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The Explosion of Bailout Culture

Acton Line

CHAPTER

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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