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Can There Be Capitalism Without Freedom? | Former Colombia President Iván Duque | GZERO World

Can there be capitalism without freedom? No, says Iván Duque

Should the US still try to engage with countries run by regimes antithetical to its own?

For former Colombian President Iván Duque, the democratic consensus in the Western Hemisphere means that "there's no space for autocracies or for dictatorships." That means not imposing democracy on everyone but defending democratic values everywhere, he tells Ian Bremmer in a GZERO World interview.

Meanwhile, capitalism is coming under pressure — including from authoritarian regimes like China, which is selling its own brand of state-led capitalism as opposed to the free-market capitalism prevalent in democracies.

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Petro Proposes a New Kind of Capitalism for Colombia | GZERO World

From stunted capitalism to economic growth in Colombia

During his victory speech last June, Colombia’s new president, and the country’s first leftist leader in modern history, said that it was time to “develop capitalism.” In an exclusive interview with Ian Bremmer for GZERO World, President Gustavo Petro explains what he meant.

“I mean to say that capitalism has not developed in Colombia. The productive capacity that it generates, which is indubitable throughout human history, has been quite rickety in my country.”

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Want to Fix US Political Division? Narrow the Wealth Gap, Says Investor Ray Dalio | GZERO World

Want to fix US political division? Narrow the wealth gap, says investor Ray Dalio

What happened on January 6, 2021, did not at all surprise billionaire investor Ray Dalio.

History, he says, shows that both right-wing and left-wing populism begins to gain power when there's a large wealth gap.

So, what comes next?

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Capitalism Can’t Solve a Climate Crisis in a Collapsed World, Says UN’s Inger Andersen | GZERO World

Capitalism can’t solve a climate crisis in a collapsed world, says UN’s Inger Andersen

Will the free market still work in a future world ravaged by wildfires, droughts, floods, and mass movements of climate refugees? "We cannot have capitalism in a collapsed world," says UN Environment Programme head Inger Andersen, who predicts COVID's disruption on the economy is a mere prelude of the damage climate change will do to coastlines, food systems, water, and infrastructure in general. Watch her interview with Ian Bremmer on GZERO World.

Watch this episode of GZERO World with Ian Bremmer: Surviving a warming planet

Texas Grid Shows Need To Fix Infrastructure In US | RIP Rush Limbaugh | World In :60 | GZERO Media

Texas grid shows need to fix infrastructure in US; RIP Rush Limbaugh

Ian Bremmer discusses the World In (more than) 60 Seconds:

What's happening in Texas?

Speaking of weird weather, my goodness yeah, I didn't know this was coming up here. Yeah, it's cold, right? There's snow. It looks horrible and millions of people without energy and of course that is because the level of infrastructure investment into the Texas grid is well below what it needs to be. There's a lack of integration. Texas' grid largely stands by itself. It is not under the authority of or coordinated multilaterally with broader energy infrastructure. And there has been a lot of investment into renewables in Texas. It is certainly true. They've been very interested in that. Sped up under former Governor Perry but still the vast majority of electricity is coming from fossil fuels. It's coming from coal and mostly oil and gas.

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