Science & Technology
A Moral Blueprint for Reimagining Capitalism | Manish Bhardwaj | TED
We know capitalism exacerbates injustice and inequality worldwide. So how can we fix it? Professor and social entrepreneur Manish Bhardwaj thinks we need to integrate “moral clarity” — which he defines as “doing the right thing because it is right, and not from fear of sanction or in expectation of reward” — into society at…
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Wayne Alan
November 22, 2022 at 3:37 pm
There’s no new idea here; Just a preachy NeoMarxist rambling about false criticisms of capitalism.
An AI could spit out platitudes and cliches and it would be just as useful.
Antoine Trépanier
November 22, 2022 at 3:50 pm
Taxes. It’s called taxes.
Yasin Nabi
November 22, 2022 at 3:58 pm
“I think a simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress.”
— Mark Zuckerberg..
Stanley Sharkey
November 22, 2022 at 4:13 pm
What does this have to do with anything said in his presentation? lol
Let's Go Brandon
November 22, 2022 at 6:24 pm
Mark Phuckerberg is not someone I choose to emulate. Tell me why Meta is down over 70% this year . Go Woke, Go Broke….
Randy James
November 22, 2022 at 4:04 pm
Billed Adjust Whirled
Gaasuba Meskhenet
November 22, 2022 at 5:19 pm
I’m ready to just abolish money
Psycho
November 22, 2022 at 6:08 pm
Just another get woke go broke message of we can fix everything by hiring women and minorities. So much for not discriminating. That is still hiring based on race and gender rather than qualifications and skills.
The answer is simple. Get money out of politics. Get rid of the concept of corporations are people. Get rid of the concept of money is speech. Get rid of the identity politics. Get rid of the legal requirement of public corporations to increase profits at all costs.
Capitalism will not be fixed through identify politics and divisive rhetoric. Corporate greed and political corruption are the root problem that need to be fixed.
Richard Mariano
November 22, 2022 at 6:18 pm
I was startled when he said “caste”. I;m horrified the system still exists.
Jerry Miller
November 22, 2022 at 7:15 pm
Not part of capitalism
jodders
November 22, 2022 at 10:43 pm
@Jerry Miller Replace ‘caste’ with class, it very much is.
Jerry Miller
November 22, 2022 at 11:11 pm
@jodders No class is part of Marxism not part of Capitalism. The point of Marxism is to pit classes or groups against each other. The point of capitalism is to act in your own self interest. This may or may not involve being part of a class or group
My Coding Channel
November 23, 2022 at 2:54 am
@Jerry Miller that’s just being delusional if you don’t see class. Of course bootlickers are delusional. Marxism when it is a critique of capitalism recognised classes within capitalism. But when socialism is established, there are no classes.
Jerry Miller
November 23, 2022 at 2:59 am
@My Coding Channel Show me where I said that I didn’t see class? YOU are delusional
tee g123
November 22, 2022 at 6:33 pm
Capitalism doesn’t have a problem. We don’t have real capitalism because governments are broken. In true capitalism we don’t have a fractional reserve banking system. People are generally agreeable, however the banking system perpetuates the devaluation of our earning thus maintaining the poor class.
tee g123
November 22, 2022 at 6:34 pm
He’s just another pundit. The core system of money governance has to change back to pre 1913.
Sweet Willy
November 22, 2022 at 7:25 pm
Worst Ted Talk I’ve heard it started bad with misinformation then went woke into the realm of racism
P
November 22, 2022 at 7:42 pm
Wow. Defending women and minorities… really going against the grain here aren’t we, Ted?
Hehehe
November 22, 2022 at 8:23 pm
Women still get pregnant more often, men do all the dangerous jobs. Also, you cant address the fundamental issue with capitalism, the wealthy has their enforcers in government and they wont lit go of the power and money. Best of luck.
