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What solutions does Ruchir propose for capitalism's problems? Why does government intervention won't fix capitalism? Why is the overhype with America overshadowing other emerging economies? In the latest episode of SparX, we sit down for a conversation with economist and best-selling author Ruchir Sharma on the history, impact, and current state of capitalism. We break down the research and content from his latest book "What Went Wrong With Capitalism". We also explore Ruchir's personal life, his background, and his passion for sprinting. Tune into today's conversation with one of the brightest minds and understand capitalism, its history in the western countries and India. Chapters - 00:00:00 - 00:01:06 Episode introduction 00:01:06 - 00:11:57 How did Ruchir develop his passion for writing and economics into a career? 00:11:57 - 00:17:05 Ruchir shares the learnings, insights, and research from his latest book 00:17:05 - 00:21:35 What was the reason behind Ruchir writing his latest book on capitalism? 00:21:35 - 00:30:05 How has the role of the growing government in America led to capitalism evolving to what it is today? 00:30:05 - 00:39:08 Why aren’t productivity growths being observed in economies despite the tech revolution? 00:39:08 - 00:45:43 How is capitalism and the economy seen in India and what can be done to avoid mistakes? 00:45:43 - 00:50:45 What are zombie companies and how do they corrupt the economy of a country? 00:50:45 - 00:56:50 Ruchir shares his experiences being on the road, following elections around India 00:56:50 - 01:00:05 Which are the emerging economies today? 01:00:05 - 01:02:45 Ruchir talks about how he maintains both his careers; banking and writing 01:02:45 - 01:14:38 - Ruchir shares about his background, other hobbies and interests 01:14:38 - 01:16:01 Concluding today’s episode Resource List - Ruchir Sharma Blog: https://ruchirsharma.com/ What is a bailout?: https://www.investopedia.com/terms/b/... More about ‘Zombie Companies’: https://corporatefinanceinstitute.com... Wall Street Journal Article: https://www.wsj.com/articles/the-resc... Breakout Capital Website: https://breakout-capital.com/ What is an Oligopoly: https://en.wikipedia.org/wiki/Oligopoly More About ‘The New Deal’: https://en.wikipedia.org/wiki/New_Dea.... About SparX by Mukesh Bansal SparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us. In a new episode every Monday, our host Mukesh Bansal (Founder of Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you. Follow us on Instagram: / sparxbymukeshbansal Website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms Fasion | Outbreak | Courtesy EpidemicSound.com