Save Capitalism from the Hands of Capitalists: Defend Financial Market Freedom, Create Wealth and Opportunity: Defend Financial Market Freedom, Create Wealth and Opportunity

Author: Raghu Ram Rajan Luigi Zingales
Publisher:
Publish Date: 2004-06-01
Features: This book analyzes the development process of capitalism, particularly the development of financial markets, to dissect the fundamental strengths and weaknesses of the capitalist system. It points out that vested interest groups, i.e., capitalists, often become the biggest enemies of capitalism to protect their interests from competition. It then proposes how to strengthen the political foundation of the market economy, establish a truly competitive market, and save capitalism from the hands of capitalists. The book is both academically rigorous and free of overly complex arguments, making it not only a valuable work for economics professionals but also a worthwhile read for anyone concerned with market economies and those seeking equal opportunities for development.