Boris Bormaglioson
November 22, 2022 at 8:40 pm
I agree with everything he has to say; except that global corporations don’t have any overriding incentive to moral; at the same time having an incentive to make more money for their shareholders. Just look at Fossil Fuel companies.
Zabrina Quinza
November 22, 2022 at 8:42 pm
I agree with you
Rekhan79
November 22, 2022 at 9:06 pm
A noble goal, but difficult to achieve, because nature is not just. We would to have to overcome our natural limitations of greed to beat injustice.
That said I hope that one day we humans manage to do so before we ruin the planet.
Home Wall
November 22, 2022 at 9:13 pm
Capitalism suffers government meddling, creating corporatism, crony-capitalism, instead of free market capitalism. If you socialize the risk while privatizing the profits, you are a fascist, and you don’t get to blame capitalism for your tyranny.
In a free market, you are free to operate exactly as this guy wants. Try it. Prove it. Show it’s better in some way. Just don’t use government violence to force it down the throats of people who don’t hold your views.
Home Wall
November 22, 2022 at 9:18 pm
Government forced standardization against the liberty of individuals is what creates all the problems and blocks all the innovation that would better resolve them with smart trade-offs. Government is where systemic racism starts, and systemic poverty, systemic violence, etc.
Software Testing Learning Hub
November 22, 2022 at 9:59 pm
Interesting topic brought up, thank you!
Levi Efrauim
November 22, 2022 at 10:22 pm
Within seconds of this video’s opening, I knew I was going to hear a communist talk about how capitalism is bad and why ESG is the answer- stakeholder capitalism vs shareholder capitalism. Why is this not surprising? TED has turned into a leftist propaganda machine.
jodders
November 22, 2022 at 10:38 pm
Well how about businesses the world over engage with the voices of their workers as delivered through their elected union reps and stop all union busting? If business wants to do what is right because it is right, it starts there.
The Homeless Romantic
November 22, 2022 at 10:40 pm
CAPITALISM WON’T WORK FOR ANYONE BUT RICH PEOPLE: ALWAYS HAS ALWAYS WILL. SOME PEOPLE DON’T WANT TO HOARD ALL THE WEALTH, SOME DO. AS LONG AS YOU MAKE IT LEGAL, THEY WILL TAKE EVERYTHING FROM THE COMMUNITY OF OTHER HUMANS.
Stephen Rose
November 23, 2022 at 1:18 am
It’s 2022 and we’re still hearing about the non-existent gender pay gap.
Tavi_Chocochip
November 23, 2022 at 1:59 am
He’s such a tease… I wish he would actually commit and do a complete squat.
FBA Allied
November 23, 2022 at 6:24 am
Capitalism: the illusion of ”choice.” 😜💰
FBA Allied
November 23, 2022 at 6:44 am
Man’s trying to sound ike Martin Luther King 😆
Bear
November 23, 2022 at 7:48 am
In short, Capitalism prioritizes profit over life. Over the lives of people and every other life form on the planet. Capitalism serves Mammon.
{ᴡʜᴀᴛsᴀᴘᴘ}+𝟭𝟴𝟬𝟱𝟲𝟮𝟰𝟱𝟭𝟯𝟯
November 23, 2022 at 4:08 pm
* ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ👆 … sᴇɴᴅ ᴛᴇxᴛ ᴏɴ ᴡʜᴀᴛsᴀᴘᴘ ʀɪɢʜᴛ ᴀᴡᴀʏ ᴡɪᴛʜ ᴛʜᴇ ɴᴜᴍʙᴇʀ ᴀʙᴏᴠᴇ📊📊*
👉{ᴡʜᴀᴛsᴀᴘᴘ}+𝟭𝟴𝟬𝟱𝟲𝟮𝟰𝟱𝟭𝟯𝟯
November 23, 2022 at 4:08 pm
* ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ👆 … sᴇɴᴅ ᴛᴇxᴛ ᴏɴ ᴡʜᴀᴛsᴀᴘᴘ ʀɪɢʜᴛ ᴀᴡᴀʏ ᴡɪᴛʜ ᴛʜᴇ ɴᴜᴍʙᴇʀ ᴀʙᴏᴠᴇ📊📊*
Jennifer Gabriele
November 23, 2022 at 8:22 am
…Investing in crypto now should be in every wise individuals list, in some months time you’ll be ecstatic with the decision you made today
Jin Nani
November 23, 2022 at 6:22 pm
Nah you pick the best worker not the token one
Mark Daniel
November 23, 2022 at 7:19 pm
What is that oozing from underneath the door of the Walnut Creek police department?
