SPEAKING

EMERGENT ECONOMICS

DISTRIBUTED OWNERSHIP

and STAKEHOLDER CAPITALISM

THE MYTH OF CAPITALISM

Emergence is a subset of complexity science that describes the evolution of the most advanced intelligence in our universe: human consciousness, ant colony collaboration, and democracy as some examples. Emergent phenomena are nonlinear, self-organizing, and not mathematically computable. This presentation explores the connection of value and value creation to the idea of emergence.

Inequality has reached staggering heights in many countries around the world. New multi-stakeholder ownership models and predistributive structures are appearing to help democratize the gains from decades of near perpetual growth. Economic gains should be shared widely, and this presentation points to some promising experiments for how to do this.

Not a day goes by without another voice calling for the reformation of capitalism, but do we even agree on definitions? Based on the 2018 book, The Myth of Capitalism, this presentation explores industry concentration and monopoly power and its effects on wages, consumer prices, inequality, and shareholder returns. Capitalism without competition is not capitalism.