Relevant Reading:Capitalism, Alone, by Branko Milanovic (Harvard University Press: 2019)
Just because capitalism defeated communism at the end of the Cold War does not mean that Western “liberal capitalism” will automatically triumph over China’s “political capitalism”. That’s the provocative argument of Branko Milanovic’s new book, Capitalism, Alone. Executive Editor Damir Marusic and Assistant Editor Aaron Sibarium recently sat down with Milanovic to talk about the future of the system that runs the world.If you would prefer to read a lightly edited transcript of the interview, you can do that here.