
What Went Wrong with Capitalism
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Narrated by:
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Fajer Al-Kaisi
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By:
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Ruchir Sharma
About this listen
A century of expanding government has distorted financial markets, stoked massive inequality, and soaked America in debt.
Capitalism didn’t fail, it was ruined...
What went wrong with capitalism? Ruchir Sharma’s account is not like any you will have heard before. He says progressives are right, in part, when they mock modern capitalism as “socialism for the rich.” For a century, governments have expanded in just about every measurable dimension, from spending to regulation and the scale of financial rescues when the economy wobbles. The result is expensive state guarantees for everyone—bailouts for the rich, entitlements for the middle class, welfare for the poor.
Taking you back to the 19th century, Sharma shows how completely the reflexes of government have changed: from hands-off to hands-on, from doing too little to help anyone in hard times to today trying to prevent anyone suffering any economic pain, ever. Trading sins of omission and indifference for excesses of spending and meddling, governments from the United States to Europe and Japan have pumped so much money into their economies that financial markets can no longer invest all that capital efficiently.
Inadvertently, they have fueled the rise of monopolies, “zombie” firms, and billionaires. They have made capitalism less fair and less efficient, which is slowing economic growth and fueling popular anger. The first step to a cure is a correct diagnose of the problem. Capitalism has been badly distorted by constant government intervention and the relentless spread of a bailout culture. Building an even bigger state will only double down on what ruined capitalism in the first place.
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The 10 enlightening (and often humorous) lectures of Medieval Myths and Mysteries will show you how far from the “dark” times of legend these centuries were. Uncover the facts about the Knights Templar. Reveal the truth behind the tales of legendary creatures like the Questing Beast and the unicorn. Trace the events of the Black Death and the ways it altered the world in its wake, and much more. With Professor Armstrong, you will dig deep into the ways that later generations reshaped the narrative of the medieval years and perpetuated the myths.
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Interesting, but centered on Britain
- By Ximena on 04-10-20
By: Dorsey Armstrong, and others
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The Man Who Killed Kennedy
- The Case Against LBJ
- By: Roger Stone
- Narrated by: David Rapkin
- Length: 11 hrs and 39 mins
- Unabridged
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Lyndon Baines Johnson was a man of great ambition and enormous greed, both of which, in 1963, would threaten to destroy him. In the end, President Johnson would use power from his personal connections in Texas and from the underworld and from the government to escape an untimely end in politics and to seize even greater power. President Johnson, the thirty-sixth president of the United States, was the driving force behind a conspiracy to murder President John F. Kennedy on November 22, 1963. In The Man Who Killed Kennedy, you will find out how and why he did it. Political consultant, strategist, and Libertarian Roger Stone has gathered documents and used his firsthand knowledge to construct the ultimate tome to prove that LBJ was not only involved in JFK's assassination, but was in fact the mastermind. With 2013 being the fiftieth anniversary of JFK's assassination, this is the perfect time for The Man Who Killed Kennedy to be available to readers. The research and information in this book is unprecedented, and as Roger Stone lived through it, he's the perfect person to bring it to everyone's attention.
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COMPELLING BOOK - THE CROOKS ARE IN POWER
- By Theo Tsourdalakis on 12-01-13
By: Roger Stone
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My Big TOE: Awakening
- Book One of a Trilogy Unifying Philosophy, Physics, and Metaphysics
- By: Thomas Campbell
- Narrated by: Thomas Campbell
- Length: 11 hrs and 11 mins
- Unabridged
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My Big TOE: Awakening, written by a nuclear physicist in the language of contemporary culture, unifies science and philosophy, physics and metaphysics, mind and matter, purpose and meaning, the normal and the paranormal. The entirety of human experience (mind, body, and spirit) including both our objective and subjective worlds is brought together under one seamless scientific understanding.
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What a Trip (but to where?)
- By Michael on 11-26-13
By: Thomas Campbell
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Mythology: Mega Collection
- Classic Stories from the Greek, Celtic, Norse, Japanese, Hindu, Chinese, Mesopotamian and Egyptian Mythology
- By: Scott Lewis
- Narrated by: Madison Niederhauser, Oliver Hunt
- Length: 31 hrs and 37 mins
- Unabridged
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Do you know how many wives Zeus had? Or how the famous Trojan War was caused by one beautiful lady? Or how Thor got his hammer? Give your imagination a real treat. This Mega Mythology Collection of eight audiobooks is for you....
