#23  Can a merger of communism and capitalism create economic utopia?

--:--
Ideologies like communism and socialism have seen a massive decline in popularity over the years. Countries such as Venezuela are seen as the final nail in the coffin for the economic systems.

On the other hand, global capitalism has taken a drastic knock, particularly after the 2008 global financial crisis left many people financially destitute. Ordinary citizens around the world continue to band together to fight corruption and grotesque abuse of funds either by the private sector or by governments.

So, given the above, can we take the best of communism and capitalism and create a socio-economic utopia?

The Interchange is made possible by Absa and Tshimong.
Season 2 / Episode 23 21 Nov 2019 English South Africa Society & Culture · Education

Other recent episodes

The South African General Election

In a country recovering from a decade of corruption, economic stagnation and state capture, what fuelled voter apathy among young South Africans at the May 2019 polls? Was it a protest against lack of change… or is there more behind youth apathy in our country? Motion: This house believes that…
Season 1 / Episode 1 33 min

The Role of Business in Society

In this era of significant social, environmental, and political challenges, businesses have an opportunity to play a bigger role in shaping society and addressing vital issues such as economic inequality. Yet, while we expect companies to balance their sustainable goals and financial performance objectives, do companies really understand their licence…
Season 1 / Episode 2 32 min

State-owned enterprises

The spotlight is on state-owned enterprises. For decades their value has been questioned and so many of these entities have been in the news for all the wrong reasons. Is the time up for these kinds of enterprises, or is there a way to turn things around? It's the debate…
Season 1 / Episode 3 32 min

Will the digital revolution make global inequality worse?

It used to be said that “the future is digital”, but now we live in a digital era. Whether we want to admit it or not, the digital revolution has made our lives easier. Yet, we do not know how the rapid development of technology and artificial intelligence will affect…
Season 1 / Episode 4 36 min

The internally displaced people conundrum: Refugees at home

Millions of people around the world have been forced to flee their homes, but have remained within the borders of their country of origin. These internally displaced people - or IDPs - are often referred to as refugees by virtue of being displaced, yet they are not legally considered to…
Season 1 / Episode 5 41 min