Gillian Tett, Financial Times columnist and anthropologist, and Yanis Varoufakis, former Greek finance minister and economist, debate the question of fixing capitalism. They discuss the evolution of capitalism, decoupling of financial markets, alternatives to capitalism, the role of central banks, and ethical tech systems. They explore power dynamics, self-reflection, and the potential for alternative visions of capitalism.

Should capitalism be reformed or replaced? Former Greek Finance Minister and economist Yanis Varoufakis and Gillian Tett US editor at large at the Financial Times discuss and debate their visions for a post-COVID economy live in London. The moderator is Anne McElvoy senior editor at The Economist.  For the Intelligence Squared discount on Gillian Tett's book click here: https://www.primrosehillbooks.com/product/anthro-vision-how-anthropology-can-explain-business-and-life-gillian-tett/ For the Intelligence Squared discount on Yanis Varoufakis's book click here: https://www.primrosehillbooks.com/product/another-now-dispatches-from-an-alternative-present-yanis-varoufakis/ Support this show http://supporter.acast.com/intelligencesquared.  See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Gillian Tett, an economist, columnist, and author, discusses the potential implications of a second Trump presidency on the global economy. The podcast also explores topics such as the challenges and volatility in western economies, the relationship between government and business in AI, and innovations in clean energy. Tett emphasizes the need to reconsider traditional economic analysis and discusses cultural factors contributing to the preference for robots over immigrants in Japan.

When the Great Recession struck, it was the start of the most significant economic downturn since the Great Depression of the 1930s. A slumping housing market revealed vulnerabilities of huge numbers of mortgage-backed securities and derivatives. In the aftermath, unemployment soared to 10%. GDP dropped by more than 4%, and federal authorities unleashed a series of unprecedented fiscal and monetary policies aimed at stemming the bleeding. When the dust finally settled, legislators and regulators pushed through a series of reforms meant to prevent the repeat of such a calamity. Fast forward to 2023 and the global banking system may be facing its most significant crisis since 2008. Within a short span, a run on deposits at Silicon Valley Bank quickly led to the third-largest bank failure in U.S. history, with Switzerland's Credit Suisse later seeking government lifelines. A second US regional bank — Signature Bank — failed, and a third — First Republic Bank — was propped up. To some, these are signs of the kinds of broader risks the global economy stared down in 2008. A combination of factors, including an eroding of regulations, sharp interest rate rises, mismanagement at banks, coupled with the overarching uncertainty of volatile crypto landscape, have raised new questions about the scale of turmoil that could confront markets. This cocktail of risks, some argue, has added such dangers to banking systems that it is no longer safer than it was in 2008. Others disagree. As bad this recent crisis appears to be, they say, regulatory reforms and liquidity requirements have made significant strides since the days of 2008. The system also effectively contained the contagion, something that required far greater government intervention in 2008. In that context, we debate the following question: Is the Banking System Safer Than It Was in 2008? Arguing YES: Jason Furman, Former Chairman, Council of Economic Advisers   Arguing NO: Gillian Tett , Editor-at-Large, Financial Times (U.S.) Emmy award-winning journalist John Donvan moderates  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Gillian Tett, a Financial Times columnist with expertise in politics and the economy, joins to analyze the economic proposals leading up to the 2024 presidential election. They discuss how tariffs and inflation are shaping voter sentiments and what a hurricane season could mean for the election outcome. Tett elaborates on the historical context of tariffs and their implications on trade relations, alongside the stark differences between Trump and Biden’s trade policies. They also delve into how capitalism intersects with political narratives in today's polarized landscape.

William Shatner, Piers Morgan, and Gillian Tett discuss a range of topics from dark humor and political controversies to societal policies and immigration consequences. The conversation touches on global issues, geopolitics, and racial perspectives on justice, with a humorous twist and insightful reflections throughout.

Gillian Tett, a Financial Times columnist and anthropologist, discusses the importance of language in her work and why we should think like anthropologists. Topics include the etymology of words like 'company' and 'bank', similarities between Brits and Japanese in the workplace, and the value of anthropological thinking in today's world.

Former Greek Finance Minister Yanis Varoufakis and FT's Gillian Tett debate fixing capitalism and post-COVID economics. Topics include challenges in capitalism, Adam Smith's influence, big tech monopolies, barter system in tech, and capitalism's impact on the environment.

Sanam Vakil and Gillian Tett discuss Hamas' rejection of the ceasefire proposal in Gaza and the debate on using $300 billion in frozen Russian assets. Bill Gates explains the importance of nuclear energy. Sal Khan talks about AI in education. The podcast also covers British PM Rishi Sunak's controversial asylum plan.

Larry Fink discusses the retirement crisis. Glenn Hubbard compares Biden and Trump's policies. Gillian Tett talks about geopolitical risks. Joshua Bolten shares CEO priorities. Melissa Kearney advocates for standardized tests in college admissions.