What Went Wrong with Capitalism by Ruchir Sharma Hardcover Book

Description: What Went Wrong with Capitalism by Ruchir Sharma Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description A century of expanding government has distorted financial markets, stoked massive inequality, and soaked America in debt. Capitalism didnt fail, it was ruined... What went wrong with capitalism? Ruchir Sharmas account is not like any you will have heard before. He says progressives are right, in part, when they mock modern capitalism as "socialism for the rich." For a century, governments have expanded in just about every measurable dimension, from spending to regulation and the scale of financial rescues when the economy wobbles. The result is expensive state guarantees for everyone--bailouts for the rich, entitlements for the middle class, welfare for the poor. Taking you back to the 19th century, Sharma shows how completely the reflexes of government have changed: from hands-off to hands-on, from doing too little to help anyone in hard times to today trying to prevent anyone suffering any economic pain, ever. Trading sins of omission and indifference for excesses of spending and meddling, governments from the United States to Europe and Japan have pumped so much money into their economies that financial markets can no longer invest all that capital efficiently. Inadvertently, they have fueled the rise of monopolies, "zombie" firms, and billionaires. They have made capitalism less fair and less efficient, which is slowing economic growth and fueling popular anger. The first step to a cure is a correct diagnose of the problem. Capitalism has been badly distorted by constant government intervention and the relentless spread of a bailout culture. Building an even bigger state will only double down on what ruined capitalism in the first place. Author Biography Ruchir Sharma is chairman of Rockefeller International and founder and chief investment officer of Breakout Capital, an investment firm focused on emerging markets. He moved to Rockefeller in 2022 after a twenty-five-year career at Morgan Stanley, where he was head of emerging markets and chief global strategist. Based in New York, he is a contributing editor at the Financial Times and a contributing opinion writer at The New York Times. His work has also appeared in The Wall Street Journal, Foreign Affairs, The Atlantic, The Guardian, and Foreign Policy. He is the author of four books, the international bestseller Breakout Nations, the New York Times bestseller The Rise and Fall of Nations, Democracy on the Road, and The 10 Rules of Successful Nations. Details ISBN 1668008262 ISBN-13 9781668008263 Title What Went Wrong with Capitalism Author Ruchir Sharma Format Hardcover Year 2024 Pages 384 Publisher Simon & Schuster GE_Item_ID:160310457; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

Price: 27.19 USD

Location: Fairfield, Ohio

End Time: 2024-08-31T16:41:53.000Z

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