It is pure evil, wickedness, hate and racism.
Their transgressions against my God are so great they cannot be contained. This is the same with the Contra Costa County fire department. Only Love can conquer these sins. Please pray for them.
God is Love.
Abhay Bhatt
November 24, 2022 at 3:34 am
He is desperate for doing sit-ups!
Uschi Schueller
November 24, 2022 at 9:38 pm
Thanks so much for this wonderful talk. How much happier a society we would be, if we implemented these noble principles.
Milk Thistle
November 26, 2022 at 12:55 am
“The welfare of humanity is always the alibi of tyrants.” – Albert Camus
“The urge to save humanity is almost always a false front for the urge to rule.” – H. L. Mencken
Dave B
November 25, 2022 at 6:28 pm
The amount of ignorance on the TED stage in recent years is a travesty. Why is this speaker attributing the ills of the world to capitalism? The world has many different types of systems (e.g. socialism, authoritarianism, communism), and wealth inequality doesn’t differ much from one to another (actually it’s better in capitalism than some others). You’ve got the wrong diagnosis, it would be more productive to say: As amazing and wonderful as capitalism is, how do we make it even better? Take some time to celebrate the good before complaining about the imperfect. It will help with your depression.
Sure you can still go from the bottom rung to the CEO / top role. Look at the CEO of one of the top investment managers in the world (Wellington Investments). The speaker needs to start living in the actual world. Also, “everyone” told you cutting infant mortality rates in half was impossible? I don’t think that’s true, I think you’re lying. Finally, I think there is a positive correlation between sociopathy and overuse of the word “folks.”
Dave B
November 25, 2022 at 6:28 pm
The amount of ignorance on the TED stage in recent years is a travesty. Why is this speaker attributing the ills of the world to capitalism? The world has many different types of systems (e.g. socialism, authoritarianism, communism) and wealth inequality (as one example) is better in capitalism than some others. You’ve got the wrong diagnosis, it would be more productive to say: As amazing and wonderful as capitalism is, how do we make it even better? Take some time to celebrate the good before complaining about the imperfect.
Also, it’s untrue that a person can’t go from the bottom rung to the CEO / top role (e.g. current CEO of Wellington Investments). The speaker needs to start living in the actual world instead of creating these untrue strawmen. Also, “everyone” told you cutting infant mortality rates in half was impossible? That’s obviously true. Finally, I think there is a positive correlation between sociopathy and overuse of the word “folks.”
Mandrake
November 26, 2022 at 2:58 pm
Women DO NOT get paid less than men for the same work. In fact, here in the UK it’s illegal to do so. How many times do I have to listen to this fallacy being repeated by supposed intelligent people?!!
Mandrake
November 26, 2022 at 3:22 pm
Technology could ultimately run society, freeing people from money and work.
We need to take steps now to make sure that when technology ultimately replaces human workers, it benefits society and not large corporations.
Tax the use of technology. Use this tax to give EVERYONE a free Universal Basic Income. Doing this will ultimately make money redundant when technology becomes prevalent.
matt l
November 27, 2022 at 4:23 pm
How about hiring the best person for the job instead of what race or gender you are.
Alwyn Nito
November 28, 2022 at 3:43 am
if we’ve got garbage trucks and recycling trucks, why not compost/organics collection trucks that could help eco-friendly farms or have garbage dumps people can safely rummage through