The Myth of Capitalism
Monopolies and the Death of Competition
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Narrado por:
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Pamela Almand
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The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook, and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed internet, health insurance, medical care, mortgage title insurance, social networks, internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their paycheck to monopolists and oligopolists.
The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages, and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why the US is becoming a more unequal society, why economic growth is anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why workers are losing out.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2019 Jonathan Tepper and Denise Hearn (P)2019 Gildan MediaLos oyentes también disfrutaron...
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- Versión completa
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A sweeping reappraisal of the last sixty years of world history, An Extraordinary Time describes how the postwar economic boom dissipated, undermining faith in government, destabilizing the global financial system, and forcing us to come to terms with how tumultuous our economy really is.
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Good review of crucial turning point in history
- De Philo en 11-22-16
De: Marc Levinson
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The Instant Economist
- Everything You Need to Know About How the Economy Works
- De: Timothy Taylor
- Narrado por: Don Hagen
- Duración: 9 h y 35 m
- Versión completa
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Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor here tackles all the key questions and hot topics of both microeconomics and macroeconomics, so you can understand and discuss economics on a personal, national, and global level.
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Timothy Taylor is the best
- De Jake en 02-15-15
De: Timothy Taylor
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Phishing for Phools
- The Economics of Manipulation and Deception
- De: George A. Akerlof, Robert J. Shiller
- Narrado por: Bronson Pinchot
- Duración: 7 h y 11 m
- Versión completa
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Ever since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand. In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception.
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Useful for a certain audience, but ...
- De Philo en 02-29-16
De: George A. Akerlof, y otros
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How the Other Half Banks
- Exclusion, Exploitation, and the Threat to Democracy
- De: Mehrsa Baradaran
- Narrado por: Priya Ayyar
- Duración: 9 h y 36 m
- Versión completa
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The United States has two separate banking systems today - one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities - all thanks to deregulation that began in the 1970s.
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The Borrowers at the Fringe
- De Darwin8u en 09-13-16
De: Mehrsa Baradaran
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How Asia Works
- Success and Failure in the World's Most Dynamic Region
- De: Joe Studwell
- Narrado por: Nigel Patterson
- Duración: 11 h y 46 m
- Versión completa
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In How Asia Works, Joe Studwell distills extensive research into the economics of nine countries - Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China - into an accessible narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why some countries have boomed while others have languished.
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The best economic development book I’ve ever seen
- De Jay en 02-17-20
De: Joe Studwell
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Economics for the Common Good
- De: Jean Tirole, Steven Rendell - translator
- Narrado por: Jonathan Davis
- Duración: 18 h y 54 m
- Versión completa
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When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
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A Great Overview of the Challenges of Modern Econ
- De Zach Sullivan en 08-06-18
De: Jean Tirole, y otros
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That Used to Be Us
- How America Fell Behind in the World It Invented and How We Can Come Back
- De: Thomas L. Friedman, Michael Mandelbaum
- Narrado por: Jason Culp
- Duración: 16 h y 53 m
- Versión completa
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America has a huge problem. It faces four major challenges, on which its future depends, and it is failing to meet them. In That Used to Be Us, Thomas L. Friedman, one of our most influential columnists, and Michael Mandelbaum, one of our leading foreign policy thinkers, analyze those challenges - globalization, the revolution in information technology, the nation's chronic deficits, and its pattern of energy consumption - and spell out what we need to do now to rediscover America and rise to this moment.
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We have met the enemy and it is us.... Pogo
- De Soudant en 09-16-11
De: Thomas L. Friedman, y otros
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Radical Markets
- Uprooting Capitalism and Democracy for a Just Society
- De: Eric A. Posner, E. Glen Weyl
- Narrado por: James Conlan
- Duración: 9 h y 7 m
- Versión completa
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Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.
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Terrible Reader ruins this book
- De Brian W. Veit en 10-30-18
De: Eric A. Posner, y otros
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Hostile Takeover
- Resisting Centralized Government's Stranglehold on America
- De: Matt Kibbe
- Narrado por: George Newbern
- Duración: 12 h y 11 m
- Versión completa
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Hostile Takeover is a rebellious challenge to the "upper management" of government, who are choking American prosperity and liberty. Matt Kibbe exposes the privileged collusion of Washington insiders - and maps out a proven plan for how to return power from the self-appointed "experts" back to the people. Dubbed "one of the Tea Party's masterminds" by Newsweek, Kibbe reveals how grassroots citizens can and will check the federal behemoth and restore the American enterprise.
