Subverting Capitalism and Democracy: Systemic faults that caused the Financial Crisis

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9781451555431: Subverting Capitalism and Democracy: Systemic faults that caused the Financial Crisis

What caused the current financial crisis? A lot of answers have been proposed. But do we know the root causes? This book looks at the causes behind the causes we know. The micro-faults that subverted capitalism and democracy are still overlooked. Today, finance dominates our socio-economic hierarchy. Sadly, we know less about finance and economics than we like to believe. We must relook at the basic concepts of finance and economics. We need to know how large pools of money create systemic weakness. We need to ask why the media and the regulators were sleeping at the switch. We have to go beyond lobbying, beyond "intellectual capture", beyond exotic financial instruments and ask the next level of questions. Only then we will reach the root causes. Now is the time to set the system right. I hope this book will extend the discussion towards a solution.

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About the Author:

Rahul is a buy-side financial analyst. He has over 10 years experience spanning manufacturing, consulting, investment banking firms. He is interested in the changing equations of value, the next chapter of wealth creation and its implication.

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Book Description Createspace, United States, 2010. Paperback. Book Condition: New. 203 x 127 mm. Language: English . Brand New Book ***** Print on Demand *****. What caused the current financial crisis? A lot of answers have been proposed. But do we know the root causes? This book looks at the causes behind the causes we know. The micro-faults that subverted capitalism and democracy are still overlooked. Today, finance dominates our socio-economic hierarchy. Sadly, we know less about finance and economics than we like to believe. We must relook at the basic concepts of finance and economics. We need to know how large pools of money create systemic weakness. We need to ask why the media and the regulators were sleeping at the switch. We have to go beyond lobbying, beyond intellectual capture, beyond exotic financial instruments and ask the next level of questions. Only then we will reach the root causes. Now is the time to set the system right. I hope this book will extend the discussion towards a solution. Bookseller Inventory # APC9781451555431

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Book Description Createspace Independent Publishing Platform, United States, 2010. Paperback. Book Condition: New. 203 x 127 mm. Language: English . Brand New Book ***** Print on Demand *****.What caused the current financial crisis? A lot of answers have been proposed. But do we know the root causes? This book looks at the causes behind the causes we know. The micro-faults that subverted capitalism and democracy are still overlooked. Today, finance dominates our socio-economic hierarchy. Sadly, we know less about finance and economics than we like to believe. We must relook at the basic concepts of finance and economics. We need to know how large pools of money create systemic weakness. We need to ask why the media and the regulators were sleeping at the switch. We have to go beyond lobbying, beyond intellectual capture, beyond exotic financial instruments and ask the next level of questions. Only then we will reach the root causes. Now is the time to set the system right. I hope this book will extend the discussion towards a solution. Bookseller Inventory # APC9781451555431

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Book Description Createspace. Paperback. Book Condition: New. This item is printed on demand. Paperback. 162 pages. What caused the current financial crisis A lot of answers have been proposed. But do we know the root causes This book looks at the causes behind the causes we know. The micro-faults that subverted capitalism and democracy are still overlooked. Today, finance dominates our socio-economic hierarchy. Sadly, we know less about finance and economics than we like to believe. We must relook at the basic concepts of finance and economics. We need to know how large pools of money create systemic weakness. We need to ask why the media and the regulators were sleeping at the switch. We have to go beyond lobbying, beyond intellectual capture, beyond exotic financial instruments and ask the next level of questions. Only then we will reach the root causes. Now is the time to set the system right. I hope this book will extend the discussion towards a solution. This item ships from La Vergne,TN. Paperback. Bookseller Inventory # 9781451555431

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