There is a buzz in the air around the debate on the future of Capitalism. Some very interesting conversations taking place on what 'Capitalism 2.0' looks like. How will the economy develop - will it be a 'shared economy', will it be a 'Social Economy', will it be a 'Sustainable Economy'?
I was in Davos this year for the World Economic Forum and saw loads of great debates on this point. Tim Weber at the BBC made a great summary: http://www.bbc.co.uk/news/business-16670718
Some say the US elections are in fact a battle for the future of Capitalism: http://www.guardian.co.uk/commentisfree/2012/jul/22/will-hutton-obamas-good-capitalism
I listened to Al Gore speak last week and he mentioned the concept of 'Quarterly Capitalism' where businesses are run more by their Quarterly shareholder returns than by the legacy or impact they are having in the long term. It does strike me that the world is currently out of balance with our current model.
With the onset of the financial crisis it looked like the very system might change. However, to date the fundamental systemic change has not really taken place but it has been talked about. I believe we are in danger of saving the cancer, while killing the patient.
Whatever you think we can all agree that the next decade will see a huge transition in the way the world is organised, the way the world works, the way the world learns. My favorite addition to this debate came from one of the people I see as the greats of our time, Klaus Schwab, Founder of the World Economic Forum when he argued that Capitalism is being replaced by Talentism - where human capital has become more important to a country, city and companies success than financial capital: http://www.huffingtonpost.com/klaus-schwab/end-of-capitalism----_b_1423311.html
More interesting links to look at on this debate: