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Episode 714: What Went Wrong With Capitalism

Episode 714: What Went Wrong With Capitalism

FromNewt's World


Episode 714: What Went Wrong With Capitalism

FromNewt's World

ratings:
Length:
31 minutes
Released:
Jun 25, 2024
Format:
Podcast episode

Description

Newt talks with Ruchir Sharma, author of the new book "What Went Wrong With Capitalism.” Sharma discusses how capitalism has been distorted by constant government intervention and the spread of a bailout culture. He argues that 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. Sharma also discusses his upbringing in India and how it shaped his views on capitalism, as well as his career at Morgan Stanley. He suggests that the solution to current economic issues is to reduce government spending and control, and to reform entitlements.See omnystudio.com/listener for privacy information.
Released:
Jun 25, 2024
Format:
Podcast episode

Titles in the series (100)

Join former House Speaker, professor, historian, and futurist Newt Gingrich as he shares his lifetime of knowledge and access to the world’s most interesting minds in a new series that covers all aspects of our society. From history to health, national security to science, Newt offers stories, conversations, and context to uncover new perspectives, knowledge and insight. This podcast isn’t about politics; it’s about exploring the past, present, and future to understand where we’ve been and where we’re going. Welcome to Newt’s World, a podcast for independent thinkers.