Will Emerging Economies Let Today´s Anarchists Become Tomorrow´s Capitalists?

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A Presentation for the EnterpreneurSHIP event at the ESCP Business School in Madrid on Thursday 23rd October 2014

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Will they let today´s Anarchists becomes Tomorrow´s Capitalists?- An important way the New World could be different

“We’ve never had the ability in our industry to reach five billion people with a computer and now we have the ability to do that"

Marc AndreessenDec. 12, 2012

The OECD (or old) World

Michael Kinsley on Al Gore

"an old person's idea of a young man"

Emerging Economies (or New World)

“It is ironic in emerging markets, where social policies are sometimes underdeveloped, that governments favor “mainstream” creative entrepreneurs to create jobs. Meanwhile, they try to restrict or control members of an “unfavorable” creative class”

And as Western economies also found out, there’s no bubble more easily inflatable than a housing bubble; you can borrow for it and you can borrow against it. You can sell securities through it. You can have a pretend economy.

There’s something about construction that seems to matter a lot to Erdogan’s grip on power. The fact is, no other industry does the same job that banks do of dispersing money throughout the economy, while avoiding the banking sector’s transparent accounting practices. In other words, construction spreads employment and largesse among huge slices of the poorer voting population

“The most memorable stories in Hatching Twitter almost invariably involve Dorsey, who rises from his early programming days as an anarchist with a speech impediment to a man who co-founds two billion-dollar companies

To: Investors, Governments, Graduates

Joe Haslam

Chairman, Hot Hotels, http://hot.co.ukAssociate Prof, IE Business School

Lives in: Madrid, Spain

http://www.linkedin.com/in/joehashttp://twitter.com/joehas

Ever tried. Ever failed. No matter. Try again. Fail again. Fail better.

Samuel Beckett (1906-1989)

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