Saving Capitalism from the Capitalists: Unleashing the Power of Financial Markets to Create Wealth and Spread Opportunity - Couverture rigide

Rajan, Raghuram G.; Zingales, Luigi

Couverture rigide

ISBN 10 : 0609610708 ISBN 13 : 9780609610701

Editeur : Crown Pub, 2003

Synopsis

Book by Raghuram G Rajan Luigi Zingales

A propos du livre

Présentation de l'éditeur :

Rajan and Zingales demonstrate that free and open financial markets inspire human ingenuity, make nations competitive, and spread prosperity. In the wake of recent business scandals, financial markets are often thought of as parasitic institutions that feed off the blood, sweat, and tears of human endeavour. Saving Capitalism from the Capitalists shows that such markets in fact supply the fuel of a vital economy. And they are the only effective antidote to counteract the manipulations of elite groups that keep a tight grip on capital and restrict the economic development of nations and the entrepreneurial success of individuals.'Saving Capitalism from the Capitalists will dismay both titans of industry and their foes across the barricades, the anti-globalisation left that sees little in capitalism worth saving. It's written for the rest of us - all those who simply want a fair chance to prosper.'Business Week'Saving Capitalism from the Capitalists is a highly original study of the ways in which vested interests have sought throughout history to protect their wealth and power by rigging the market structure, even subverting free markets entirely when it suits them.'Washington Post

Présentation de l'éditeur :

What is the secret of prosperity? Why are the rich rich and the poor poor? The answer lies in the structure of financial markets and the willingness to allow the capitalist system to let "creative destruction" work its wealth-creating wonders. Financial markets are the least understood and most highly criticized part of the capitalist system. The greed of participants involved in scandals like Enron adds fuel to the fire that these markets are a tool of the rich. Powerful interest groups oppose markets, especially financial markets, because markets undermine their power. Winners in the market want to entrench their position and prevent others from breaking through by suppressing markets. Losers would also like to suppress the market because they cannot compete. Saving Capitalism From the Capitalists explores how financial markets free human ingenuity, make nations competitive and are the basis for broadening prosperity.

À propos de cette édition

• Éditeur: Crown Pub
• Date d'édition: 2003
• ISBN 10: 0609610708
• ISBN 13: 9780609610701
• Reliure: Relié
• Nombre de pages: 369