Abstrakt: |
In "What Went Wrong with Capitalism" by Ruchir Sharma, the author argues that capitalism is drowning in excess due to government policies of endless free money and bailouts. Sharma criticizes the distortion of capitalism by governments and central banks, emphasizing the negative impact on productivity and economic growth. Despite some insightful points, the book is criticized for burying key ideas in the second section and reiterating common complaints in the first section. Sharma's analysis of the impact of easy money on oligopolies, zombies, and technology giants is highlighted, along with his call for a return to real production in the economy. [Extracted from the article] |