What Went Wrong With Capitalism
Language: English
Published by Penguin Books Ltd Jun 2024, 2024
- Hardcover
- New
Seller: buchversandmimpf2000, Emtmannsberg, BAYE, Germanybuchversandmimpf2000
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Neuware -A 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.Libri GmbH, Europaallee 1, 36244 Bad Hersfeld 384 pp. Englisch.…
Seller Inventory # 9780241595763
- Title
- What Went Wrong With Capitalism
- Author
- Ruchir Sharma
- Publisher
- Penguin Books Ltd Jun 2024
- Publication year
- 2024
- Condition
- Neu
- Binding
- Buch
- Language
- English
- ISBN 10
- 0241595762
- ISBN 13
- 9780241595763
- Item weight
- 606 grams
- Dimensions
- 237x156x37 mm
*A Financial Times and Wall Street Journal Book of the Year*
'My book of 2024' Aaron Bastani, Novara Media
'Brilliant ... deeply arresting' Lewis Goodall, The News Agents Podcast
A radical examination by a leading financial analyst, commentator and investor of the ills of capitalism and how they can be fixed
What 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.
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About the Author
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buchversandmimpf2000
Emtmannsberg, BAYE, Germany
AbeBooks seller since January 23, 2017
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