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Capitalism and Democracy – A Power Struggle?

Plenary / Panel
in deutscher Sprache

Capitalism has no serious competition as an economic model nor does it seem to need a democratic basis (see China). Is the triumph of capitalism a danger for democracies? Or is that a false alarm? If it turns out to be a threat, what can be done?

President of the Supervisory Board, ERSTE Foundation, Vienna
Television Journalist, Berlin Chair

Mag. Andreas TREICHL

President of the Supervisory Board, ERSTE Foundation, Vienna

 Andreas Treichl has been Chairman of the Management Board of Erste Group Bank AG since 1997. He studied Economic Science at the University of Vienna and started his banking career in 1977 at Chase Manhattan Bank in New York as a credit analyst. Then he worked for Chase in various management positions in Vienna, Athens and Brussels. In 1994, he became Member of the Management Board of Erste Österreichische Spar-Kasse and on 1st of July 1997 Chairman of the Board. He managed the bank after the merger with GiroCredit and took it public. Under his leadership and initiative, the bank, which had been a purely local savings bank up to then, expanded into a leading financial services provider in Central and Eastern Europe with more than 15.9 million customers. Andreas Treichl established the ERSTE Foundation, was Chairman of the Board until 2012 and is Member of the Advisory Board since 2013. He launched numerous initiatives for social development and sustainability, e.g. good.bee and Zweite Sparkasse, enabling access to financial services for disadvantaged target groups.


Television Journalist, Berlin

1982-1984 Volunteer, Aktion Sühnezeichen, World Information on Energy, Amsterdam
1984-1987 School voor de Journalistiek, Utrecht
1987-1989 Correspondent, Dutch Media - Avro Radio en Persdienst GPD, Cologne
1989-1990 Trainee program, TV en radio, WDR - Westdeutscher Rundfunk, Cologne
1990-2002 Editor in Charge, Anchor, several positions, WDR - Westdeutscher Rundfunk, Cologne
1993 Arthur Burns Fellowship, NBC, Denver
2002-2004 Political Correspondent, Phoenix, Berlin
2004-2010 Anchor, daily political talkshow "Phoenix Runde", Berlin
2010-2013 Political TV correspondent, WDR - Westdeutscher Rundfunk, Berlin
since 2013 Self-employed anchor, WDR - Westdeutscher Rundfunk and ARD Morgenmagazin, Berlin
2013-2014 Consultant, MeinesHolla&Partners, The Hague
since 2015 Anchor, daily political talkshow "Phoenix Runde", Berlin

Economic Symposium

show timetable


14:00 - 15:45The New World Trade (Dis)orderPlenary
16:00 - 17:00Europe’s Dream of a Leading Role in the WorldPlenary
16:00 - 17:00Revisiting Friedrich August von Hayek – A ControversyPlenary
17:15 - 18:15Capitalism and Democracy – A Power Struggle?Plenary


08:00 - 08:30“On the Agenda” BreakfastSocial
08:30 - 09:15On the Agenda: Data and the Future of WorkPlenary
08:30 - 09:15On the Agenda: Sustained MobilityPlenary
08:30 - 09:15On the Agenda: Responsible BusinessesPlenary
09:30 - 10:30Managing Insecurity or Managing in Security?Plenary
11:00 - 12:30Breakout Session 01: Company Future Under Scrutiny? Scenarios from Limitation to LiberationBreakout
11:00 - 12:30Breakout Session 02: How Data Determines the Fortunes of States, Corporations and IndividualsBreakout
11:00 - 12:30Breakout Session 03: What Can and Should AI Do? What Kind of Regulation Does Innovation Need?Breakout
11:00 - 12:30Breakout Session 04: Freedom of Choice vs. Regulation When Switching to Alternative DrivesBreakout
11:00 - 12:30Breakout Session 05: How to Avoid the Commodity Trap?Breakout
11:00 - 12:30Breakout Session 06: The Liberty of Offensive PlayBreakout
11:00 - 12:30Breakout Session 07: ‘Ecosystems’ of Digital Champions: How Can Other Businesses Keep Up?Breakout
11:00 - 12:30Breakout Session 08: Ready for the Future – Which Skills Do We Need?Breakout
11:00 - 12:30Breakout Session 09: We and The Digital World – Society and Business in TransitionBreakout
12:00 - 12:15Balcony Scene 7Culture
12:30 - 14:30Lunch ReceptionSocial
13:30 - 14:30Loggia-TalkPartner
14:30 - 16:00Breakout Session 10: Free Trade – of Course!? Can Free Trade Enjoy Sustainable Success?Breakout
14:30 - 16:00Breakout Session 11: How Vulnerable Is Our Economy?Breakout
14:30 - 16:00Breakout Session 12: Yellow Vests and Energy Poverty: Questions of Distribution in Climate and Energy PolicyBreakout
14:30 - 16:00Breakout Session 13: Open Talent Economy – Seeking New Approaches in an Uncertain World of WorkBreakout
14:30 - 16:00Breakout Session 14: Safe Nutrition – Between Individual Self-Realization and Societal GoalsBreakout
14:30 - 16:00Breakout Session 15: The Erosion of Trust Undermines Economic Behavior. How to Restore it?Breakout
14:30 - 16:00Breakout Session 16: Digital Identity: Brave New World?Breakout
14:30 - 16:00Breakout Session 17: The Spy You Love in Your PocketBreakout
14:30 - 16:00Breakout Session 18: How to Cope with Complexity: A Playful Session with Eigenland®Breakout
16:15 - 17:15Unleashing Europe’s Digital PotentialPlenary
17:15 - 18:00Gearing Up For CyberattacksPlenary
18:15 - 19:00Huge Stage of IdeasPlenary
18:30 - 20:30Viennese Wednesday Society of Trade – Edition Alpbach: Consumer Protection in Between Climate Crisis and DigitizationPartner
20:30 - 21:45Alpbach Special: Schrödinger’s Duck in Schrödinger’s HallCulture
22:00 - 23:55Magenta NightSocial


08:00 - 09:0019th Alpbach Europe Breakfast: Europe on the MovePartner
08:00 - 09:00Breakfast ClubPartner
09:00 - 09:30“On the Agenda” BreakfastSocial
09:30 - 10:15On the Agenda: Powering the Energy TransitionPlenary
09:30 - 10:15On the Agenda: The Role of Finance in SocietyPlenary
09:30 - 10:15On the Agenda: Connected IndustriesPlenary
10:30 - 11:00How to Navigate Global TransformationsPlenary
11:00 - 12:00The ‘How To’ in Building Future-Ready BusinessesPlenary
12:00 - 12:15Balcony Scene 8Culture
15:00 - 16:00Loggia TalkPartner