The Problems with Economic Efficiency
Posted on November 24, 2020 in Debates
Source: TVO.org — Authors: Roger Martin
TVO.org – The Agenda
Nov. 23. 2020. Steve Paikin
Episode: The Dark Side of Efficiency (Part1)
For much of the 20th century, the dynamism and productivity of American capitalism was the envy of the world. It yielded a buoyant middle class and opportunities for every strata of society to do better than their parents had done. That seems no longer to be the case. Roger Martin is a leading global thinker in business management, and his new book, “When More is Not Better: Overcoming America’s Obsession with Economic Efficiency,” offers an idea of why that is.
https://www.tvo.org/video/the-problems-with-economic-efficiency?utm_source=TVO
Episode: The Dark Side of Efficiency: Fixing a Broken Economic System (Part 2)
Beyond the obvious problems with economic inequality for people trying to make ends meet, such gaps can also seed serious political problems. And as some recent polling indicates, this can undermine confidence in both democracy and capitalism. We explore this topic with guests: Michael Veall, professor of economics at McMaster University; Shannon Lee Simmons, financial planner, at the New School of Finance; and Brian Milner, freelance business and economics writer.
https://www.tvo.org/video/fixing-a-broken-economic-system
Tags: economy, featured, globalization, ideology, participation, poverty, standard of living, tax
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