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Uneven Playing Field | Featuring Raghuram Rajan

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Manage episode 257473073 series 2537047
Content provided by Bertelsmann Foundation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bertelsmann Foundation or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Previously, he was the 23rd Governor of the Reserve Bank of India and the Chief Economist at the IMF. In this interview, hosted by Andrew Keen, Rajan calls capitalism today an uneven playing field that doesn’t efficiently skill people to meet the needs of the economy. This leads to unequal access to good jobs and growing income inequality. As a result, democracy has at times turned against capitalism. But Rajan reminds us that capitalism works best when there is economic competition, while democracy works best when there is political competition. With this in mind, Keen and Rajan discuss how these two forces can work better together.

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100 episodes

Artwork
iconShare
 
Manage episode 257473073 series 2537047
Content provided by Bertelsmann Foundation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bertelsmann Foundation or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Previously, he was the 23rd Governor of the Reserve Bank of India and the Chief Economist at the IMF. In this interview, hosted by Andrew Keen, Rajan calls capitalism today an uneven playing field that doesn’t efficiently skill people to meet the needs of the economy. This leads to unequal access to good jobs and growing income inequality. As a result, democracy has at times turned against capitalism. But Rajan reminds us that capitalism works best when there is economic competition, while democracy works best when there is political competition. With this in mind, Keen and Rajan discuss how these two forces can work better together.

  continue reading

100 episodes

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