American political democracy as we know it is in danger. After forty years of growing economic disparity, and accentuated by the 2020 pandemic, the average family in the United States may no longer believe that our system of government is right for them.
According to Roger Martin, to save democratic capitalism from itself, we must stop viewing our economy as a perfectible machine and instead understand it as a natural system – one that is complex and adaptive, and seeks to balance efficiency with resilience. Martin is Professor Emeritus at the Rotman School of Management at University of Toronto, where he served as Dean from 1998 to 2013. In 2017, he was named the world’s number one management thinker by Thinkers50. I had a chance to ask him about his new book, When More Is Not Better: Overcoming America’s Obsession With Economic Efficiency.
Read the full article at Forbes.
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