ISBN-13: 9781668008263
A century of expanding government has distorted financial markets, stoked massive inequality, and soaked America in debt.Capitalism didnt fail, it was ruined... What went wrong with capitalism? Ruchir Sharmas account is not like any you will have heard before. He says progressives are right, in part, when they mock modern capitalism associalism 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 everyonebailouts 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.
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What Went Wrong with Capitalism EPUB Free
What Went Wrong with Capitalism Audiobook
What Went Wrong with Capitalism Free EPUB
Download PDF What Went Wrong with Capitalism
ISBN-13: 9781668008263
A century of expanding government has distorted financial markets, stoked massive inequality, and soaked America in debt.Capitalism didnt fail, it was ruined... What went wrong with capitalism? Ruchir Sharmas account is not like any you will have heard before. He says progressives are right, in part, when they mock modern capitalism associalism 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 everyonebailouts 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.
tags:
What Went Wrong with Capitalism EPUB Free
What Went Wrong with Capitalism Audiobook
What Went Wrong with Capitalism Free EPUB
Download PDF What Went Wrong with Capitalism
EPUB Book What Went Wrong with Capitalism
Difficulté
Hard Difficile
Durée
891 minute(s) minute(s)
Catégories
Art, Électronique, Mobilier, Musique & Sons, Science & Biologie
Français
English
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