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Dave Nadig - Understanding Financial Futurism: Key Innovations Transforming Wealth Management

Standard Deviations with Dr. Daniel Crosby

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The Socialization of Business Failure

I feel a groundswell of support for this idea that we have in the recent past and up until today, sort of socialized business failure while still individualizing business success. I think people are really getting upset with that and you can certainly understand why. What does it take for that zeitgeist to change? Yeah, I, look, I wish I had a magic answer. But ultimately that is where this goes. Fewer and fewer companies with more and more power, more and more social impact and thus some level of responsibility and accountability to governments.

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