Virtual Event: Rebecca Henderson
Reimagining Capitalism in a World on Fire
in conversation with PAUL SOLMAN
May 6, 2020
7:00 PM ET
Join our online event (or pre-register) via the link in the event description.
Free - $5 contribution suggested at registration
Harvard Book Store's virtual event series welcomes REBECCA HENDERSON—celebrated economist and the John and Natty McArthur University Professor at Harvard University—for a discussion of her latest book, Reimagining Capitalism in a World on Fire. She will be joined in conversation by PBS Newshour correspondent PAUL SOLMAN.
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About Reimagining Capitalism in a World on Fire
Free market capitalism is one of humanity's greatest inventions and the greatest source of prosperity the world has ever seen. But this success has been costly. Capitalism is on the verge of destroying the planet and destabilizing society as wealth rushes to the top. The time for action is running short.
Rebecca Henderson's rigorous research in economics, psychology, and organizational behavior, as well as her many years of work with companies around the world, gives us a path forward. She debunks the worldview that the only purpose of business is to make money and maximize shareholder value. She shows that we have failed to reimagine capitalism so that it is not only an engine of prosperity but also a system that is in harmony with environmental realities, striving for social justice and the demands of truly democratic institutions.
Henderson's deep understanding of how change takes place, combined with fascinating in-depth stories of companies that have made the first steps towards reimagining capitalism, provides inspiring insight into what capitalism can be. With rich discussions of how the worlds of finance, governance, and leadership must also evolve, Henderson provides the pragmatic foundation for navigating a world faced with unprecedented challenge, but also with extraordinary opportunity for those who can get it right.
Praise for Reimagining Capitalism in a World on Fire
"This powerful and readable book is a clarion call for reimagining and remaking capitalism. . . . Rebecca Henderson argues that the market system can be reformed and this can be done without unduly harming corporations. We can have a more moral and more innovative capitalism. There is hope!" —Daron Acemoglu, coauthor of Why Nations Fail
"If you are unsatisfied with today's economic arguments—which too often seem to present an unappealing choice between unbridled markets and old-school collectivism—you need to read Rebecca Henderson's Reimagining Capitalism in a World on Fire. Henderson offers a system that rewards initiative and respects the power of free enterprise, but that also recognizes that we have a higher purpose in life than pure profit maximization. This is a book for the realist with a heart." —Arthur C. Brooks, president emeritus, American Enterprise Institute and author of Love Your Enemies
"Rebecca Henderson is masterful in both elegant articulation of one of society's great challenges and clarity of vision in laying out a roadmap for practical and essential change. Reimagining Capitalism is a great read, full of insights, and a refreshing perspective that is new, practical, and ground-breaking, offering clear steps for transitioning to a capitalism that is both profitable as well as just and sustainable." —Mindy Lubber, CEO and president, CERES
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