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21min chapter
The Explosion of Bailout Culture
Acton Line
Capitalism in Crisis: Post-Pandemic Reflections
This chapter critiques modern capitalism, focusing on its evolution and the impact of government interventions following the pandemic. It discusses the emergence of 'zombie companies' and the implications of bailout culture on productivity and innovation. The speaker warns about the troubling increase in government spending and budget deficits, highlighting the risks associated with the current path of economic complacency.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode