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What went wrong with capitalism
资本主义出了什么问题

America has become unhealthily dependent on loose money and big government, argues Ruchir Sharma
美国对宽松货币和大政府的依赖已变得不健康。

In his farewell address, Ronald Reagan described America as the “shining city on a hill”, open to “anyone with the will and heart to get here”. I was one of those inspired to try, and today the dynamic mix of academics and entrepreneurs who energise the world’s technology leader still strikes me as a marvel. Of the top 100 US companies, 10 now have chief executives who were born in my home country, India, a breakthrough that could have happened only in a capitalist meritocracy.  

在他的告别演说中,罗纳德•里根(Ronald Reagan)将美国描述为“山顶上的璀璨之城”,对“任何有意愿和决心来到这里的人”敞开大门。我就是其中一个受到鼓舞而尝试的人,如今,这个激励着世界科技领导者的学术界和企业家的动态混合仍然让我感到惊叹。在美国前100家公司中,有10家公司的首席执行官出生在我的祖国印度,这是只有在资本主义精英制度下才可能发生的突破。

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