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“Is Capitalism obsolete ?” Seminar by Professor Giacomo Corneo (The Free University of Berlin)

On August 27 (Tuesday), Prof. Dr. Giacomo Corneo (Professor of Public Finance and Social Policy at the Free University of Berlin) will give a talk entitled “Is Capitalism Obsolete?” This event is supported by the Center for Positive/Empirical Analysis of Political Economy, Top Global University Project at Waseda University. For further information about this seminar, please contact Prof. Dr. Kazumi Shimizu ([email protected]). We look forward to your participation.

Outline

Date: August 27 (Tue), 2019 from 15:45-18:00
Venue: Discussion Room  on the 12th floor, the 3rd Building, Waseda Campus
Language: English
Participants: Open to all students, faculty members, and the general public
Registration: No registration required
Contact information:  Prof. Dr. Kazumi Shimizu, [email protected] 
Speaker: Prof. Dr. Giacomo Corneo (Professor of Public Finance and Social Policy at the Free University of Berlin)

https://www.wiwiss.fu-berlin.de/fachbereich/vwl/corneo/mitarbeiter/Corneo/index.html

Abstract: The increase of income and wealth concentration defies the view of capitalism defended by classical liberalism and reveals the inability of the social-democratic paradigm to meet the challenges posed by a globalized and digitalized economy. Therefore, an analytical journey through outstanding blueprints of alternative economic systems – from common ownership systems to universal basic income and market socialism – is in order. At the end of this journey, I advocate a concrete evolutionary program that aims at substantially enhancing the role of the public ownership of capital within our market economy. I propose a strategy to build public capital at a negligible cost to the citizenry and design two institutions that credibly promise to manage such public capital in a democratically legitimate and efficient way: an ethical sovereign wealth fund and the Federal Shareholder.

Sponsored by: Positive/Empirical Analysis of Political Economy, Waseda University

Dates
  • 0827

    TUE
    2019

Place

Discussion Room on the 12th floor, the 3rd Building, Waseda Campus

Tags
Posted

Thu, 25 Jul 2019

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