The Edit: The Purpose of Capitalism
The Edit

The Edit: The Purpose of Capitalism

How to fix capitalism, future-proofing your business and more in this week’s #TheEdit.

2 minute read

8th Oct 2021

Yesterday was the London premiere of our new documentary, The Purpose of Capitalism: Lessons from Japan (if you missed it, don’t worry – it’s airing on CNBC this month), where we explore what can be learnt from Japan when it comes to purposeful business. 

While the Western world wakes up to the concept of purposeful business, Japan has been playing the long game for centuries. With contributions from leading thinkers like Alex Edmans, Hiromichi Mizuno, Lynn Forester de Rothschild, Sanda Ojiambo and more, we ask the question: can capitalism be done differently, and better? 

Here’s what you might have missed in the conversation on purposeful business this week:

  • Paul Polman saved Unilever. Now he wants to save capitalism – Harvard Business Review Podcast 
  • Parag Khanna, author of Move: The Forces Uprooting Us, talks about his vision for the next phase of human civilisation – McKinsey
  • How to future-proof your business – Forbes 
  • US Energy Secretary Jennifer Granholm on why fossil fuel communities must not be left behind in the energy transition – The Financial Times 
  • Why consumers are key when it comes to growing your business – Raconteur 
  • How the pandemic has altered the future of capitalism, with economists Joseph Stiglitz and Hervé Berville – The New York Times 
  • The dangers of misinformation with former Google CEO Eric Schmidt – The Atlantic
  • Can we fix capitalism? Our highlights from the debate between The Financial Times’s Gillian Tett and former Greek finance minister Yanis Varoufakis – The Beautiful Truth

“The purpose of businesses needs to be to profitably solve the problems of people and planet.”

Lynn Forester De Rothschild

Japan’s Unique Business Worldview 

The Purpose of Capitalism: Insights from Japan documentary takes an inside look at some of the largest and oldest Japanese companies to find the answer. It premieres on CNBC in October.

To read more about the film and be the first to receive insights and updates, click here.