Saving capitalism from the capitalists
Subtitle: unleashing the power of financial markets to create wealth and spread opportunity
By: Raghuram G. Rajan & Luigi Zingales
Contributors: Zingales, Luigi
Edition: 1st ed.
Publisher: Crown Business
Published: 2003
Place of publication: New York
Language: eng
Number of pages: 369
ISBN-13: 9780609610701
Subjects: Moral and ethical aspects; Common good; Capital market; State supervision; Economic aspects; Capitalism
Description: "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."--BOOK JACKET.
Notes: Includes bibliographical references (p. 342-357) and index.
Table of contents: title: Part I: The benefits of free financial markets; title: Does finance benefit only the rich?; title: Shylock transformed; title: The financial revolution and individual economic freedom; title: The dark side of finance; title: The bottom line on financial development; title: Part II: When do financial markets emerge?; title: The taming of the government; title: The impediments to financial development; title: When does finance develop?; title: Part III: The great reversal; title: The great reversal between wars; title: Why was the market suppressed?; title: The decline and fall of relationship capitalism; title: Part IV: How can markets be made more viable politically; title: The challenges ahead; title: Saving capitalism from the capitalists.