The Explosion of Bailout Culture

Acton Line

Eric Kohn and Acton Institute에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Eric Kohn and Acton Institute 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

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Capitalism didn’t fail—it was ruined, says Ruchir Sharma.

In his new book, “What Went Wrong with Capitalism,” Sharma takes you back to the 19th century to illustrate how the reflexes of government have changed. From hands-off to hands-on, from doing too little to help in hard times to trying to prevent anyone from suffering economic pain ever.

The result? Expensive state guarantees for everyone: bailouts for the rich, entitlements for the middle class, and welfare for the poor. Sharma says this constant government intervention and relentless spread of bailout culture has build an even bigger state, one that’s surely going to double down on what ruined capitalism in the first place.

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What Went Wrong with Capitalism | Simon & Schuster

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