Saving Capitalism from the Capitalists: Unleashing the Power of Financial Markets to Create Wealth and Spread Opportunity / Edition 1

Saving Capitalism from the Capitalists: Unleashing the Power of Financial Markets to Create Wealth and Spread Opportunity / Edition 1

by Raghuram G. Rajan, Luigi Zingales
     
 

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

See more details below

Overview

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.

Product Details

ISBN-13:
9780691121284
Publisher:
Princeton University Press
Publication date:
08/23/2004
Edition description:
With a New Preface by the Authors
Pages:
392
Sales rank:
890,476
Product dimensions:
6.12(w) x 9.06(h) x 0.93(d)

Table of Contents

Preface ix

Introduction 1

PART I:THE BENEFITS OF FREE FINANCIAL MARKETS

CHAPTER 1: Does Finance Benefit Only the Rich? 25

CHAPTER 2: Shylock Transformed 44

CHAPTER 3: The Financial Revolution and Individual Economic Freedom 68

CHAPTER 4: The Dark Side of Finance 93

CHAPTER 5: The Bottom Line on Financial Development 108

PART II: WHEN DO FINANCIAL MARKETS EMERGE?

CHAPTER 6: The Taming of the Government 129

CHAPTER 7: The Impediments to Financial Development 157

CHAPTER 8: When Does Finance Develop? 172

PART III: THE GREAT REVERSAL

CHAPTER 9: The Great Reversal between Wars 201

CHAPTER 10: Why Was the Market Suppressed? 226

CHAPTER 11: The Decline and Fall of Relationship Capitalism 247

PART IV: HOW CAN MARKETS BE MADE MORE VIABLE POLITICALLY?

CHAPTER 12: The Challenges Ahead 275

CHAPTER 13: Saving Capitalism from the Capitalists 293

Conclusion 311

Notes 315

Bibliography 342

Index 359

Read More

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >