The Sustainability of Capitalism
Michael and Russ discuss the sustainability of capitalism in a democracy, exploring the profitability of crony capitalism and the role of incentives in shaping behavior. They question whether the solution lies in better individuals or if there are inherent flaws in the system.In this clip
From this podcast
EconTalk
Michael Munger on Crony Capitalism
Related Questions
Is the political and economic system rigged in America as discussed in episode #240 - Supporter Stories and clip Economic Illusions, as well as in the episode Michael Munger on Crony Capitalism and clip The Road to Crony Capitalism?
Is the political and economic system rigged in America as discussed in episode #240 - Supporter Stories and clip Economic Illusions, as well as in the episode Michael Munger on Crony Capitalism and clip The Mistakes of 2008?
What are the problems with capitalism as discussed in the episode Rewriting the Rules of Capitalism and Public Investment — with Mariana Mazzucato and the clip Capitalism's Dysfunctional Nature?