"I think there's going to be some changes. You point out that religion is declined," he says. "We see pushback from secular, we could call it secular religion with faiths of non-divine origin" He adds: "In that sense, wealth is a bigger, as I mentioned that in the book, is actually a huge ... It gives you freedom"
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.