Rethinking Capitalism with Oded Galor

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by Kivi

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06.19.2022



The fifth event in the Wheeler Institute for Business and Development’s flagship Rethinking Capitalism series will focus on the deep origins of comparative development and the emergence of vast and persistent inequalities across countries, regions, and groups. Despite the remarkable transformations in China, Asia, and more recently Africa, in the past decade, capitalism and globalization have come alongside large inequalities in income, wealth, education, and opportunity that have proven to be destabilizing for nation states and international organizations. Drawing on decade long research on the deep origins of comparative development, summarized eloquently in Professor Oded Galor’s recent book, The Journey of Humanity, he connects the remarkable journey of humankind since its exodus from Africa, the agricultural revolution, the transition to the modern epoch of growth after the Columbian exchange, and the industrial revolution to today’s interconnected economy, defined by growth and inequality. Professor Elias Papaioannou will moderate the discussion that will try to identify the long-run trends on global development and the future of societies in an increasingly interconnected economy.

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