“This book will reshape how you think about the world. It is bound to provoke people on both the left and the right.”
—Larry Summers, former Secretary of the Treasury
About Ruchir Sharma
Ruchir Sharma is Chairman of Rockefeller International and Founder and Chief Investment Officer of Breakout Capital, an investment firm focused on emerging markets. He moved to Rockefeller in 2022 after a 25-year career at Morgan Stanley Investment Management, where he was Head of Emerging Markets and Chief Global Strategist.
Based in New York, Ruchir is the author most recently of the critically acclaimed 2024 title from Simon & Schuster, What Went Wrong with Capitalism, which was chosen as a Wall Street Journal book of the year. His four previous works include a 2016 New York Times bestseller, The Rise and Fall of Nations, and a 2012 international bestseller, Breakout Nations. He is a columnist at the Financial Times and a former contributing opinion writer at The New York Times. His work has also appeared in the Wall Street Journal, The Atlantic, The Guardian, Foreign Affairs and Foreign Policy, and many other publications.
About What Went Wrong with Capitalism
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.
Other Books by Ruchir Sharma