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An amazing book from an interesting perspective
- De Aaron en 12-28-12
De: Matt Kibbe
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Putinomics
- Money and Power in Resurgent Russia
- De: Chris Miller
- Narrado por: Traber Burns
- Duración: 8 h y 4 m
- Versión completa
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In Putinomics, Chris Miller examines the making of Russian economic policy since Vladimir Putin took power in 1999. Miller argues that Putin's economic strategy has functioned far more effectively than most Westerners realize. While acknowledging that part of Putin's successes - above all, quadrupling per capita GDP in just a decade and a half - can be attributed to cashing in on high oil prices, Miller details the government policies that have also been fundamental to Russia's growth.
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Go find something better
- De Anonymous User en 08-04-21
De: Chris Miller
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The Miracle
- The Epic Story of Asia's Quest for Wealth
- De: Michael Schuman
- Narrado por: Fred Stella
- Duración: 14 h y 4 m
- Versión completa
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Spanning nine countries, filled with heroic tales of bold decisions and self-sacrifice, and probing vast historical undercurrents, "The Miracle" takes readers inside private boardroom meetings, heated business negotiations, factory floors, and presidential cabinet sessions for a behind-the-scenes look at the events that shaped Asia's economic ascent - and will shape the world in the century to come.
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Packed with stories of both bussinesses and gov
- De Roman en 11-21-12
De: Michael Schuman
Las personas que vieron esto también vieron...
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Old Money
- The Mythology of Wealth in America
- De: Nelson Aldrich
- Narrado por: Robin Bloodworth
- Duración: 16 h y 34 m
- Versión completa
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General
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Narración:
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Historia
This insider's look at inherited wealth in the United States explores the complex meanings of money and success in American society with a new introduction that examines whether America's privileged class will be willing or able to play a leadership role in the twenty-first century.
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Nice Insights on Old Money Families
- De John P. en 03-19-21
De: Nelson Aldrich
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They Made America
- From the Steam Engine to the Search Engine: Two Centuries of Innovators
- De: Harold Evans, Gail Buckland, David Lefer
- Narrado por: Harold Evans
- Duración: 6 h y 1 m
- Versión resumida
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General
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Narración:
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Historia
The workshop revolutionaries who made our world have never had the attention afforded the political revolutionaries who founded this nation. But it has been these innovators, in small-town attics and on the Mississippi, in Silicon Valley and the wheat fields of Kansas, in a Black woman's beauty parlor and a Dayton bicycle shop, who set America on a course to attain a standard of living unprecedented in the history of the world.
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Wait for the Unabridged audiobook.
- De Jim en 01-02-05
De: Harold Evans, y otros
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How Markets Fail
- The Logic of Economic Calamities
- De: John Cassidy
- Narrado por: Ralph Cosham
- Duración: 13 h y 15 m
- Versión completa
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General
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Narración:
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Historia
Behind the alarming headlines about job losses, bank bailouts, and corporate greed, there is a little-known story of bad ideas. For 50 years or more, economists have been busy developing elegant theories of how markets work - how they facilitate innovation, wealth creation, and an efficient allocation of society's resources. But what about when markets don't work?
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Three books in one.
- De Donald en 02-13-10
De: John Cassidy
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Capitalism vs. Socialism: Comparing Economic Systems
- De: The Great Courses
- Narrado por: Professor Edward F. Stuart PhD
- Duración: 11 h y 59 m
- Grabación Original
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General
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Narración:
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Historia
Ever since we produced our course Thinking About Capitalism, customers have expressed interest in a follow-up course that could help them understand socialism in the same way. After much consideration, we determined that it actually would be more beneficial to create a course that compares and contrasts the two major global economic theories, examining them in ways that move past the polemics many of us are used to and looking at these systems as they relate to one another and the world at large.
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A biased view of economics.
