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

ISBN-10: 0691121281

ISBN-13: 9780691121284

Edition: 2005 (Revised)

List price: $45.00 Buy it from $7.52
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Saving Capitalism from the Capitalistsis 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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Book details

List price: $45.00
Copyright year: 2005
Publisher: Princeton University Press
Publication date: 9/12/2004
Binding: Paperback
Pages: 392
Size: 6.00" wide x 9.00" long x 1.00" tall
Weight: 1.188
Language: English

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.

Preface to the Paperback Edition
The Benefits of Free Financial Markets
Does Finance Benefit Only the Rich?
Shylock Transformed
The Financial Revolution and Individual Economic Freedom
The Dark Side of Finance
The Bottom Line on Financial Development
When Do Financial Markets Emerge?
The Taming of the Government
The Impediments to Financial Development
When Does Finance Develop?
The Great Reversal
The Great Reversal between Wars
Why Was the Market Suppressed?
The Decline and Fall of Relationship Capitalism
How Can Markets be Made More Viable Politically?
The Challenges Ahead
Saving Capitalism from the Capitalists
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