Background: Martin Wolf, the 2024 author of “The crisis in Democratic Capitalism” does not believe that the crises can be “fixed”. Instead, he sees the need for them to be managed to avoid autocracy, plutocracy, or climate catastrophe. Professor Colin Mayer believes otherwise. His 2024 book is about “Capitalism and Crises: How to Fix them”. Shann Turnbull's, 1975 book on “Democratising the wealth of nations”, proposes a self-financing tax incentive (p. 90) to democratise and purify capitalism and democracy. But only for humans that may survive our ghastly future environmental degradation.

Speakers:

Martin Wolf is Associate Editor and Chief Economics Commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 for services to financial journalism. Mr Wolf won the Overseas Press Club of America's prize for “best commentary on international news in any medium” for 2013 and the 2019 Lifetime Achievement Award at the Gerald Loeb Awards. He was a member of the UK's Independent Commission on Banking in 2010-11 His most recent publication is The Crisis of Democratic Capitalism (London and New York: Allen Lane, 2023).

Colin Mayer is Emeritus Professor of Management Studies at the Saïd Business School at the University of Oxford and Visiting Professor at the Blavatnik School of Government at the University of Oxford. He is a Fellow of the British Academy, the Centre for Economic Policy Research and the European Corporate Governance Institute, an Emeritus Fellow of Wadham College, Oxford, an Honorary Fellow of Oriel College, Oxford and St Anne's College, Oxford, and he has an Honorary Doctorate from Copenhagen Business School. He was co-chair of the Scottish Government Business Purpose Commission, a member of the Board of Trustees of the Oxford Playhouse, the UK Government Natural Capital Committee, the UK Competition Appeal Tribunal and the International Advisory Board of the Securities and Exchange Board of India. He was chairman of Oxera Ltd. between 1986 and 2010 and a director of the energy modelling company, Aurora Energy Research Ltd between 2013 and 2020. He was appointed Commander of the Order of the British Empire (CBE) in the 2017 New Year Honours. Between 2017 and 2021, he led the British Academy enquiry into “the Future of the Corporation” and his most recent book Capitalism and Crises: How to Fix Them is published by Oxford University Press

Dr Shann Turnbull is the founding principal of the International Institute for Self-governance based in Sydney Australia. He is a Founding Life Fellow of the Australian Institute of Company Directors responsible for its constitution possessing provisions for State based self-governance. After a Harvard MBA, Shann became a serial entrepreneur founding over a dozen firms, including two public mutual funds and three publicly traded corporations. He became a founding author/presenter of the first educational qualification in the world for company directors. The United Nations published a summary of his 1975 book on Democratising the Wealth of Nations. He was invited to Prague in 1990/91 and Beijing in 1991 to advise on stakeholder privatization. He authored Australian Parliamentary reports on Aboriginal self-determination in 1977/8. His 2001 PhD from Macquarie University created a methodology to establish the science of governance of any specie and introduced to social scientists the self-governing concept of Tensegrity. He is a prolific author on using the self-governing practices of biota to reform the theories and practices of capitalism.

Date Thursday, 12 December 2024 Time 11:00 - 11:45 GMT Cost Free

Martin Wolf Chief Economics Commentator Financial Times

Colin Mayer Emeritus Professor of Management Studies at the Saïd Business School University of Oxford

Dr Shann Turnbull Principal International Institute for Self-governance