Most countries face a trio of inequalities – of income, wealth, and opportunity ...
Aliso Viejo, CA. (PRWEB) March 20, 2015
Mohamed A. El-Erian, Chief Economic Advisor at Allianz and Chair of the President’s Global Development Council, and Sallie Krawcheck, Chair of Ellevate Network and Ellevate Asset Management, will be speaking at the Soka Performing Arts Center on Tuesday, April 7, at 7 p.m. on “The Economics of Inequality: A Conversation about Wealth, Income and Opportunity.” Tickets are $10 and include a post-event dessert reception. (http://www.performingarts.soka.edu).
To encourage widespread access to the topic, Soka University will provide free tickets and transportation reimbursement to organized high school groups of 30 or more high school sophomores and juniors who pre-register, or to anyone experiencing financial hardship. For more information, contact changemakers(at)soka(dot)edu.
Dr. El-Erian formerly served as chief executive and co-chief investment officer at PIMCO, the global investment management firm owned by Allianz. He was named to Foreign Policy’s list of “Top 100 Global Thinkers” for four consecutive years, and is author of NYT bestseller, When Markets Collide. Ms. Krawcheck is past CEO at Merrill Lynch and Smith Barney, and has been dubbed everything from “The Last Honest Analyst” (Fortune), and the “First Lady of Wall Street” (New York) to one of the “100 most creative people of 2014” (Fast Company).
“Most countries face a trio of inequalities – of income, wealth, and opportunity – which, left unchecked, reinforce one another, with far-reaching consequences. Indeed, beyond this trio’s moral, social, and political implications lies a serious economic concern: instead of creating incentives for hard work and innovation, inequality begins to undermine economic dynamism, investment, employment, and prosperity,” said Dr. El-Erian in his Project Syndicate column, “The Inequality Trifecta.”
“Capitalism is the greatest economic model in history. That said, sometimes it breaks, as we’ve seen. But one of its strengths is that it also can shift and change; and we may be on the verge of one such change…,” said Ms. Krawcheck, in the blog post “Inclusive Capitalism.”
The conversation will be moderated by Richard Greene, communications strategist and best-selling author. In addition to the discussion, the audience will learn actionable steps we can each take to create a more equitable society.
Soka University’s Changemakers program is producing the event in partnership with the Orange County Register. Soka Changemakers’ events connect students and the community to the people, ideas and organizations that change the world for good.
Soka University is a private, four-year liberal arts college and graduate school in Aliso Viejo, CA. It is ranked in the top 50 liberal arts colleges in the nation by US News and World Report's "Best Colleges 2015." Founded upon the principles of peace, human rights and the sanctity of life, SUA is open to top students of all nationalities and beliefs. Admitted students whose annual family income is $60,000 or less may be eligible for Soka Opportunity Scholarships which cover full tuition. Additional scholarship opportunities are available for higher income levels.
Mohamed El-Erian & Sallie Krawcheck in “The Economics of Inequality: A conversation about wealth, income and opportunity.”
Soka University Performing Arts Center
Tuesday, April 7, 7 – 8:30 p.m.