Finance Is a Global Commons

Description

The term "tragedy of the commons" was coined to describe what happens when many people vie for the same limited resources, pursuing their own advantage while depleting the stock for all. In this program Hazel Henderson and Leo Burke, director of the Global Commons Initiative, discuss the concept of the financial world as an arena in which everyone has a say. Thanks to the Internet the public now plays a hands-on role in money management, and in the wake of various financial crises is becoming more educated about how the system works. Burke encourages business students to think beyond "private" and "public" sectors to the notion of a unified, democratic, and sustainable common good.

Runtime

32 min

Series

Subjects

Genre

Date of Publication

[2011], c2010

Database

Films on Demand

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