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Since his humble beginnings on the outskirts of Milan, Marco Dondi has established his career and expertise as a strategy consultant with over a decade of experience in advising CEOs and government officials on economics, economic development, banking, education, adult training, and people development.
In his book, Outgrowing Capitalism, Marco Dondi sheds light on the fact that most people do not have the economic security to focus on purpose and life fulfillment. Instead of generating value and increasing well-being in society, free-market money creation through private banks has led to the inflation of house prices, financial crises, increasing inequality, and mountains of private debt.
Dondi believes that the assumptions and circumstances that made capitalism a success are no longer true today. In Outgrowing Capitalism, he provides a pragmatic roadmap to institutionalize monetarism and solve societal issues that only seem as permanent as time.
Key takeaways:
I think capitalism was born in a place where it was an agrarian society where every bit of capital increased productivity and gave the ability to not be subjected to the rains and the gods sending the rains, but to the ability to reliably get food. I think today, we are way, way beyond that point. And so that’s the point of our growing right, I think we have outgrown the world in which we lived when capitalism was the best alternative and the best option. (2:43)
So I will say that’s the starting point for me is like, you create an infrastructure where every citizen has a bank account at the Central Bank, just for emergency. (12:30)
Whatever the price, look, it’s basic, I need to get it like it’s so I think you need to add a bit more thinking and structuring and setting the guardrails. Otherwise, the markets and the private sector will just take advantage. (28:34)
Marco holds an MBA (INSEAD, 2012) and a Master’s in management, economics, and industrial engineering (Politecnico di Milano, 2009). His book, Outgrowing Capitalism, is available on Amazon: https://amzn.to/3AZs0uP