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

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Princeton University Press, Aug 23, 2004 - Business & Economics - 369 pages
7 Reviews
Saving Capitalism from the Capitalists is a groundbreaking book that will radically change our understanding of the capitalist system, particularly the role of financial markets. They are the catalyst for inspiring human ingenuity and spreading prosperity. The perception of many, especially in the wake of never-ending corporate scandals, is that financial markets are parasitic institutions that feed off the blood, sweat, and tears of the rest of us. The reality is far different. This book 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.
  

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Review: Saving Capitalism From The Capitalists: Unleashing The Power Of Financial Markets To Create Wealth And Spread Opportunity

User Review  - Sean Safavinejad - Goodreads

A little dry, you have to take your time to read it, but definitely enjoyed the content. Read full review

Review: Saving Capitalism From The Capitalists: Unleashing The Power Of Financial Markets To Create Wealth And Spread Opportunity

User Review  - Sreenivas Rajan - Goodreads

This book is very transformational approach to a boring subject. Read full review

Contents

Introduction
1
Does Finance Benefit Only the Rich?
25
ShylockTransformed
44
The Financial Revolution and Individual
68
The Dark Side of Finance
93
The Bottom Line on Financial Development
108
The Taming of the Government
129
The Impediments to Financial Development
157
Why Was the Market Suppressed?
226
The Decline and Fall of Relationship Capitalism
247
The Challenges Ahead
275
Saving Capitalism from the Capitalists
293
Conclusion
311
Notes
315
Bibliography
342
Index
359

When Does Finance Develop?
172
THE GREAT REVERSAL
201

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About the author (2004)

Raghuram Rajan received his Ph.D. from MIT and has taught at Northwestern University's Kellogg School of Management and MIT in addition to the University of Chicago. He is a director of the American Finance Association and has consulted to a number of institutions, including the World Bank and the Fed.

Luigi is the Robert C. McCormack Professor of Entrepreneurship and Finance at the University of Chicago.

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