After the rise of the West and Asia, we need a better form of capitalism

Jan 28, 2021

Japan was the first Asian economy to pursue technology and trade. Image: Unsplash

Peter Vanham

Previously, Deputy Head of Media at World Economic Forum. Executive Editor, Fortune

Johnny Harris

Journalist, filmmaker and co-founder, Bright Trip Inc.

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Graph showing global GDP, Asia versus rest of the world.

Figure 1. Global GDP, Asia versus rest of the world. Image: Financial Times, Stakeholder Capitalism

Graphs showing income inequality in India and China.

Figure 2. Income inequality in India and China. Image: World Inequality Database, Stakeholder Capitalism

Graph showing global CO2 Emissions by Region.

Figure 3. Global CO2 Emissions by Region. Image: Our World in Data, Stakeholder Capitalism

The Elephant Graph showing that the increase in global income has been uneven.

Figure 4. The Elephant Graph shows the increase in global income has on average been dramatic, but equally dramatically uneven. Image: Branko Milanovic and Christoph Lakner, World Inequality Report, Stakeholder Capitalism

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Graph showing the Global Stakeholder Model

Figure 5. The Global Stakeholder Model. Image: Stakeholder Capitalism

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