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Podcast: CEO Perspectives
Episode:

Will Socialism Overtake Capitalism?
Category: Business
Duration: 00:31:30
Publish Date: 2021-10-26 17:21:17
Description:

In today’s political and social climate, the calls are loudening for the United States to move away from capitalism toward socialism. But will an economic system with increased size, scope, and involvement of government generate more prosperity for Americans, or end up leaving the country worse off?

On a new episode of CEO Perspectives, President and CEO Steve Odland sits down with Maria Sastre, a Trustee of The Conference Board, and Dr. Lori Esposito Murray, President of the organization’s public policy center, the Committee for Economic Development. The three of them size up the competing economic systems, including why socialism is gaining appeal, if this trend has staying power, and the need to make capitalism sustainable. Tune into this podcast for insights on:

  • The American dream, realized: Maria and her family lost everything during the Cuban Revolution in the 1950s. How did her family leverage America’s capitalist system to turn their economic fate around?

 

  • Understanding the differences: What are the fundamental differences between capitalism and socialism?

 

  • The perspective of Millennials: Recent polls in the US show that many—Millennials, especially—prefer socialism over capitalism. What’s causing this shift in attitudes?

 

  • Making the case for markets: What steps can business leaders take to help people understand the benefits our market-based economic system?
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