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Reimagining Capitalism in a World on Fire

Monday, July 27, 2020

2 p.m. – 11:55 p.m.

Watch on Watson's YouTube channel.

Watch on YouTube

Author Rebecca Henderson is joined in conversation by J. Nicholas Ziegler, Professor of International and Public Affairs (Research), and Richard M. Locke, Provost and Schreiber Family Professor of Political Science and International and Public Affairs, for a discussion of her new book, Reimagining Capitalism in a World on Fire.

Rebecca Henderson's systemic framework for building a profitable, equitable, and sustainable capitalism is grounded in new ways of thinking about the purpose of firms, their role in society, and their relationship to the state. Drawing on vivid examples and cutting-edge research, she clearly shows the compelling moral, business, and economic case for reimagining capitalism.

Henderson argues that in a ruthlessly compet­itive world, only a new form of capitalism can drive the innovation and growth that will bring extraordinary opportunity to a much wider array of people. Reimagining capitalism will also begin moving business toward a critical rebalancing the power of the market with democratic, accountable government and strong civil society.

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Rebecca Henderson is the John and Natty McArthur University Professor at Harvard University. She is an internationally recognized authority on the economics of technological change and strategy. Henderson began her academic career at the MIT Sloan School of Management, where she received numerous awards for teaching as well as scholarship. She is Research Fellow at the National Bureau of Economic Research, a member of the American Academy of Arts and Sciences, and a Corresponding Member of the British Academy. Henderson has served as a board member of Amgen, Idexx, and several other organizations. She has been a pivotal figure in transforming the curriculum at Harvard Business School, where she designed and introduced the now required course, “Reimagining Capitalism.” She was named as one of the “Directors of the Year” by the Financial Times in 2019. She blogs at rebeccahenderson.com/.

Nick Ziegler is a comparative political scientist and a specialist in the political economy of the advanced industrial democracies, with an emphasis on Western Europe. He has a long-standing interest in the politics of expertise and has written on public strategies for technological innovation as well as financial-market regulation in Europe and the United States. He taught at MIT’s Sloan School of Management and in the Political Science Department at the University of California, Berkeley, before joining the faculty at Brown University. Ziegler has published articles in World Politics, Daedalus, Politics and Society, and other journals. He has been a research fellow at the Woodrow Wilson Center, the German Marshall Fund, and the Max-Planck-Institut für Gesellschaftsforchung in Cologne.

Richard M. Locke is an internationally recognized authority on labor rights, comparative political economy, employment relations, and corporate responsibility. He is author and co-author of numerous books and peer-reviewed articles in Industrial and Labor Relations Review, Politics and Society, The British Journal of Industrial Relations, the American Journal of Political Science, and other journals. He has received many teaching and research awards including the inaugural Medal for Leadership on Fairness and Well-Being, awarded by the Society for Progress. Working with leading firms like Nike, Coca Cola, Apple, and HP, Locke and his students have demonstrated how corporate profitability and sustainable business practices can be reconciled.

Locke was appointed Brown University's 13th provost in July 2015, and named the Schreiber Family Professor of Political Science and International and Public Affairs in January 2018.