- De David S. Westby en 09-03-19
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Civilian Warriors
- The Inside Story of Blackwater and the Unsung Heroes of the War on Terror
- De: Erik Prince
- Narrado por: Jeff Gurner
- Duración: 13 h y 12 m
- Versión completa
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General
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Narración:
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Historia
Blackwater is one of the most misunderstood companies of our time. As Erik Prince, its founder and former CEO, writes: "Hundreds of American citizens employed by private military contractors, or PMCs, would lose their lives helping our government wage wars in Afghanistan and Iraq, only to have their memory tarnished by the unfair and/or ignorant depiction of PMCs as profiteers, jackbooted thugs, or worse."
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A different look a Security Contractors
- De Ryan en 01-20-14
De: Erik Prince
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Bubble in the Sun
- The Florida Boom of the 1920s and How It Brought on the Great Depression
- De: Christopher Knowlton
- Narrado por: Fred Sanders
- Duración: 13 h y 27 m
- Versión completa
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General
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Narración:
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Historia
In Bubble in the Sun Christopher Knowlton shows us the grand artistic and entrepreneurial visions behind Coral Gables, Boca Raton, Mar-a-Lago, Miami Beach, and other storied sites. It was a time when the nightlife raged more raucously than anywhere else in America; workers, mostly black, who built and maintained the boom endured grievous abuses; and the pure beauty of the Everglades suffered wanton ruination. Knowlton also breathes dynamic life into the four forces that made and/or broke Florida in the time.
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One irritating point...
- De Dan Pinkston en 02-07-20
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Old Money
- The Mythology of Wealth in America
- De: Nelson Aldrich
- Narrado por: Robin Bloodworth
- Duración: 16 h y 34 m
- Versión completa
-
General
-
Narración:
-
Historia
This insider's look at inherited wealth in the United States explores the complex meanings of money and success in American society with a new introduction that examines whether America's privileged class will be willing or able to play a leadership role in the twenty-first century.
-
-
Nice Insights on Old Money Families
- De John P. en 03-19-21
De: Nelson Aldrich
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They Made America
- From the Steam Engine to the Search Engine: Two Centuries of Innovators
- De: Harold Evans, Gail Buckland, David Lefer
- Narrado por: Harold Evans
- Duración: 6 h y 1 m
- Versión resumida
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General
-
Narración:
-
Historia
The workshop revolutionaries who made our world have never had the attention afforded the political revolutionaries who founded this nation. But it has been these innovators, in small-town attics and on the Mississippi, in Silicon Valley and the wheat fields of Kansas, in a Black woman's beauty parlor and a Dayton bicycle shop, who set America on a course to attain a standard of living unprecedented in the history of the world.
-
-
Wait for the Unabridged audiobook.
- De Jim en 01-02-05
De: Harold Evans, y otros
-
How Markets Fail
- The Logic of Economic Calamities
- De: John Cassidy
- Narrado por: Ralph Cosham
- Duración: 13 h y 15 m
- Versión completa
-
General
-
Narración:
-
Historia
Behind the alarming headlines about job losses, bank bailouts, and corporate greed, there is a little-known story of bad ideas. For 50 years or more, economists have been busy developing elegant theories of how markets work - how they facilitate innovation, wealth creation, and an efficient allocation of society's resources. But what about when markets don't work?
-
-
Three books in one.
- De Donald en 02-13-10
De: John Cassidy
-
Capitalism vs. Socialism: Comparing Economic Systems
- De: The Great Courses
- Narrado por: Professor Edward F. Stuart PhD
- Duración: 11 h y 59 m
- Grabación Original
-
General
-
Narración:
-
Historia
Ever since we produced our course Thinking About Capitalism, customers have expressed interest in a follow-up course that could help them understand socialism in the same way. After much consideration, we determined that it actually would be more beneficial to create a course that compares and contrasts the two major global economic theories, examining them in ways that move past the polemics many of us are used to and looking at these systems as they relate to one another and the world at large.
-
-
A biased view of economics.
- De David S. Westby en 09-03-19
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Civilian Warriors
- The Inside Story of Blackwater and the Unsung Heroes of the War on Terror
- De: Erik Prince
- Narrado por: Jeff Gurner
- Duración: 13 h y 12 m
- Versión completa
-
General
-
Narración:
-
Historia
Blackwater is one of the most misunderstood companies of our time. As Erik Prince, its founder and former CEO, writes: "Hundreds of American citizens employed by private military contractors, or PMCs, would lose their lives helping our government wage wars in Afghanistan and Iraq, only to have their memory tarnished by the unfair and/or ignorant depiction of PMCs as profiteers, jackbooted thugs, or worse."
