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Zadie Minton-Bedders

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  1. Milken Institute57 min

    The Future of Capitalism

    Zanny Minton Beddoes, Rebecca Henderson, David Hunt, Ronald O'Hanley, Raghuram Rajan, Zadie Minton-Bedders

    A panel of four prominent economists and business leaders critically reexamines the legacy of Milton Friedman's shareholder primacy model, diagnosing deepening market failures such as unpriced externalities, rising inequality, and eroded public trust. The group reached a consensus that pricing carbon and reforming antitrust regulations are essential prerequisites for sustainable growth, while debating the precise boundaries between corporate social provision and government responsibility. Ultimately, the discussion identified climate change, strengthening democracy, and rebuilding institutional resilience as the defining challenges for the future of capitalism.