
Ruchir Sharma - How Capitalism Went Wrong
How To Academy Podcast
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Distorted Capitalism and Government Intervention
The chapter explores how distortions in capitalism today, with increased government intervention, have led to a system where profits are privatized, but losses are socialized. It contrasts the evolution of capitalism from its original principles to the current state, discussing the growing role of government in the economy and the impact on wealth inequality.
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