Econ Talk is a weekly podcast from the Library of Economics and Liberty. Today's guest is Branko Milanovich, who contrasts American capitalism with Chinese capitalism in his book Capitalism Alone. This episode was recorded on February 14, 2020; there were only 15 cases of COVID-19 in the United States at that time.
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.