What Went Wrong With Capitalism
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Krátky popis
*A Financial Times and Wall Street Journal Book of the Year*'My
book of 2024' Alex Bastani, Novara Media'Brilliant ... deeply
arresting' Lewis Goodall, The News Agents PodcastA radical
examination by a leading financial analyst, commentator and
investor of the ills of capitalism and how they can be fixedWhat
went wrong with capitalism? Ruchir Sharma’s explanation is unlike
any you have heard before. Progressives are partly right when they
mock modern capitalism as “socialism for the rich,” but what really
happened in recent decades is that government in developed nations
expanded in just about every measurable dimension, from spending
and regulation to the sheer scale of its rescues each time the
economy wobbled.The result, Sharma says, is “socialized risk,”
expensive government guarantees, for everyone—welfare for the poor,
entitlements for the middle class, and bailouts for the rich.
Voters say they are disillusioned with capitalism, but a system so
distorted by government interventions is a dysfunctional version of
free market ideals. As a result, productivity and economic growth
have slowed sharply, shrinking the pie for everyone and stoking
popular anger.Since these flaws developed as the government
expanded, building an even bigger state will only double down on
what’s gone wrong. The answer Sharma offers is a series of seven
fixes to restore the balance between state support and free markets
and lay the path to a more prosperous and happier future.
Výber kníh autorov
Sharma Ruchir ,
Penguin Books Ltd
Zobraziť všetky knihy autora
Sharma Ruchir,
Penguin Books Ltd
Výber kníh vydavateľa
Slovart
Zobraziť všetky knihy vydavateľa
Slovart
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