Intelligence Squared

Anand Giridharadas on Capitalism in the Time of Corona

Jun 5, 2020
Anand Giridharadas, author of 'Winners Take All,' discusses capitalism's flaws in a post-pandemic world. He argues that the crisis is a chance to foster a more egalitarian society, while Matthew Taylor brings insights on the role of the state in this transformation. They explore the paradox of philanthropy, questioning whether charity truly alleviates inequality. Additionally, they consider how historical crises have sparked social change, emphasizing the need for collective action and robust public institutions to redefine our future.
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ANECDOTE

Narrative Choice

  • Anand Giridharadas shares how he chose the narrative style for "Winners Take All".
  • He initially wrote as an observer critiquing "MarketWorld," but his editor suggested focusing on individuals grappling with the system.
INSIGHT

Role of Government

  • Governments should handle major public problems, not corporations.
  • Anand Giridharadas argues against a purely market-based approach for issues like healthcare and racial inequality.
INSIGHT

Crisis and Change

  • The pandemic presents a chance for significant societal change.
  • Anand Giridharadas warns it could also worsen existing power imbalances, requiring strong leadership and vision.
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