ZS19 - Day 1 Opening by Urs Gredig of CNN Money Switzerland - Zermatt Summit 2019
Channel: Zermatt Summit Foundation
Date: 25/09/2019

The sympathetic, well-known and multilingual moderator leads through the entire event. He introduces the speakers and summarizes what has been said.
Next Summit will be in 2020
www.zermattsummit.org 

Why another Summit?
Our current economic model has become unsustainable, it has lost its moral and political legitimacy. In the competitive market economy it has shown a continuous ability to be creative and to increase wealth. In the last decades, there has been a progressive blurring of its link with the global common good and a significant loss of our capacity to regulate it. Economics have been disconnected from
ethics and politics as financial capitalism tends to nurture a speculative race where money creates more money without sufficiently investing in the economy of goods and services useful to mankind. Destruction of the planet and its biodiversity, growing inequality and poverty, injustice, exclusion and alienation are some of the dysfunctions likely to have significant negative consequences for future generations