Friday, January 24, 2014

Ethical Capitalism - Worth a Try?

Davos Switzerland Ethical Capitalism
Big business and world leaders are at the World Economic Forum in Davos Switzerland to hash out many issues.  Over at the Globe Backyard been watching this since day 1, where some inspiring insight from Professor Klaus Schwab Founder and Executive Chairman of the World Economic Forum had mentioned, bring your heart with you when attending this year's forum.  When I heard that I thought of the Millennial Generation, children born between 1982 and 2002, some 81 million who have different characteristics than any generation before them and in order to serve them better, K-12 education and colleges and universities are having to change the way they do business.  So in this segment at the forum, we have Ethical Capitalism - Worth a Try? That's not even going to be a question but a direction we are headed.

Some believe the neo-liberal capitalist model needs shaking up, (yea think!) and that regulators, supervisors and corporate governance managers have failed those they are meant to protect.  Western economic and social crises are pointing to the bankruptcy of the capitalist model. Yet the question remains: What is the alternative?  Well the forum might find that difficult but it's quite simple, you're going to start caring. 

Speakers: Peter Brabeck-Letmathe, Martin Sorrell, Muhammad Yunus, Jasmine Whitbread, Stanley M. Bergman, Ignazio Visco, Zanny Minton Beddoes

Now I'd like to point something out in this panel discussion when Muhammad Yunus is speaking reflects the views of The Millennial Generation and the crowd applause not once but twice when he is speaking.  Great discussion here, for the real reason this is happening is the consumer has lost confidence in many financial institutions and business alike.  It's going on 6 years since the 2008 financial collapse we should be well on our way but we're not.  I'll say this again, not really looking for someone to save or ass it's more like are you going to conform or we don't do business with you anymore.

Are The Markets Safer Now?

Paul Singer are the Markets safer now?

 Alright smack down time, I've been waiting on this one for it's right off the bow of the Ship and why I'm here.  If you've been with me through out the years you already know the answer in question, our guest on the panel representing today's bankers are as follows, Antony Peter Jenkins is a British business executive.  He is the Group Chief Executive of Barclays since 30 August 2012.  Next, we have Douglas Jardine Flint, CBE is a British banking businessman.  He is currently the Group Chairman of HSBC Holdings.

On the opposing side, we have Anat R Admati is George G.C. Parker Professor of Finance and Economics Professor of Management Science and Engineering, School of Engineering Professor of Economics, School of Humanities and Sciences Michelle R. Clayman Faculty Fellow for 2013-14.  To her right (your left) we have Paul Elliott Singer is the founder and CEO of hedge fund Elliott Management Corporation and The Paul E. Singer Foundation.

So without further ado lets kick this off!

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