Has capitalism lost its way?

Ruchir Sharma, a former fund manager and critic of modern capitalism, dives deep into the flaws of the current economic system. He argues that capitalism has become less fair and efficient, exacerbated by government intervention. Sharma contrasts histories of India's and America's approaches to capitalism, emphasizing how economic discipline might be more crucial than democracy. He highlights the growing wealth gap in the U.S. and critiques bailouts that favor the few, urging a debate on whether to let the market self-correct or maintain safety nets for failing institutions.