July 16, 2012 presentation featuring Luigi Zingales, Robert C. McCormack Professor of Entrepreneurship and Finance, and the David G. Booth Faculty Fellow at The University of Chicago's Booth School of Business and book author.
Hosted by Chicago University Booth School of Business Entrepreneurial Roundtable at Northern Illinois University Naperville Campus. Future events and videos at EntrepreneurialRoundtable.com
Video by Stone Cliff Productions, Inc. StoneCliffProductions.com
In this election year, hear Professor Zingales explain why "the American Dream" is disappearing and what we must do to save the system that made the United States the envy of the world. In his new book, A CAPITALISM FOR THE PEOPLE: Recapturing the Lost Genius of American Prosperity, Zingales cuts through the liberal-conservative, Democrat-Republican rhetoric. "What is necessary is nothing less than a rethinking of traditional political categories," according to Zingales.
In A CAPITALISM FOR THE PEOPLE, Professor Zingales examines the roots of the recent economic and political crises, from cronyism between big business and government, to the deleterious effects of lobbying and government subsidies, to the uneasy alliance between academic economists and the industries they analyze.
His elegant blueprint of solutions calls for lessening income disparities, reducing government subsidies and regulations, and creating greater transparency. Zingales maps out his plan in an engaging manner that suits his message of populism. His fundamental message: We need to get the system back in order before even more Americans lose faith. We need to take back the great system of equal-opportunity capitalism for the people.