In this wide-ranging conversation, Alex Krainer joins India & Global Left to unpack the decline of the West through the deeper history of capitalism’s credit and monetary system. Krainer traces how structural imbalances, debt expansion, and financial dominance have pushed Western economies toward long-term crisis. From here, the discussion opens into a surprising and friendly debate on capitalism vs socialism:Do the two systems have fundamentally different management functions? Are their efficiencies comparable? And can one model ultimately work better for societies facing today’s global challenges?🔴🔴🔴Support Independent media to remain bold: https://patreon.com/IndiaGlobalLeftLink for donation: https://paypal.me/sankymudiar🔴🔴🔴Follow us on Substack: https://substack.com/@indiagloballeftTwitter: https://twitter.com/Indiagloballeft Instagram https://www.instagram.com/indiagloballeft/ Facebook: https://www.facebook.com/profile.php?id=61559411353392Spotify: https://open.spotify.com/show/69Y9iCWUv8ha3ATsPWtWk0?si=ee1f0de3de094f17Telegram: https://t.me/+WNlqoiv1Rhg5NjEx🔴🔴🔴A thoughtful, respectful, and intellectually rich exchange — offering viewers a rare opportunity to see two contrasting perspectives engage without hostility, while exploring the future of the world economy.