What kind of capitalism do we want?

GENEVA • What kind of capitalism do we want? That may be the defining question of our era. If we want to sustain our economic system for future generations, we must answer it correctly.

Generally speaking, we have three models to choose from. The first is "shareholder capitalism", embraced by most Western corporations, which holds that a corporation's primary goal should be to maximise its profits.

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A version of this article appeared in the print edition of The Straits Times on December 02, 2019, with the headline 'What kind of capitalism do we want?'. Print Edition | Subscribe