Today on Business Daily, what went wrong with capitalism.

It's a question posed in a new book by the financier Rushia Sharma.

He worked for some of the biggest names on Wall Street,

and he says that gave him an ideal vantage point

for observing how money flows through the global economy. His conclusion, that

capitalism is failing to fulfil its potential. This is what made America great, but in the last

few years and decades, there's been such a perversion of capitalism. So what has gone wrong with

capitalism and can it be fixed? That's Business Daily with me, I'm such a perversion of capitalism. So what has gone wrong with capitalism?

And can it be fixed?

That's Business Daily with me, Vivienne Nunes, from the BBC World Service.

Capitalism has a problem.

That's a view you might expect to hear from critics on the left. Not a banker who spend almost his entire career on Wall Street. But according to Rushia Sharma, lately

capitalism has been badly distorted and he's clear about who's to blame. Big spending governments

addicted to debt, and central

banks hooked on stimulus, policies that pump money into the economy. I sat down with

Rushya Shama in London recently to dig into some of those criticisms, but we began in the place

where he first started thinking about economic systems, India in the 1970s and 80s.

This book, more than anything else, is a revisionist history of capitalism.

Because the way that I think the young think of capitalism today is in a very discredited way.

Most young people in Western countries today say they would rather have socialism than capitalism.

And that was a very telling statement for me, because I grew up in India, as you say, in the

70s and 80s, which was very socialist in nature.

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