Policy Punchline

Another wave of reflections for capitalism is now kindled by the Covid-19 crisis. Will the fiscal stimulus uplift the average Americans or end up exacerbating inequality? How is the crisis revealing fundamental fractures of the American and Western societies? The world as we have known it for the past decades has come to a stop, and the global socio-economic system might finally be shaken up as businesses remake their supply chains and governments re-envision their globalization goals... As people reflect on those important questions, we think it’s timely to re-introduce an earlier interview with Prof. Branko Milanovic on his book “Capitalism, Alone” and his insightful critique on the present and future of this political-economic system. “Capitalism, Alone: The Future of the System That Rules the World” provides a detailed recount of the path through which Capitalism came to dominate our world; an overview of the different capitalistic systems now govern the world; a range of problems such as inequality tha