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What went wrong with capitalism
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Manage episode 428159161 series 1528591
Content provided by LSE Film and Audio Team, London School of Economics, and Political Science. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by LSE Film and Audio Team, London School of Economics, and Political Science or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Contributor(s): Ruchir Sharma | Sharma says progressive youth are partly right and that capitalism has morphed into “socialism for the very rich.” The broader issue, however, is socialised risk for the poor, the middle class and the rich; government is trying to guarantee that no one ever suffers economic pain by borrowing heavily to prevent recessions, extend recoveries, and generate endless growth. The result is rapidly rising debt and declining competition.
…
continue reading
455 episoade
MP3•Pagina episodului
Manage episode 428159161 series 1528591
Content provided by LSE Film and Audio Team, London School of Economics, and Political Science. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by LSE Film and Audio Team, London School of Economics, and Political Science or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Contributor(s): Ruchir Sharma | Sharma says progressive youth are partly right and that capitalism has morphed into “socialism for the very rich.” The broader issue, however, is socialised risk for the poor, the middle class and the rich; government is trying to guarantee that no one ever suffers economic pain by borrowing heavily to prevent recessions, extend recoveries, and generate endless growth. The result is rapidly rising debt and declining competition.
…
continue reading
455 episoade
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