486 | Ruchir Sharma: What Went Wrong with Capitalism - Bailouts, Low Growth, Spiraling Debt, and the Case for Neoliberalism
The Realignment
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Exploring Capitalism and Government Intervention in the 21st Century
The chapter delves into the evolution of capitalism in the modern era, discussing the impact of extensive government interventions like bailouts and regulations on the economic system. It explores the complexities of balancing economic freedom with necessary government intervention, highlighting the challenges faced by policymakers in responding to economic crises while considering the long-term consequences on productivity and public satisfaction.
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