'Can Capitalism Fix the World?' with Ken Costa and Colin Mayer

Past Event

Date
 18 March 2024, 4:00pm - 5:00pm

Location
 Lecture Theatre, Oxford Martin School
34 Broad Street (corner of Holywell and Catte Streets), Oxford, OX1 3BD

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This book talk is part of the FT Weekend Oxford Literary Festival 2024, the Oxford Martin School is the Festival Ideas Partner

Investment banker and philanthropist Professor Ken Costa and business expert Professor Colin Mayer look at the future of capitalism.

How will a younger generation with a different perspective on capitalism and the planet use the vast wealth it is about to inherit? And how can we change the way businesses operate so they solve the world’s problems rather than cause them.

This is a ticketed event and the tickets are £8 - £15. For more information and to purchase a ticket please visit this website: https://www.ticketsource.co.uk/oxford-literary-festival/t-dvporyy

Costa Ken

Ken Costa
Chairman, Helios Fairfax

Costa is chairman of Helios Fairfax, the largest private equity group in Africa, and creator of Tick Tock Club for Great Ormond Street Hospital, which has raised £50m for the hospital.

In The 100 Trillion Dollar Wealth Transfer: How the Handover from Boomers to Gen Z Will Revolutionize Capitalism, he argues that the impending transfer of wealth from the ‘baby boomers’ to the young generation will be a seismic event. He argues that Generation Z and the Millennials will inherit financial and political power to banish the past and create a future they want. However, he says the younger and older generations will need to work together to ensure we create a socially energised capitalism and do not repeat past mistakes.

Colin Meyer

Professor Colin Mayer
Emeritus Professor of Management Studies, Blavatnik School of Government

Professor Mayer is visiting professor and emeritus professor of management studies at the Blavatnik School of Government and the Saïd Business School at the University of Oxford. He was Director of the Oxford Martin Initiative on Regional Levelling-up.

In Capitalism and Crises: How to Fix Them, he argues that we have failed to understand the key institutions at the heart of capitalism, businesses. He says the problem is that the key driver of capitalism is profit and the way those who run the system are resourced and rewarded. And he outlines what needs to change if we are to tackle the challenges of the 21st century and flourish and thrive.