Peter A. Georgescu, chairman emeritus and former CEO of Young & Rubicam, spoke at Fordham’s Lincoln Center campus on Tuesday as the 2016 Gannon Lecture speaker. The Gannon Lecture series began in 1980 and aims to bring eminent speakers to Fordham to discuss significant subjects. The series is named after Robert I. Gannon, S.J., former president of the university. Georgescu’s speech reiterated the thesis from his New York Times opinion piece entitled “Capitalists, Arise!” which claims that the free market economy is the solution to income inequality. Georgescu, a Romanian immigrant and labor camp survivor, blamed economists such as Milton Freeman for shifting away from ethical business practices, but defended the merits of the capitalist system for its ability to generate wealth. He said that the solution to income inequality would not be found in the redistribution of wealth, but the reimagining of the employee as an important stakeholder in the company.