Ever since the 2008 financial crisis, intellectuals have had to ask themselves, 'Does Capitalism Still Work?'
I have explored this question for several years now, beginning with a seminal column I wrote for Forbes: Capitalism's Fundamental Flaw. Two particular problems stand out. First, Capitalism has been hijacked by speculators. Second, the system enables amassing wealth at the tip of the pyramid, leaving most of society high and dry. Both problems have resulted in a highly unstable, volatile world order that jitters and shocks markets periodically, leaving financial carnage and mass scale human suffering.
So what is the solution? Can the ideals of democracy and capitalism be combined to establish a more robust, stable system?
To read the full, original article click on this link: How to Reduce 'Infant Entrepreneur Mortality' - Sramana Mitra - Harvard Business Review