-
-
A different look a Security Contractors
- De Ryan en 01-20-14
De: Erik Prince
-
Bubble in the Sun
- The Florida Boom of the 1920s and How It Brought on the Great Depression
- De: Christopher Knowlton
- Narrado por: Fred Sanders
- Duración: 13 h y 27 m
- Versión completa
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General
-
Narración:
-
Historia
In Bubble in the Sun Christopher Knowlton shows us the grand artistic and entrepreneurial visions behind Coral Gables, Boca Raton, Mar-a-Lago, Miami Beach, and other storied sites. It was a time when the nightlife raged more raucously than anywhere else in America; workers, mostly black, who built and maintained the boom endured grievous abuses; and the pure beauty of the Everglades suffered wanton ruination. Knowlton also breathes dynamic life into the four forces that made and/or broke Florida in the time.
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One irritating point...
- De Dan Pinkston en 02-07-20
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Scale
- The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life, in Organisms, Cities, Economies, and Companies
- De: Geoffrey West
- Narrado por: Bruce Mann
- Duración: 19 h y 13 m
- Versión completa
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Visionary physicist Geoffrey West is a pioneer in the field of complexity science, the science of emergent systems and networks. The term complexity can be misleading, however, because what makes West's discoveries so beautiful is that he has found an underlying simplicity that unites the seemingly complex and diverse phenomena of living systems, including our bodies, our cities, and our businesses.
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Not for a scientific reader
- De UUbu en 10-30-17
De: Geoffrey West
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Good Profit
- How Creating Value for Others Built One of the World's Most Successful Companies
- De: Charles G. Koch
- Narrado por: Paul Michael, Charles G. Koch
- Duración: 9 h y 15 m
- Versión completa
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Here, drawing on revealing, honest stories from his five decades in business - the company's many successes as well as its stumbles - Koch walks the listener step by step through the five dimensions of Market-Based Management to show stockholders, entrepreneurs, leaders, students - and innovators, supervisors and employees of all kinds, in any field - how to apply the principles to generate Good Profit in their organizations, companies, and lives.
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Good Profit for Business and Life!
- De Vision42 en 10-18-15
De: Charles G. Koch
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A Monetary and Fiscal History of the United States, 1961-2021
- De: Alan S. Blinder
- Narrado por: Todd McLaren
- Duración: 15 h y 12 m
- Versión completa
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Alan Blinder, one of the world's most influential economists and one of the field's best writers, draws on his deep firsthand experience to provide an authoritative account of sixty years of monetary and fiscal policy in the United States. Spanning twelve presidents, from John F. Kennedy to Joe Biden, and eight Federal Reserve chairs, from William McChesney Martin to Jerome Powell, this is an insider's story of macroeconomic policy that hasn't been told before—one that is a pleasure to listen to, and as interesting as it is important.
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Listen for Nixon's Sake
- De Tricia en 10-26-22
De: Alan S. Blinder
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The Alternative
- How to Build a Just Economy
- De: Nick Romeo
- Narrado por: Jamie Renell
- Duración: 10 h y 49 m
- Versión completa
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Confronted by the terrifying trends of the early twenty-first century – widening inequality, environmental destruction, and the immiseration of millions of workers around the world – many economists and business leaders still preach dogmas that lack evidence and create political catastrophe: Private markets are always more efficient than public ones; investment capital flows efficiently to necessary projects; massive inequality is the unavoidable side effect of economic growth; people are selfish and will only behave well with the right incentives.
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Cogent and thoughtful
- De Amazon Customer en 08-02-24
De: Nick Romeo
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Religion and the Rise of Capitalism
- De: Benjamin M. Friedman
- Narrado por: Paul Bellantoni
- Duración: 18 h y 15 m
- Versión completa
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Critics of contemporary economics complain that belief in free markets - among economists as well as many ordinary citizens - is a form of religion. And, it turns out, that in a deeper, more historically grounded sense there is something to that idea. Contrary to the conventional historical view of economics as an entirely secular product of the Enlightenment, Benjamin M. Friedman demonstrates that religion exerted a powerful influence from the outset.
