TED: Capitalism isn't an ideology -- it's an operating system | Bhu Srinivasan

TED: Capitalism isn't an ideology -- it's an operating system | Bhu Srinivasan

Assessment

Interactive Video

Business, Social Studies

11th Grade - University

Hard

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The video discusses capitalism as a series of marketplaces and argues that it should be viewed as an operating system rather than an ideology. It highlights the need for capitalism to adapt to innovation, similar to how an operating system requires updates. The speaker explores the complexities of property rights and regulation in response to technological advancements. The video also addresses the global economic shift with China's rise and its implications for the U.S. economy. Finally, it emphasizes the importance of decoupling ideology from economics to foster good policy and progress.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the speaker foresee for American capitalism in relation to the Chinese economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker suggest that democracy might impede capitalism?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of thinking about American capitalism as an operating system?

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