After the Soviet Union collapsed and China scrapped socialism, the triumph of free-market capitalism seemed assured. But a host of global trends - from greater financial market instability and rising income inequality to uncontained climate change - are challenging the established wisdom that capitalism is self-sustaining. Meanwhile convergence between mature industrial economies and rapidly growing emerging economies may well diffuse global power in ways that make it more difficult to manage systemic risks. This panel will discuss capitalism's prospects and consider policies that would preserve the efficiency-enhancing benefits of free markets while moderating the risk of self-destruction.
Global Conference 2013
Former Prime Minister Tony Blair, philanthropist Bill Gates and Strive Masiyiwa of Econet Wireless discuss advancing prosperity in Africa.
