What went wrong with capitalism by Ruchir sharma
Book Overview
In What Went Wrong with Capitalism, Ruchir Sharma explores the gradual shift away from traditional free-market principles toward systems increasingly shaped by government intervention, excessive debt, and corporate dominance.
Drawing on global economic trends and real-world examples, Sharma argues that capitalism has become less dynamic and more distorted over time. He highlights issues such as rising inequality, slowing productivity, and the overreliance on financial stimulus to sustain growth.
The book also examines how policies meant to stabilize economies can sometimes create long-term problems, reducing competition and innovation. Rather than rejecting capitalism entirely, Sharma offers a call to reform—suggesting ways to restore balance, efficiency, and sustainable growth.