What Went Wrong with Capitalism. Ruchir Sharma
What-Went-Wrong-with-Capitalism.pdf
ISBN: 9781668008263 | 384 pages | 10 Mb
- What Went Wrong with Capitalism
- Ruchir Sharma
- Page: 384
- Format: pdf, ePub, fb2, mobi
- ISBN: 9781668008263
- Publisher: Simon & Schuster
Free computer ebook download What Went Wrong with Capitalism (English Edition) 9781668008263 CHM
A century of expanding government has distorted financial markets, stoked massive inequality, and soaked America in debt. Capitalism didn’t fail, it was ruined... What went wrong with capitalism? Ruchir Sharma’s account is not like any you will have heard before. He says progressives are right, in part, when they mock modern capitalism as “socialism for the rich.” For a century, governments have expanded in just about every measurable dimension, from spending to regulation and the scale of financial rescues when the economy wobbles. The result is expensive state guarantees for everyone—bailouts for the rich, entitlements for the middle class, welfare for the poor. Taking you back to the 19th century, Sharma shows how completely the reflexes of government have changed: from hands-off to hands-on, from doing too little to help anyone in hard times to today trying to prevent anyone suffering any economic pain, ever. Trading sins of omission and indifference for excesses of spending and meddling, governments from the United States to Europe and Japan have pumped so much money into their economies that financial markets can no longer invest all that capital efficiently. Inadvertently, they have fueled the rise of monopolies, “zombie” firms, and billionaires. They have made capitalism less fair and less efficient, which is slowing economic growth and fueling popular anger. The first step to a cure is a correct diagnose of the problem. Capitalism has been badly distorted by constant government intervention and the relentless spread of a bailout culture. Building an even bigger state will only double down on what ruined capitalism in the first place.
What Went Wrong with Capitalism (Hardcover)
A century of expanding government has distorted financial markets, stoked massive inequality, and soaked America in debt. What went wrong with capitalism?
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What Went Wrong with Capitalism
Inadvertently, they have fueled the rise of monopolies, “zombie” firms, and billionaires. They have made capitalism less fair and less efficient, which is
What Went Wrong with Capitalism by Ruchir Sharma
The first step to a cure is a correct diagnose of the problem. Capitalism has been badly distorted by constant government intervention and the relentless spread
What Went Wrong with Capitalism
Many high-profile symbols of capitalism gone wrong, including the rise of monopolies and billionaires, are effectively creatures of a borrow and bailout culture
What Went Wrong with Capitalism (Hardcover)
Inadvertently, they have fueled the rise of monopolies, “zombie” firms, and billionaires. They have made capitalism less fair and less efficient, which is
What Went Wrong with Capitalism (Compact Disc)
What Went Wrong with Capitalism By Ruchir Sharma, Fajer Al-Kaisi (Read by. What Went Wrong with Capitalism (Compact Disc). By Ruchir Sharma, Fajer Al-Kaisi
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