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What Went Wrong with Capitalism

12 minRuchir Sharma

What's it about

Is capitalism broken? If you feel like the economy is rigged, benefiting only the mega-rich while your own progress stalls, you're not alone. Discover why the system that once promised prosperity for all now seems to be failing the average person. Learn how government overreach and billionaire bailouts have distorted the free market. Ruchir Sharma reveals how we can escape this cycle of "socialized risk and privatized profit" and restore a capitalism that rewards genuine innovation and creates real opportunities for everyone, not just the elite.

Meet the author

As the former head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management, Ruchir Sharma spent 25 years traveling the world, gaining unparalleled on-the-ground insights. This unique vantage point, moving beyond sterile data to meet with presidents, factory workers, and entrepreneurs, allowed him to see firsthand the cracks forming in modern capitalism. His analysis is born not from theory, but from decades of real-world experience observing how economies truly function and where they have begun to fail.

What Went Wrong with Capitalism book cover

What's it about

Is capitalism broken? If you feel like the economy is rigged, benefiting only the mega-rich while your own progress stalls, you're not alone. Discover why the system that once promised prosperity for all now seems to be failing the average person. Learn how government overreach and billionaire bailouts have distorted the free market. Ruchir Sharma reveals how we can escape this cycle of "socialized risk and privatized profit" and restore a capitalism that rewards genuine innovation and creates real opportunities for everyone, not just the elite.

Meet the author

As the former head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management, Ruchir Sharma spent 25 years traveling the world, gaining unparalleled on-the-ground insights. This unique vantage point, moving beyond sterile data to meet with presidents, factory workers, and entrepreneurs, allowed him to see firsthand the cracks forming in modern capitalism. His analysis is born not from theory, but from decades of real-world experience observing how economies truly function and where they have begun to fail.