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In this episode of Ihya502, Hamza Foy sits with Mishkat Suleiman to discuss the book 'Moral Capitalism: Why Fairness Won't Make Us Poor' by Steven Pearlstein. This book is an incredibly easy read for such a complex topic like economics and discusses a number of assumptions made by the general public in the United States about capitalism and our current economic system. We discuss a few of the more interesting and thought-provoking tidbits such as pre-distribution vs. re-distribution, the difference between our modern economy vs older and simpler economies, and the need for more education surrounding economics and macro-level mathematics.
▬ Relevant Links ▬▬▬▬▬▬▬▬▬▬
1. Moral Capitalism on Amazon: https://tinyurl.com/4zwestdn
▬ Timestamps ▬▬▬▬▬▬▬▬▬▬
00:30 - Introducing the Book
01:50 - The Concept of Social Capital
07:15 - The issue of predistribution vs redistribution of wealth
18:00 - The Economies of Now & Past Economies
22:30 - Consequences of C-Level Employees
▬ Links ▬▬▬▬▬▬▬▬▬▬
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