Ruchir Sharma — What Went Wrong with Capitalism? | Prof G Conversations

Ruchir Sharma, the Chairman of Rockefeller International and Founder and Chief Investment Officer of Breakout Capital, an investment firm focused on emerging markets, joins Scott to discuss his latest book, “What Went Wrong with Capitalism.” Follow Ruchir on X, @ruchirsharma_1.

Timestamps:
00:00 In this episode
00:42 How has capitalism been ruined?
02:42 Are we over-regulating?
04:46 Does over-regulation suppress economic growth?
06:12 Why did economies slow in the 2010s and where are they today?
09:06 Are low corporate tax rates the cause of the decline in productivity?
10:24 Where should we cut government spending?
13:15 What policies or laws would you want to see implemented right away?
15:19 What is the Indian economy like and what are its future prospects?
18:14 What rules for successful nations is the UK following and breaking?
19:49 Is the US’s advantage over Australia, Canada, and the UK due to its tech sector and AI?
21:10 Compare and contrast different nations’ immigration policies. What is the ideal policy?
22:49 Have we done a better job assimilating or do we attract a different type of immigrant?
23:32 Which economies are you most bullish on?
25:52 Thoughts on China?


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