![]() ![]() And all of that, it’s my understanding, is going to be done by the machine. I think part of the beauty of Monopoly is the simple things, like making change and understanding whether you have enough funds. Will the learning element of Monopoly, in some respects, be taken out if there’s not any more money in the game, and it’s all debit cards? Knowledge at Wharton: We’ve talked on this show about financial literacy and the problems that we have with it. So it’s funny to me that over a century later, we are going full circle again, and the game’s still evolving. And one of the things that those early folk players did was, they modified the game to make it their own, to reflect their times. It was played as a folk game for 30 years before Parker Brothers even touched it. It was invented by a woman in 1904 as kind of a left-wing protest against monopolies. There are all of those different “opoly” games, often times based on your alma mater, different cities and things.īut what’s so ironic about this is, Parker Brothers acquired Monopoly in 1935 as a brand, but the game had a full life before that. They will revamp it to add things like debit cards, credit cards. They acquired the Monopoly brand when they acquired Parker Brothers in 1991. Hasbro has actually done this a few times. Knowledge at Wharton: Is it a surprise to see this happen with such a legendary game as Monopoly? So how important can one old board game be, and what impact will changing it really have? To find out, the Knowledge at Wharton show on Wharton Business Radio on SiriusXM channel 111 talked to Mary Pilon, author of the best-selling book “The Monopolists,” about the history of the game, and Geetha Ramani, an assistant professor specializing in human development and quantitative methodology at the University of Maryland, and director of its Early Childhood Interaction Lab.Īn edited transcript of the interview appears below. And while that may seem more relevant to kids who rarely see their parents pay with anything other than plastic, it’s also taking something vital, tangible - and educational - out of the game. So Hasbro’s next update to the classic game will replace paper money with debit cards and scanners, among other changes. But in our increasingly digital, screen-focused era, the maker of the iconic board game feels it has to shift with the times, too. Just about every adult in America has played Monopoly at some point. Will Debit Cards Make the Monopoly Game Less Fun? Choosing a New Board Leader: Eight Questions March 7, 2023.Speak With Confidence: Four Fixes That Work April 11, 2023.It’s Not You - It’s Your Goals: Knowing When to Quit May 30, 2023.Generating Ideas: A Process for Breakthrough Innovation June 14, 2023.Meet the Authors: Wharton’s Katy Milkman on How to Change May 14, 2021.Meet the Authors: Mauro Guillén on How Businesses Succeed in a Global Marketplace June 21, 2021.Meet the Authors: Wharton’s Peter Cappelli on The Future of the Office November 4, 2021.Meet the Authors: Erika James and Lynn Perry Wooten on The Prepared Leader October 3, 2022. ![]() How National Politics Are Impacting DEI in the Workplace February 7, 2023.Diversity at Work: Why Inclusive Storytelling Matters April 4, 2023.Improving Accessibility in the Workplace - and in Space May 16, 2023.How Employers Can Support Women’s Reproductive Rights June 20, 2023.Great Question: Kevin Werbach on Cryptocurrency and Fintech July 21, 2021.Great Question: Dean Erika James on Crisis Management August 16, 2021. ![]()
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