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Capitalism 3.0

LSE Space for Thought lecture series

Date: Tuesday 16 June 2009
Time: 6.30-8pm
Venue: Sheikh Zayed Theatre, New Academic Building
Speaker: Professor Dani Rodrik
Chair: Professor Stuart Corbridge

Capitalism needs to be reinvented for a new century in which the forces of economic globalization are much more powerful than before. Just as Adam Smith's minimal capitalism was transformed into Keynes' mixed economy, we need to contemplate a transition from the national version of the mixed economy to its global counterpart. We have to imagine a better balance between markets and their supporting institutions at the global level. Sometimes, this will require extending institutions outward from nation states and strengthening global governance. At other times, it will mean preventing markets from expanding too much and going beyond the reach of institutions that must remain perforce national.

Dani Rodrik is Rafiq Hariri Professor of International Political Economy at Harvard University and teaches in the School's MPA/ID Program. He has published widely in the areas of international economics, economic development, and political economy. What constitutes good economic policy and why some governments are better than others in adopting it are the central questions on which his research focuses. He is affiliated with the National Bureau of Economic Research, Centre for Economic Policy Research (London), Center for Global Development, Peterson Institute for International Economics, and Council on Foreign Relations. He was awarded the inaugural Albert O. Hirschman Prize of the Social Science Research Council in 2007. He has also received the Leontief Award for Advancing the Frontiers of Economic Thought, an honorary doctorate from the University of Antwerp, and research grants from the Carnegie Corporation, Ford Foundation, and Rockefeller Foundation.

This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For more information, email events@lse.ac.uk or phone 020 7955 6043.

Media queries: please contact the Press Office if you would like to reserve a press seat or have a media query about this event, email pressoffice@lse.ac.uk

The Space for Thought Lecture series celebrates the completion of the New Academic Building and is supported by the LSE Annual Fund. The next lecture in the series will be delivered by Professor Amartya Sen on the topic of The Idea of Justice on Monday 27 July. You can see a list of all the lectures in this term's series at Space for Thought Inaugural Lecture Series.

Podcast, Video & Slides

A podcast of this event is available to download from the LSE public lectures and events podcasts channel. 

A video of the event can be watched at LSE Live

A copy of Professor Rodrik's PowerPoint presentation is available to download: Capitalism 3.0 (pdf)


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