitting fossil fuels. Henderson's smart, original vision for recalibrating capitalism to meet the linked crises of climate change and extreme inequality is a must-listen.

Climate change is out of control, leading many people to question whether it isn't just fossil fuels, but our entire economic system, that needs to be replaced. In this episode, Harvard Business School economist Rebecca Henderson talks through her own efforts to reconcile the climate crisis with her faith in the ingenuity of capitalism. "I believe that at the moment, our capitalism is also neither free nor fair," she says. "The free market works when everyone can take part, and prices reflect real costs"—when polluters have to pay the cost of emitting fossil fuels. Henderson's smart, original vision for recalibrating capitalism to meet the linked crises of climate change and extreme inequality is a must-listen.

39 min

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