What Went Wrong With Capitalism?
Capitalism has reinvented itself many times, from laissez-faire to Keynesianism to the Reagan-Thatcher era. But if the 2008 crisis ended the old model, what replaces it? Bloomberg Opinion’s John Authers and Rockefeller International’s Ruchir Sharma reveal why today’s system feels broken for some: concentrated power, constant bailouts, weak productivity, and shrinking opportunity. They explore whether smarter government, deregulation, and rising global examples like those in Switzerland, Taiwan, and Vietnam can point toward a workable “Capitalism 4.0.”
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