The Evolution of Capitalism

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Bronco Malanovic: The logic of capital is developing that I mentioned before, is twofold. He says there are even more activities that can be commercialized in our private life. And he argues it's not such a bad thing that people can pick up, take out food and not have to cook anymore. Econ Talk airs on weekdays at 9am ET/PT or 1pm CET.

Economist and author Branko Milanovic of the Graduate Center, CUNY, talks about his book, Capitalism, Alone, with EconTalk host Russ Roberts. They discuss inequality, the challenge of corruption in the Chinese system, and Milanovic's claim that in American capitalism, the texture of daily life is increasingly affected by the sharing economy and other opportunities.