For many, Forbes Magazine is a household name, famous for both its savvy business reporting and yearly lists of the highest-paid celebrities and entrepreneurs.
On Wednesday, Steve Forbes, the magazine’s editor-in-chief, will be at Gonzaga to present on the importance of the free-market economy. Forbes is CEO of Forbes Media and has run several times for president on the Republican ticket.
Forbes’s talk, entitled, “How Capitalism Will Save Us,” is sponsored by the Gonzaga University College Republicans (GUCR).
Nick Gervasini, President of GUCR, hopes for a high turnout at the event.
“I think on college campus, we talk a lot about social issues,” Gervasini said. “A lot of the clubs and organizations [at GU] that are political are mostly about social issues, and I don’t think we talk enough about economic issues.”
Gervasini said he feels Forbes will be a good contrast to Angela Davis, who gave a talk at GU in the fall.
“We’re not doing this in reaction to her or anything, but she was a pronounced communist, so it’s kind of interesting how now we have someone who’s about free-market economies. I think it’ll be good because I don’t think it’s something a lot of students know or talk a lot about,” Gervasini said.
He believes Forbes’ speech can be an enlightening experience for attendees.
“I think Forbes will debunk some [of the misconceptions] people might have about capitalism,” Gervasini said.
Forbes’ talk will begin at 7 p.m. and run roughly 45 minutes to an hour in length. Afterward, there will be a short Q-and-A session, allowing students and community members to directly connect with Forbes.
Gervasini is hopeful that students and community members can put aside any preconceptions and attend the talk with an open mind.
“I think it’s interesting that the left talks about being open minded, but a lot of the students that I’ve run into that have made comments about this event — I don’t think they necessarily are [open minded],” Gervasini said. “I would just ask that people come and listen, give it a try and see what they think.”
While Forbes is a Republican, his company and magazine acknowledge both ends of the political spectrum, and Forbes Magazine is one of the most widely circulated business magazines in the world, as Gervasini pointed out.
“[The magazine] is popular for a reason, and not everyone in the business world that reads it is far right conservative. There’s definitely both sides in there,” Gervasini continued.
The presentation will take place in the Hemmingson Ballroom, and doors open at 6 p.m. Tickets are sold out, and there is a waiting list.