This week we focus on the practical side of a new, different capitalism, and discuss the viability of new market practices. Many ideas regarding starting a new market economy have already been developed. How can these practices – both in businesses and the financial sector – be embedded in current-day market systems? What are obstacles that hinder the process towards a just transition? And what role can the EU play in this regard? These questions – and more – will be discussed with economists Luigi Zingales and social scientist Christian Felber.

The episode started with a column by Eefje de Gelder (Vrije Universiteit Amsterdam) and was moderated by Natasja van den Berg and David van Overbeek.

About Our Speakers

Christian Felber is the founder of the The Economy For The Common Good, based in Austria. The organization is a movement uniting over 10,000 supporters in 40 nations and backed by 2,200 companies whose mission is to eliminate the fundamental contradiction between business values and social well-being. Felber is the author of 15 books, including, most recently, Change Everything: Creating an Economy For The Common Good. He has lectured at several universities and is currently Affiliate Scholar at the IASS Potsdam.

Luigi Zingales co-developed the Financial Trust Index, which is designed to monitor the level of trust that Americans have toward their financial system. In addition to holding his position at Chicago Booth, Zingales is currently a faculty research fellow for the National Bureau of Economic Research, a research fellow for the Center for Economic Policy Research, and a fellow of the European Governance Institute. He is also an editorialist for Il Sole 24 Ore, the Italian equivalent of the Financial Times. In 2014 he was the President of the American Finance Association and in July 2015 he became the director of the Stigler Center at the University of Chicago. His latest book is A Capitalism for the People: Recapturing the Lost Genius of American Prosperity.

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