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The Realignment

Ruchir Sharma, author of What Went Wrong with Capitalism, joins The Realignment. In this episode, Ruchir argues that many of America's ills and the populace's rejection of the status quo stems from too little, as opposed to too much marketfocused thought, offers a revisionist history of the post1980s Neoliberal era, makes the case against the rising rate of government bailouts of private industry, and instead offers a vision focused on reducing debt, increasing productivity, and growthfocused deregulation.

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0:00 Introduction
0:58 What went wrong with Capitalism?
7:31 Bailouts
17:18 Political decision making
20:35 Bailout cycle
24:37 Why do bailouts happen?
28:25 American economic history
33:18 Response to critics
37:30 What did the government not do?
42:40 National security & the economy
51:42 Ruchir’s vision

posted by lalBarlnadwayn6