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What Went Wrong With Capitalism
Autor:
Opis
Opis
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.
Producent/osoba odpowiedzialna za bezpieczeństwo produktu
Penguin Random House Ireland Limited
Morrison Chambers, 32 Nassau Street
D02 YH68 Dublin
productsafety@penguin.co.uk
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.
Producent/osoba odpowiedzialna za bezpieczeństwo produktu
Penguin Random House Ireland Limited
Morrison Chambers, 32 Nassau Street
D02 YH68 Dublin
productsafety@penguin.co.uk
Szczegóły
Szczegóły
Data wydania: 11.06.2024
Liczba stron: 384
Wymiary: 16.3x24.2
Typ okładki:twarda okładka
Wydawca: Penguin Books Ltd
Autor:
Tytuł:What Went Wrong With Capitalism
EAN: 9780241595763
Recenzje
Recenzje
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Nasza cena:117,00 złCena katalogowa dostawcy: 129,90 zł
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