000 01669nam a22002297a 4500
005 20211001115738.0
008 211001b ||||| |||| 00| 0 eng d
020 _a0712621318
040 _cAloy
041 _aEnglish
082 _223
_a332.041
_bRAJS
100 _aRaghuram G Rajan
_9637
245 _aSaving capitalism from the capitalism from the capitalists
_bHow open financial markets challenge the establishment and spread prosperity to rich and poor alike
260 _aLondon
_bRandom Houses
_c2003
300 _axi,369p.
_bHB
_c25x15.5cm
365 _b£25.00
_c£
_d£25.00
520 _aWhat is the secret of prosperity? Why are the rich rich and the poor poor? The answer lies in the structure of financial markets and the willingness to allow the capitalist system to let "creative destruction" work its wealth-creating wonders. Financial markets are the least understood and most highly criticized part of the capitalist system. The greed of participants involved in scandals like Enron adds fuel to the fire that these markets are a tool of the rich. Powerful interest groups oppose markets, especially financial markets, because markets undermine their power. Winners in the market want to entrench their position and prevent others from breaking through by suppressing markets. Losers would also like to suppress the market because they cannot compete. Saving Capitalism From the Capitalists explores how financial markets free human ingenuity, make nations competitive and are the basis for broadening prosperity.
650 _a Capital market
_9638
700 _aRAJAN (Raghuram G)
_9639
700 _aZINGALES (Luigi)
_9640
942 _2ddc
_cGF
999 _c216459
_d216459