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Saving Capitalism from the Capitalists eBooks
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Saving Capitalism from the Capitalists
By: Rajan Raghuram
By: Luigi Zingalel

Price: $9.95
Format:  Palm Reader eBooks
Availability:  Download Now

Requirements:  Free Palm Reader (More Details)
Restrictions:  No printing, No copy and paste (More Details)
Platforms:  All Palm & Pocket PC handheld device plus all Windows and Macintosh computers. (More Details)
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Saving Capitalism from the Capitalists
 

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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.

  • Vibrant financial markets threaten the sclerotic corporate establishment and increase corporate mobility and opportunity. They are the reason why entrepreneurship flourishes and companies like The Home Depot and Wal-Mart -- mere fly specks a quarter of a century ago -- have surged as they have.

  • They mean personal freedom and economic development for more people. Throughout history, and in most of the world today, the record is one of financial oppression. Elites restrict access to capital and severely limit not only general economic development but that of individuals as well.

  • Open borders help check the political and economic elites and preserve competitive markets. The greatest danger of the antiglobalization movement is that it will keep the rich rich and the poor poor. Globalization forces countries to do what is necessary to make their economies productive, not what is best for incumbent elites. Open borders limit the ability of domestic politics to close down competition and to retard financial and economic growth.

  • Markets are especially susceptible in economic downturns when the establishment can exploit public anger to restrict competition and access to capital. While markets must be free to practice "creative destruction," Rajan and Zingales demonstrate the political and economic importance of

Saving Capitalism from the Capitalists

Rajan Raghuram

Luigi Zingalel

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eBook Categories

Politics & Government

Economics

 
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