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Raghuram Rajan says capitalism is 'under serious threat'

Updated : March 12, 2019 05:29 PM IST

Rajan, now a professor at the University of Chicago, told BBC Radio 4's Today Programme that governments across the world cannot afford to ignore social inequality when considering the economy.
He said authoritarian regimes arise "when you socialise all the means of production".
Raghuram Rajan says capitalism is 'under serious threat'
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