Dean Freeman Addresses Challenge to Capitalism in WSJ
The Wall Street Journal‘s online portal “The Experts,” which features video chats and short online posts from an exclusive group of industry and thought leaders, posed this question to Allen Questrom Professor and Dean Ken Freeman: What will be the biggest challenge to capitalism in the next two decades—and what should be done about it?
Dean Freeman considers the world in his response:
Accepting that there are a number of different varieties of “capitalism,” not just the American way. This will be difficult at a time when most Americans still do not have a passport, and have not visited countries outside of its borders. An economic revolution is taking place from China to Singapore to Nigeria to Brazil combining the best elements of the American way with local needs.
We need to learn from and respect each other’s form of capitalism so that all have the opportunity to flourish.
View “The Experts” post here.