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An interesting set of introductions.
- By Kevin Potter on 05-30-19
By: Scott Lewis
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Caffeine
- How Caffeine Created the Modern World
- By: Michael Pollan
- Narrated by: Michael Pollan
- Length: 2 hrs and 2 mins
- Original Recording
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Michael Pollan, known for his best-selling nonfiction audio, including The Omnivores Dilemma and How to Change Your Mind, conceived and wrote Caffeine: How Caffeine Created the Modern World as an Audible Original. In this controversial and exciting listen, Pollan explores caffeine’s power as the most-used drug in the world - and the only one we give to children (in soda pop) as a treat.
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Leaves much to be desired
- By Melody H on 02-02-20
By: Michael Pollan
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The Complete Book of Five Rings
- By: Miyamoto Musashi, Kenji Tokitsu - editor/translator
- Narrated by: Brian Nishii
- Length: 5 hrs and 3 mins
- Unabridged
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The Complete Book of Five Rings is an authoritative version of Musashi's classic The Book of Five Rings, translated and annotated by a modern martial arts master, Kenji Tokitsu. Tokitsu has spent most of his life researching the legendary samurai swordsman and his works, and in this book he illuminates this seminal text, along with several other works by Musashi.
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Best translation I have encountered.
- By DW on 05-27-16
By: Miyamoto Musashi, and others
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Great overview of developing economies
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Excellent coverage
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In The Road to Freedom, Nobel prize winner Joseph E. Stiglitz dissects America's current economic system and the political ideology that created it, laying bare their twinned failure. Free and unfettered markets have exploited consumers, workers, and the environment alike. These movements now pose a real threat to true economic and political freedom.
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Send neoliberalism into the abyss where it belongs
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must read for anyone in investing
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After a decade of rapid growth, the world’s most celebrated emerging markets are poised to slow down. Which countries will rise to challenge them? To identify the economic stars of the future, we should abandon the habit of extrapolating from the recent past and lumping wildly diverse countries together. We need to remember that sustained economic success is a rare phenomenon. As an era of easy money and easy growth comes to a close, China in particular will cool down.
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Great overview of developing economies
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Excellent coverage
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Perspective on interplay of economics and politics
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Too good to only listen to
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The Myth of Capitalism
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Read and then take action
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Rewire Your Brain puts the tools you need into your hands and asks you whether or not you want to take the journey towards your dreams. The process of rewiring the brain is not an overnight phenomenon. It takes months and sometimes years of practiced effort to get the results you want. But there is great joy to be found in the journey and each step will help to enhance your life more and more.
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How to Live a Good Life
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This thought-provoking, wide-ranging collection brings together essays by 15 leading philosophers reflecting on what it means to live according to a philosophy of life. From Eastern philosophies (Daoism, Confucianism, and Buddhism) and classical Western philosophies (such as Aristotelianism and Stoicism), to the four major religions, as well as contemporary philosophies (such as existentialism and effective altruism), each contributor offers a lively, personal account of how they find meaning in the practice of their chosen philosophical tradition.
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hit and miss
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How Are You Going to Pay for That?
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Not horrible but not correct either
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Ages of American Capitalism
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Today, in the midst of a new economic crisis and severe political discord, the nature of capitalism in United States is at a crossroads. Since the market crash and Great Recession of 2008, historian Jonathan Levy has been teaching a course to help his students understand everything that had happened to reach that disaster and the current state of the economy, but in doing so he discovered something more fundamental about American history. Now, in an ambitious single-volume history of the United States, he reveals how capitalism in America has evolved through four distinct ages.
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The narrator. The book.
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Never Say You've Had a Lucky Life
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An autobiography usually requires a justification. The great autobiographies—those by Benvenuto Cellini, Jean-Jacques Rousseau, Benjamin Franklin, and Henry Brooks Adams—were justified by their authors living in interesting times, harboring radically new ideas, or participating in great events. Joseph Epstein qualifies on none of these counts. His life has been quiet, lucky in numerous ways, and far from dramatic. But it has also been emblematic of the great changes in our country since World War II. Never Say You’ve Had a Lucky Life is an intimate look at one life steeped in radical change.
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Highly readable
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For years, the United States was confident that the newly democratic Russia and increasingly wealthy China could be lured into a Western-led order that promised prosperity and relative peace—so long as they agreed to Washington’s terms. By the time America emerged from the age of terrorism, it was clear that this had been a fantasy.