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Learned a lot from this book
- De Kau'i Baumhofer en 07-09-21
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Antitrust
- Taking on Monopoly Power from the Gilded Age to the Digital Age
- De: Amy Klobuchar
- Narrado por: Nan McNamara, Amy Klobuchar
- Duración: 14 h y 25 m
- Versión completa
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Antitrust enforcement is one of the most pressing issues facing America today - and Amy Klobuchar, the widely respected senior senator from Minnesota, is leading the charge. This fascinating history of the antitrust movement shows us what led to the present moment and offers achievable solutions to prevent monopolies, promote business competition, and encourage innovation.
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Not Just Monopolies But Progressive Politics Too
- De J.B. en 05-01-21
De: Amy Klobuchar
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A Splendid Exchange
- How Trade Shaped the World
- De: William J. Bernstein
- Narrado por: Mel Foster
- Duración: 17 h y 13 m
- Versión completa
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In A Splendid Exchange, William J. Bernstein tells the extraordinary story of global commerce from its prehistoric origins to the myriad controversies surrounding it today. He transports listeners from ancient sailing ships that brought the silk trade from China to Rome in the second century to the rise and fall of the Portuguese monopoly in spices in the 16th.
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Very interesting and Germane to Today's World
- De Mark en 07-18-08
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The Sickness Is the System
- When Capitalism Fails to Save Us from Pandemics or Itself
- De: Richard D. Wolff
- Narrado por: Rick Adamson
- Duración: 8 h y 11 m
- Versión completa
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The coronavirus pandemic, the deepening economic crash, dangerously divisive political responses, and exploding social tensions have thrown an already declining American capitalist system into a tailspin. The consequences of these mounting and intertwined crises will shape our future. In this unique collection of over 50 essays, The Sickness Is the System: When Capitalism Fails to Save Us from Pandemics or Itself, Richard D. Wolff argues clearly that "returning to normal" no longer responds adequately to the accumulated problems of US capitalism.
De: Richard D. Wolff
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The Crisis of Democratic Capitalism
- De: Martin Wolf
- Narrado por: John Lee
- Duración: 13 h y 17 m
- Versión completa
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Martin Wolf has long been one of the wisest voices on global economic issues. He has rarely been called an optimist, yet he has never been as worried as he is today. Liberal democracy is in recession, and authoritarianism is on the rise. The ties that ought to bind open markets to free and fair elections are threatened, even in democracy’s heartlands, the United States and England.
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Rambling and muddled.
- De Daniel Mccarty en 02-20-23
De: Martin Wolf
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The Politically Incorrect Guide to Capitalism
- De: Dr. Robert P. Murphy
- Narrado por: Perry Richards
- Duración: 5 h y 55 m
- Versión completa
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Participating in the economy is a part of everyday life; yet much of what is commonly accepted as fact is wrong. Keynesian schoolteachers and the liberal media have filled the world with politically correct errors that myth-busting professor Robert Murphy sets straight. Murphy explains hot topics like outsourcing (why it's good for Americans) and zoning restrictions (why they're not). Just like the other books in the P.I.G. series, The Politically Incorrect Guide to Capitalism pulls no punches.
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Entertaining and Educational
- De Micah N. en 04-15-07
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The Price of Time
- The Real Story of Interest
- De: Edward Chancellor
- Narrado por: Luis Soto
- Duración: 15 h y 7 m
- Versión completa
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In the beginning was the loan, and the loan carried interest. For at least five millennia people have been borrowing and lending at interest. Yet as capitalism became established from the late Middle Ages onwards, denunciations of interest were tempered because interest was a necessary reward for lenders to part with their capital. And interest performs many other vital functions: it encourages people to save; enables them to place a value on precious assets, such as houses and all manner of financial securities; and allows us to price risk.
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Big landscape in time and subjects; Austrian view
- De Philo en 08-29-22
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The Masters of Private Equity and Venture Capital
- Management Lessons from the Pioneers of Private Investing
- De: Robert Finkel, David Greising
- Narrado por: Walter Dixon
- Duración: 10 h y 16 m
- Versión completa
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In The Masters of Private Equity and Venture Capital, the pioneers of the industry share the investing and management wisdom they have gained by investing in and transforming their portfolio companies. Based on original interviews conducted by the authors, this book is filled with colorful stories on the subjects that most matter to the high-level investor, such as selecting and working with management, pioneering new markets, adding value through operational improvements, applying private equity principles to non-profits, and much more.
