Capitalism didn’t fail—it was ruined, says Ruchir Sharma.
In his new book, “What Went Wrong with Capitalism,” Sharma takes you back to the 19th century to illustrate how the reflexes of government have changed. From hands-off to hands-on, from doing too little to help in hard times to trying to prevent anyone from suffering economic pain ever.
Too much of the conversation about poverty, whether in government, among social service providers, or in churches, is animated by highly emotional conventions, trite melodramatic comparisons, and comfortable ideological clichés, says Ismael Hernandez.
In this episode, Acton’s director of research, John Pinheiro, speaks to Jeremy Beer from Acton University 2024 about the definition of philanthropy, the importance of philanthropy today, and why finding a way to connect identities is the key to success.