Wed, 27 May 2015
Philip Kotler is the S. C. Johnson Distinguished Professor of International Marketing at the Kellog School of Management. He is a trained economist and the author of 55 books, including his most recent book titled Confronting Capitalism. His latest book hopes to give real solutions to the troubled economic system. Philip talks to Jason today on capitalism and how he thinks it can be better.
[3:20] Jason recommends reading Sapiens by Yuval Noah Harari.
[5:00] On the fence about joining Venture Alliance? Come as a guest and check it out.
[11:15] Jason introduces Philip.
[12:50] Capitalism is a great system, but we should also try to improve it.
[19:10] Tax payers are paying for what McDonald's/Walmart is not paying.
[23:30] Consumers want it cheap, but they also want jobs. Can we have both?
[28:20] Public education is so bad that Philip is glad we have immigrants coming in with the skills we need.
[34:44] There's a group of people who want to be taxed more, but they don't want that money going into another battleship.
[40:00] Governments should be more localized, because then they'd be more responsive.
[48:11] The reason why Philip decided to become an economist was because he wanted to understand how income is generated and distributed.
Mentioned In This Episode:
Sapiens: A Brief History of Humankind by Yuval Noah Harari
Confronting Capitalism by Philip Kotler