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The 2nd 5 hours is awesome VC history
- De Jose en 04-10-22
De: Robert Finkel, y otros
Lo que los oyentes dicen sobre The Myth of Capitalism
Calificaciones medias de los clientesReseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.
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- Quinton Sanicola
- 12-12-23
If you love capitalism
If you want to know what’s really going on in America and truly want to fix the current state of things. This provides essential information about what’s really going on in the supposedly free market. The problem is in capitalism. The problem is they blatantly ignoring of the rules and laws which stifle Capitalism.
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- David
- 08-15-24
Great Read
This book will piss you off because it opens your eyes to multiple issues that are not being addressed
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- Gib Reynolds
- 12-16-23
Should Be A Must Listen
Unpacks capitalism and what we have the America very well. I think this should be a must listen regardless of political leanings.
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- Mark
- 12-20-21
The true issue of our time
Everyone should listen to and understand the premise of this book. Our country depends on it. It only re-enforced all the economic principles that I have been studying. My belief that both the right and left have it wrong and right.
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- Eric Baird
- 05-29-19
Read and then take action
Considering I bought this book through a company aquired by Amazon, I am guilty as charged. I've been a huge advocate for each and everyone of the companies now dominating todays market. For example I bought an Amazon shredder which was essentially knock off of a popular shredder made by an independent company advertising on Amazon. More concerning is the huge drop of internet start ups we are seeing in San Francisco. Its like the money has dried up. Bottom line is these companies are not bad. but any concentration of power is. This is a good sjort read with lots of information. Pass it along
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- Ivanhoe
- 02-06-21
Excellent analysis of a global problem
Tepper has made an excellent analysis of what is wrong with capitalistic system in the US of today. But the problem is not only there, it is a global problem. The sad thing is that politicians on both side of the aisle seem to be uninterested in taking actions towards their big corporate sponsors which in most cases are encumbents protecting monopolistic or near monopolistic market positions. One good example is the finance and banking industry where the regulators are issuing hundred thousand pages of Basel regulations which pratically make it impossible to start or run a small finance company or bank. The large institutions are just paying lip service to the critism of this overeagerness of heavy handed regulations knowing that for each new regulations implemented their dominant market positions get ever more unassailable. Who is paying the price for this effectice reduction of competition? You, dear consumer. The loss to consumers and society in general due overregulations will be many times the losses incurred by the financial crisis. Bear in mind that the US Treasurys investments in saving banks and finance companies were paid back with interest in 2014. The global corrision of competitive forces will cost tax payers and the common man many times the loss of output due the financial crisis. It is now more than 11 years since financial crisis ended and there does not seem to be any stop to the regulatory tsunami hitting e.g. the finance and banking sector.
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- Alice
- 06-25-23
Important book, a must listen
Unfortunately, the narration is very dry, basically computerized. There’s barely any attempt to match the written word’s tone or humor.
However, still an important and worthy listen.
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- Torrance Abell
- 09-08-19
Flawed, but still worth a read.
A lot of good insight. Author has no understanding of several industries like banking and some aspects of tech as it relates to consumers. It is almost as clueless as Warren. Rather political toward the end of the book, but on the whole, a worthwhile read.
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esto le resultó útil a 3 personas
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- Amazon Customer
- 03-05-21
Read this book before it is banned
This is one of the best books that I have ever read. It is balanced, objective and approachable. It mixes economics, history and sociology seamlessly. The order of the book couldn't be better. it explains the problems and then gives specific examples. the summary gives practical short term and long term solutions.
This book doesn't just point fingers and divide people. Individual responsibility and personal choices are included in explanations of cause and effect.
This book could save America by bringing the left and right together around common goals. The by-product of following the suggestions made in this book would be a fairer country where innovators are rewarded and small businesses thrive.
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- Amazon Customer
- 10-27-22
eye opening To current state of America
we need to vote in people that are going to enforce antitrust laws. as a wage earner we all are at a wealth disadvantage. we the people are paying for the greed of a few.
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