What’s Wrong With Modern Capitalism? — Rockefeller's Ruchir Sharma Explains

Despite the wealth creation at the top, two in three Americans feel that the economy is moving in the wrong direction, says the veteran investment banker.

Abhishek Jha @abhishekj24

26 Aug 2024, 11:02 AM IST

<div class="paragraphs"><p>Ruchir Sharma, the head of Rockefeller Capital Management's international business discusses his new book 'What Went Wrong With Capitalism' with market veteran, Ramesh Damani. (Source: Vijay Sartape/NDTV Profit)</p></div>

Ruchir Sharma, the head of Rockefeller Capital Management's international business discusses his new book 'What Went Wrong With Capitalism' with market veteran, Ramesh Damani. (Source: Vijay Sartape/NDTV Profit)

The Chairman of Rockerfeller International Ruchir Sharma says that his latest book, 'What Went Wrong With Capitalism' is an ode to the economic system and critiques the gradual fall in its basic principals. His main grouse? The freebie culture. In an exclusive interview to market veteran Ramesh Damani on NDTV Profit, the former head of emerging markets at Morgan Stanley Investment Management, pointed out that there are two ways of t...