[applause] >> at that same event hosted by the economist, lynn rothschild and how to make society more inclusive. this is about 25 minutes. >> it is my pleasure to welcome the chief executive of e.l. rothschild to join me for our discussion about capitalism in the world in 2013. [applause] >> thank you. >> apart from being chief executive of e. l. rothschild, you are also co-chair of the henry jackson initiative. that is where we are going to start. first of all, why increasing capital? that implies there is a problem with exclusive capital in the first place. >> i want to first thank you for including eric schmidt tonight. their combined ages younger than i am, thank you. eric makes me feel more comfortable. i appreciate that. then henry jackson initiative on inclusive capitalism is a transatlantic, private, bipartisan group that got concerned about the feeling that maybe most people -- that too many people were thinking that capitalism was collusive capitalism. those of us who were born in the 1950's or 1960's, and there are not many of us in this room tonight, we grew up believing t

at 9:30, lynn rothschild talks about ethics in business and opportunities for women and youth unemployment. and at 10:00 p.m. eastern, google chairman emmitt schmidt talks about the role of the internet on society including health care and energy, that's tomorrow night beginning at 8:00 p.m. on c-span. >> i think cybersecurity remains the top priority because of its natural implications. we saw congress failed to reach an agreement on cybersecurity legislation in 2012 as perhaps many would have predicted. they remain very far apart because industry is very opposed to any cybersecurity standards. >> i think another big issue is going to be implementing the incentive auction to create more spectrum so the f.t.c. has its sleeves rolled up and is in the midst of working on that. some of the hot button issues on that are unlicensed spectrum, you know, that power is i would phi and the other amazing devices the tech sector is coming up. >> net neutrality could be an issue. the d.c. circuit is considering verizon's challenge to the verizon's challenge to the f.c.c. rules.

rothschild to join me about the capitalism discussion in society in 2013. [applause] >> thank you. >> lynn, i should say apart from being chief executive of e. l. rothschild also the director of "economist" and co-chair of the henry jackson initiative on capitalism. that's where we're going start. first of all, why inclusive capitalism? that implies there is a problem about exclusive capitalism in the first place. >> well, i want to first thank you for including eric schmidt tonight, because when i realized i was on stage with sean and john the combined age was younger than i am. so thank you. [laughter] eric makes me feel more comfortable. [laughter] so i appreciate that. so the henry jackson initiative on inclusive capitalism is a transatlantic, private, bipartisan group that got concerned about the feeling that maybe most people are -- too many people were thinking that capitalism was collusive capitalism. and both of us who were born in the '50s or '60s there aren't many in this room tonight, we grew up believing that we could work hard, play by the rules, and anything was possible. it