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The world desperately needs a new form of capitalism. One that would trump the version we're living with, which I've named "Gucci capitalism" because it overvalues status and undervalues equity. We're more ashamed not to have a new Gucci handbag (or any luxe brand, come to that) than to get in debt. The ideal replacement, "co-op capitalism", prioritises collective destiny.

Participants
  • Hertz
    Role: Faculty
    Reference type: Written by
  • Noreena Hertz
    Role: General
    Reference type: Journalist
Media Outlets
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  • Wired.co.uk (Unknown)