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What Went Wrong With Capitalism

Ruchir Sharma
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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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Dane bibliograficzne / Bibliographic info
Rodzaj (nośnik) / Type of product książka / book
Dział / Department Książki i czasopisma / Books and periodicals
Autor / Author Ruchir Sharma
Tytuł / Title What Went Wrong With Capitalism
Język / Language angielski
Wydawca / Publisher Allen Lane
Rok wydania / Published in year 2024
Rodzaj oprawy / Binding type Twarda z obwolutą
Wymiary / Size 15.5x24.0
Liczba stron / Number of pages 368
Ciężar / Weight 0,605 kg
   
ISBN 9780241595763 (9780241595763)
EAN/UPC 9780241595763
Stan produktu / Condition nowy / new - sprzedajemy wyłącznie nowe nieużywane produkty
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