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Gives many insights into our new Cold Wars
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By: David E. Sanger, and others
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Time for Socialism
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Over the past four years, world-renowned economist Thomas Piketty documented his close observations on current events through a regular column in the French newspaper Le Monde. His pen captured the rise and fall of Trump, the drama of Brexit, Macron’s ascendance to the French presidency, the unfolding of a global pandemic, and much else besides, always through the lens of Piketty’s fight for a more equitable world. This collection brings together those articles.
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Good book - but most is not about US
- By Scott Klinger on 03-16-22
By: Thomas Piketty
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American Covenant
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Common ground is hard to find in today’s politics. In a society teeming with irreconcilable political perspectives, many people have grown frustrated under a system of government that constantly demands compromise. More and more on both the right and the left have come to blame the Constitution for the resulting discord. But the Constitution is not the problem we face; it is the solution. Blending engaging history with lucid analysis, conservative scholar Yuval Levin’s American Covenant recovers the Constitution’s true genius and reveals how it charts a path to repairing America’s fault lines.
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Profound.
- By Jim Tucker on 09-25-24
By: Yuval Levin
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Socialism...Seriously
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Danny Katch brings together the two great Marxist traditions of Karl and Groucho to provide an entertaining and insightful introduction to what the socialist tradition has to say about democracy, economics, and the potential of human beings to be something more than bomb-dropping, planet-destroying, racist fools.
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Anyone serious about Socialism AVOID this book
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What listeners say about What Went Wrong with Capitalism
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- JC
- 07-28-24
Dealing with the truth
Scary facts but good to understand where we are headed and where we should be going.
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- Jerry A. Boriskin
- 07-06-24
Great synthesis for those who are interested in economics
The author is apolitical and favors pragmatic solutions with a balanced approach. His objectivity coupled with historical observations provides a compelling path our nation must achieve in order to survive. He’s not supporting extreme; rather he believes government must respond to needy citizens but not via bloviated governments that destroy competition and innovation. His is a healthy vision that we can only hope guides our nation’s leaders. We are at a critical juncture- Sharma has a balanced vision we need to respect and apply.
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- John
- 07-26-24
What Most People Have Known for Years
There is nothing new here, but it’s good that someone wrote it up for those who haven’t figured it out. It is a very old well known story. However, he misses the primary culprit for not only the reason why the US and other advanced nations are going in their direction but also why they are generating low productivity growth. Why do people want more government, why do people want to take longer vacations and live off lattes, why do they no longer wish to save? Why is the US the US, Bolivia is Bolivia, and Japan is Japan. He should get out of his cloistered world, get at the core problem, and write another book. He’s a bright guy; I am sure he can figure it out.
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- Brian
- 09-03-24
Great take
This is a good book that gives an unbiased view on how our leaders continue to botch managing capitalism
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- Amazon Customer
- 03-03-25
Good points from the economic history of USA
The book has a long review of history of the economic progress and policies in the USA. The particular thesis that capitalism has not panned out has been a result of the policies. The policies were designed from a short term view of politicians rather than a long term view of the economic progress.
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- Chris Reich
- 06-17-24
Conservative Bent Overlooks Much
This books smells like the Heritage Foundation, a conservative propaganda mill. In terms of US deficit spending, the author seems to attribute all of it to poorly implemented stimulus of the economy. I think he fails to acknowledge, as do both the left and the right, the insane levels of military spending in the United States.
Sure, being the biggest means we are wearing a target but instead of helping countries and building allies, we bomb and kill and support other who will kill for us. War is by far America's biggest and most profitable industry and it will be until that is no longer sustainable.
The book is very interesting but I think it misses the elephant in the room. Even his discussion of Switzerland fails to mention that as a neutral country, it spends very, very little on defense. Of course, the right wing loves the military even when it fails or wastes. it does both regularly. And those wasteful failures like Iraq and Afghanistan, yes, even this mess in Israel, are expensive beyond measure. we are failing Ukraine as well by seeking out just enough for them to keep fighting but not enough to win.
I am curious about your take on this book.
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- Seb
- 10-31-24
Clarity of the effect of debt
Great historical perspective and easy to understand the mechanism that drives growth, a recommended read for those who wonder why society is polarized today
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- Emily N.
- 02-25-25
Meh
Nothing new or insightful, not much of a critique either. Mostly basic and boring run down of American economics told in a seemingly apolitical way but with a somewhat conservative and uncreative perspective.
If you’re looking for a basic and overly pragmatic general overview this might be for you.
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