What is the future of capitalism: a democratic American-style model or something closer Chinese state capitalism? This week,
Branko Milanovic and I explore that question at length. In the process, we also talked about the political significance of inequality and the compatibility of capitalism and democracy.

Branko is a visiting professor at the City University in New York’s graduate center, and he’s a senior scholar at the Stone Center on Socio-economic Inequality. He’s also the author of several books, including Worlds Apart, Global Inequality, and, most recently, last year’s Capitalism, Alone.

Learn more: Michael Strain: The American Dream is not dead | Thomas Philippon: How America gave up on free markets | Peter Klenow: Reflections on a decade of slow economic growth

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