Ranking the Top Capitalist Countries - Darden Report
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UVA’s Karsh Institute of Democracy, in partnership with Darden’s Institute for Business and Society, launched the Global Capitalism Index. University of Virginia Darden School of Business Professor Scott C. Miller and his colleagues knew creating a methodologically sound measure to define capitalism and score its practice around the world would take years. So, before they committed to the Odyssean task, they had to answer a basic but critical question: Will this matter? “The problem is that if you ask anyone what capitalism is, the answers are all different. If everyone’s answer is different, we can’t argue about the validity or value of it. That’s a real problem when trying to determine the value of capitalism to society,” Miller said. “We concluded that this word—capitalism—matters to everyone, so it matters to define it and measure how it really works across the globe.” Today, the result of those years of work makes its public debut: UVA’s Karsh Institute of Democracy, where Miller serves as director of the Democracy and Capitalism Lab, in partnership with Darden’s Institute for Business and Society, launched the Global Capitalism Index (GCI).
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