The Impact of Big Government on Capitalism

The U.S. Surgeon General wants a tobacco-style warning on social media, and George Clooney, Julia Roberts, and Jimmy Kimmel helped President Biden’s campaign raise $30m at a Hollywood fundraiser over the weekend. Author and investor Ruchir Sharma is out with a new book, “What Went Wrong with Capitalism.” He makes a capitalist critique of our economic system in a lively discussion about the government’s relationship with private industry. Plus, flight tracking company Hopper says July 4th deals are still on the table; the app’s lead economist Hayley Berg explains why prices are down this year, and how to save on a last minute getaway.

Ruchir Sharma - 14:10

Hayley Berg - 25:53

In this episode:

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin,@andrewrsorkin

Becky Quick,@BeckyQuick

Katie Kramer,@Kramer_Katie

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