Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization. (Interview number 53)

0:00 - Prologue
0:52 - Intro
01:09 - 1. Why does economics matter?
02:58 - 2. What are the differences between economic science and economic engineering?
05:20 - 3. What role does economics play in society? Does it serve the common good?
10:53 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.?
20:19 - 5. As we live in an age of economics and economists – in which economic developments feature prominently in our lives and economists have major influence over a wide range of policy and people – should economists be held accountable for their advice?
23:47 - 6. Does economics explain Capitalism? How would you define Capitalism?
27:08 - 7. No human system to date has so far been able to endure indefinitely - not ancient Egypt or Rome, not Feudal China or Europe, not the USSR. What about global Capitalism: can it survive in its current form?
34:18 - 8. Is Capitalism, or whatever we should call the current system, the best one to serve the needs of humanity, or can we imagine another one?

About Shoshana Zuboff

American. Author (“The Age of Surveillance Capitalism”) and Professor Emeritus, Harvard Business School

Scholar, writer, activist Shoshana Zuboff is the author of three major books, each signaling a new epoch in technological society. Her recent masterwork, The Age of Surveillance Capitalism, available in 26 languages, has been hailed as the tech industry’s Silent Spring and the Das Kapital of the 21st Century. Her work has been recognized with the Axel Springer Award (2019), the EPIC Lifetime Achievement Award (2021), and the inaugural Global Privacy Assembly Giovanni Buttarelli Award (2021). Professor Zuboff has received honorary degrees from the University of Amsterdam, the Copenhagen Business School, and McGill University. She is the Charles Edward Wilson Professor Emeritus Harvard Business School and a faculty associate at the Harvard Kennedy School’s Carr Center for Human Rights.

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Music: J.S. Bach, from The Well-Tempered Clavier. Kimiko Ishizaka, piano

Interview by Julian Karaguesian and Shaun Sellers

Music: J.S. Bach, from The Well-Tempered Clavier. Kimiko Ishizaka, piano. Video by Fabio Dondero