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The Munk Debate on the Future of Capitalism

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From: The Future of Capitalism

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This reading consists of a transcript of the Munk Debate on Capitalism. The resolution being debated is "The capitalist system is broken. It’s time to try something different… ". Arguing the pro side are editorial director and publisher of the Nation Katrina vanden Heuvel and former finance minister of Greece Yanis Varoufakis. Arguing the con side are Harvard professor Arthur Brooks and New York Times columnist David Brooks. Journalist Rudyard Griffiths moderates.

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Contributors

Katrina Vanden Heuvel

KATRINA VANDEN HEUVEL is the editorial director and publisher of the Nation, a leading American source of progressive politics and culture, and served as the magazine’s editor from 1995 to 2019. She is a frequent TV news commentator on U.S. and international politics, writes a weekly column for the Washington Post, and is the author of several books, including The Change I Believe In: Fighting for Progress in the Age of Obama.

Yanis Varoufakis

YANIS VAROUFAKIS is a Greek politician, economist, and academic. He served as minister of finance of Greece in 2015 as a member of the Syriza party and now sits as a member of parliament for the MeRA 25, a left-wing party he launched in 2018. He holds a Ph.D. in economics, was a Fellow at the University of Cambridge, lectured in economics at the University of Sydney, and was a professor of economic theory at the University of Athens. Varoufakis has authored several books on game theory, microeconomics, and macroeconomics, as well as the memoir Adults in the Room: My Battle with Europe’s Deep Establishment.

David Brooks

ARTHUR BROOKS is a Harvard professor, bestselling author, a Washington Post columnist, and former president of the D.C.-based American Enterprise Institute. He holds a master’s degree in economics from Florida Atlantic University and a Ph.D. in public policy from the RAND Graduate School in Santa Monica. His latest book is Love Your Enemies: How Decent People Can Save America from the Culture of Contempt, and his other titles include the New York Times bestsellers The Conservative Heart: How to Build a Fairer, Happier, and More Prosperous America and The Road to Freedom: How to Win the Fight for Free Enterprise.

Rudyard Griffiths

DAVID BROOKS is a cultural and political commentator. He is a bi-weekly columnist for the New York Times’ op-ed page, a regular analyst on PBS NewsHour and NPR’s All Things Considered, and a New York Times bestselling author. His most recent book, The Second Mountain: The Quest for a Moral Life, explores how to have a life of meaning and purpose. Brooks currently teaches at Yale University.