Winners and Losers
Howard and Shane discuss the winners and losers of globalization and the free enterprise system. While globalization maximizes world economic product, it also leads to individual winners and losers. The conversation explores the role of government subsidies and the differences between political parties in addressing the needs of those who lose in the system.In this clip
From this podcast
The Knowledge Project
Howard Marks | The Knowledge Project #53
Related Questions
How does trade affect the economy as discussed in the episode Howard Marks | The Knowledge Project #53 and the clip Globalization Benefits?
How does capitalism work in the context of the episode Ep 8 “Fair or Unfair: Do Competitive Markets Give Everyone a Chance?” and the clip Shoe Distribution Dilemma?