TED Circles #4 - Money matters (Dec 16)

Neoliberalists believe in the efficient, self-adjusting mechanism of the free market. They argue that free market and trade will create economic growth, increase the size of the pie that society as a whole can consume, thus generate more for all even when there is some inequality.

It’s high time we questioned whether this “more-for-all” assumption held true. Traditional economy was bound by national territory, thus supply matched demand locally at equilibrium price level. However, in the age of globalization, capital is global while labor is local. Multinational corporations with tremendous transnational bargaining power can always keep price of labor (wage) low by shifting production to places of cheap labor or automation.

Consequently, in developed countries, job loss to foreign market and automation results in extreme social insecurity and tyranny of the majority which undermine democracy. In developing nation, the poor suffer with subsistence wage, terrible working conditions and environmental degradation. When any disruption, either climate change or automation, hits hard, the working poor are always at the forefront of damage and society is prone to chaos.

  • Is "every-man-for-himself" - the idea that individuals acting rationally in pursuit of their own interests - the driver of our economic prosperity or a selfish, morally corrosive notion based on pseudoscience?
  • What are the cascading impacts that inequality have on our society?
  • Why money matters? How does it affect our human psychology and behaviors?
  • Can we make cooperation competitive?

- 7:00 pm - 9:00 pm

- 〒100-0004 東京都千代田区大手町1-1-3 大手センタービル 22階 ロバート・ハーフ オフィス


The event's theme is "Learning That Matters". TEDxOtemachiED features learners, educators, innovators from across disciplines who will speak to a variety of issues regarding Education - one of the most important, powerful systems of organized human life. We will explore ideas, ranging from personal strategies for lifelong pursuit of knowledge to curriculum and pedagogical innovation, from latest trends in Ed-tech to the next generations of learning space design, from Education for Sustainability to the question of envisioning graduates of the future. Faced with unforeseeable changes that the future brings, opportunities and crisis alike, it’s high time we ask: What are truly worth educating for?

TEDxLive event is a global initiative to make the TED conference more open, more global, and its impact more immediate. Communities around the world can engage with, as well as build on, the TED Conference experience as it happens live. At TEDxOtemachiLive, we are to watch the official TED Conference through a webcast, then listen to live speakers whose powerful ideas will intellectually stimulate, emotionally connect, and genuinely inspire.

The theme of TED2019 is "Bigger than us". Together let's explore the endless possibilities of tantalizing technology, compassionate human systems & important values that drive a more sustainable future, shed light on our search for deeper meaning.


In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.