Book
Makers and takers : the rise of finance and the fall of American business / Rana Foroohar.
"Award-winning business journalist Rana Foroohar shows how the shortsighted and misguided financial practices that nearly toppled the global economy in 2008 have come to infiltrate all corners of American business--putting us on a dangerous collision course to another economic meltdown that will make 2008 look like a mere blip in the business cycle"-- Provided by publisher.
Record details
- ISBN: 9780553447231 (hardcover)
- Physical Description: xi, 388 pages ; 24 cm
- Publisher: New York : Crown Business, 2016.
Content descriptions
| Bibliography, etc. Note: | Includes bibliographical references and index. |
Search for related items by subject
| Subject: | Business enterprises > United States > History > 21st century. Finance > Government policy > United States > History > 21st century. Financial crises > United States > History > 21st century. |
Available copies
- 1 of 1 copy available at Tsuga Consortium.
Holds
- 0 current holds with 1 total copy.
Show Only Available Copies
| Location | Call Number / Copy Notes | Barcode | Shelving Location | Status | Due Date |
|---|---|---|---|---|---|
| Lakeshore Branch | 332.0973 For | 31681010012417 | NONFIC | Available | - |
- Baker & Taylor
A columnist at Time explores how the trend of American businesses operating more like banks than innovative companies and pursuing short-term profits over job creation is endangering the American Dream, harming society and setting up another economic meltdown. - Random House, Inc.
Is Wall Street bad for Main Street America?
"A well-told exploration of why our current economy is leaving too many behind." âThe New York Times
In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum.
Â
A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the âfinancialization of Americaââthe phenomenon by which finance and its way of thinking have come to dominate every corner of businessâis threatening the American Dream.
Â
Now updated with new material explaining how our corrupted financial sysÂtem propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the sysÂtem, and why it matters urgently to us all.
Â
Through colorful stories of both âTakers,â those stifling job creation while lining their own pockets, and âMakers,â businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.
