What Went Wrong With Capitalism
- Autor: Ruchir Sharma
- Narrador: Fajer Al-Kaisi
- Editor: Simon & Schuster
- Duración: 9:19:11
Sinopsis
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.
Capítulos
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001 WhatWentWrongWithCapitalism - OPEN
Duración: 40s -
002 WhatWentWrongWithCapitalism Prologue WhyIFellForCapitalism
Duración: 10min -
003 WhatWentWrongWithCapitalism Introduction WhatWentWrong
Duración: 41min -
004 WhatWentWrongWithCapitalism PARTI TheRiseAndRiseAgainOfBigGovernment ONE ThereWasNoGoldenAge
Duración: 20min -
005 WhatWentWrongWithCapitalism TWO NoneOfUsAreKeynesiansNow
Duración: 32min -
006 WhatWentWrongWithCapitalism THREE TheReaganEvolution
Duración: 22min -
007 WhatWentWrongWithCapitalism FOUR TheOriginsOfEasyMoney
Duración: 30min -
008 WhatWentWrongWithCapitalism FIVE BailoutCulture
Duración: 31min -
009 WhatWentWrongWithCapitalism SIX TheSurrealLogicOf2020
Duración: 24min -
010 WhatWentWrongWithCapitalism SEVEN BeyondBorrowingAndSpending
Duración: 43min -
011 WhatWentWrongWithCapitalism EIGHT Whack-A-Mole
Duración: 28min -
012 WhatWentWrongWithCapitalism NINE WhyStatesRarelyShrink
Duración: 29min -
013 WhatWentWrongWithCapitalism PARTII ThePerilsOfConstantRelief TEN InSearchOfZombies
Duración: 20min -
014 WhatWentWrongWithCapitalism ELEVEN RiseOfTheOligopolies
Duración: 40min -
015 WhatWentWrongWithCapitalism TWELVE HowMarketsGrewTooBigToFail
Duración: 27min -
016 WhatWentWrongWithCapitalism THIRTEEN WhenBillionairesDoBest
Duración: 40min -
017 WhatWentWrongWithCapitalism FOURTEEN ANewAnswerToTheProductivityParadox
Duración: 32min -
018 WhatWentWrongWithCapitalism PARTIII ThePathToBalance FIFTEEN WhereCapitalismStillWorks
Duración: 42min -
019 WhatWentWrongWithCapitalism SIXTEEN TheOnlyWayOutIsThrough
Duración: 39min -
020 WhatWentWrongWithCapitalism - CREDITS
Duración: 51s