Listen free for 30 days
Listen with offer
-
Summary of Makers and Takers by Rana Foroohar
- Includes Analysis
- Narrated by: Susan Murphy
- Length: 24 mins
Failed to add items
Add to basket failed.
Add to wishlist failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
99p for the first 3 months
Buy Now for £2.99
No valid payment method on file.
We are sorry. We are not allowed to sell this product with the selected payment method
Summary
Rana Foroohar's Makers and Takers: The Rise of Finance and the Fall of American Business argues that finance has become an increasingly dominant force in controlling the organization of the US economy. This has weakened American business and created growing inequality.
The argument against the growing power of finance capital is not an argument against capitalism itself. Rather, finance must be reined in so that capitalism can proceed efficiently. Healthy competition is undermined when banks and financial conglomerates trade in commodities, thereby competing with businesses rather than supplying them with capital. Financial industries have access to information and capital that gives them unfair advantages in the market.
Financial firms make profits by manipulating money and debt, rather than by producing goods or providing services.
Please note: This is key takeaways and analysis of the book and NOT the original book.
Inside this Instaread Summary of Makers and Takers by Rana Foroohar:
- Overview of the Book
- Important People
- Key Takeaways
- Analysis of Key Takeaways
- About the Author