Satyajit Das: The Cultural Transformation of the World of Finance (6/6)

Satyajit Das: The Cultural Transformation of the World of Finance (6/6)

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the importance of adopting a historical and integrated perspective to address societal issues, using the 2008-2009 financial crisis as a case study. It highlights the need for global consensus to tackle economic challenges like currency wars and global imbalances. The concept of TINA (There Is No Alternative) is explored, emphasizing the difficulty of changing entrenched economic beliefs. The discussion also reflects on the symptoms of global crises and the role of financial systems in managing risk. The conversation concludes with a recommendation to read a book that covers these topics in depth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker suggest we should reflect on the current financial system?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three main functions of finance as mentioned in the discussion?

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