Saving Capitalism From The Capitalism
by Raghuram G. Rajan /
2013 / English / Kindle
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Capitalism, or more precisely, the free market system, is the most
effective way to organize production and distribution that human
beings have found. Yet, financial markets are among the most highly
criticized and least understood parts of the capitalist system. In
saving capitalism from the capitalists, raghuram g. Rajan and luigi
zingales argue that healthy and competitive financial markets are
an extraordinarily effective tool in spreading opportunity and
fighting poverty. Without vibrant, innovative financial markets,
economies would invariably ossify and decline. Capitalism's biggest
problem is the executive in pinstripes who extols the virtues of
competitive markets with every breath while attempting to
extinguish them with every action. This is a groundbreaking book
that will radically change our understanding of the capitalist
system, particularly the role of financial markets. It breaks free
of traditional ideological arguments of the right and left and
points to a new way of understanding and spreading the
extraordinary wealth-generating capabilities of capitalism.
Capitalism, or more precisely, the free market system, is the most
effective way to organize production and distribution that human
beings have found. Yet, financial markets are among the most highly
criticized and least understood parts of the capitalist system. In
saving capitalism from the capitalists, raghuram g. Rajan and luigi
zingales argue that healthy and competitive financial markets are
an extraordinarily effective tool in spreading opportunity and
fighting poverty. Without vibrant, innovative financial markets,
economies would invariably ossify and decline. Capitalism's biggest
problem is the executive in pinstripes who extols the virtues of
competitive markets with every breath while attempting to
extinguish them with every action. This is a groundbreaking book
that will radically change our understanding of the capitalist
system, particularly the role of financial markets. It breaks free
of traditional ideological arguments of the right and left and
points to a new way of understanding and spreading the
extraordinary wealth-generating capabilities of capitalism.