Capitalism: Doha Debates Asks

Capitalism: Doha Debates Asks


Stuff. Oh god, I’m not gonna say “trickle down.” A lot of innovation is
derived through capitalism, especially technological innovation. The positive effects of capitalism is that poverty has massively
reduced over the last 30 years and the trends in terms of
people’s quality of life and access to living and
jobs and opportunities has improved exponentially. People- more greedy. You amass things that is
more than what is required. The drive to success is really hard, and sometimes, it can break people. Its lack of ability to see into the future and how sustainable its own practices are. I think the negative
effects of capitalism are, obviously, inequality- particularly within countries
but also across nations and between cities and rural areas. I worry about money every day. Yeah, ’cause I have
commitments and kids and life- I have to pay for them. There’s always bills to pay. There’s always- there’s always, you know, expenses. Of course. Like any college student, I’ve gotta pay off my debts. I’ll go and see the world, travel, find out new things, I’ll learn stuff. Do math research and then probably be a math professor or something. Not wake up in the morning
and think I should do work. Focus on things that
matter: family, friends. I would move to the
countryside and open a cafe and chat to people all day. I mean, the person who has a lot should actually give to the person who does not have enough. I think the super rich should pay more tax to the country and contribute
more to the society. It demands us to take
agency and to not be greedy, to be quite frank. So we need to look at what we can share in our own lives, and we
need to be the change, and we need to demand of our governments that they are also following that. Certainly the people who work for them. Social responsibilities including morality and also
environmental responsibility- more practical stuff that’s happening. The type of environmental
footprint they leave on the world. Post-work life, how they manage professional and personal life. This is something which
every company should include in their governance as well. Purpose. I think, in the future,
that’s what’s gonna drive engagement and customers
wanting to buy your products. Not really, because that
will encourage people getting lazy. It’s not something that
I’m not quite sure of could work just yet. But I am very hopeful that it could. I think so, but I don’t think
people will let it happen. I think there are arguments to say that it would encourage people to be lazy and to not work, but I
think if everyone had a universal basic income, it
would actually do the opposite. It would allow people to
be more entrepreneurial, and they could start their own businesses without having the risk of losing their entire livelihoods. I wouldn’t vote for it to happen, but I think it’s gonna inevitably happen in the next 20 years. Because people- With the rise of uncertain, unstable jobs and the gig economy, we owe it to citizens to have something guaranteed. Ooh, that’s like asking
me to invent a new color. Not in my lifetime. I guess the reality is no. No. Like just without currency, at all? It would have to be like
a whole new society. We’d have to like get our minds
deleted and restart again. We could never give it up, I don’t think. People did, right? They did at one point, where they just exchanged commodities. I think we can do that. I mean, I can’t say for sure. But let’s be realistic. I don’t see that happening anytime soon.

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