The rise of economic nationalism | Business Beyond

For decades, the free market was lauded for fostering enterprise and pulling millions of people out of poverty. Today, as younger generations struggle to achieve the prosperity of their parents, there’s an increasing debate about the pitfalls of a pull-yourself-up-by-your-bootstraps mentality. In this episode of Business Beyond, we examine the growth in big government around the world, looking at the impact of US President Joe Biden’s Inflation Reduction Act, and how climate change, the Covid-19 health emergency and the energy crisis triggered by Russia’s war in Ukraine are shifting attitudes towards the government’s role in society. Featuring expert analysis from former WTO Chief Pascal Lamy, historian and author Jacob Soll, Rakeen Mabud of Groundwork Collaborative, economist Jakob Hafele and CEO of the Roosevelt Institute Felicia Wong.

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#freemarket #economics #nationalism