Ruchir Sharma - How Capitalism Went Wrong
How To Academy Podcast
00:00
Exploring Capitalism and Economic Freedom in Different Countries
The chapter delves into various countries like Argentina, Malaysia, Switzerland, Taiwan, and Vietnam, discussing the balance between regulation, government spending, and economic freedom as crucial for capitalism's success. It emphasizes the importance of maintaining economic freedom while cautioning against excessive socialization of risk in capitalism. There are calls for Western countries to learn from emerging markets and address underlying issues like income inequality and excessive government intervention in the economy.
Transcript
Play full episode
