Makers and takers : how Wall Street destroyed Main Street

By: Foroohar, RanaMaterial type: TextTextPublisher: New York Crown Business 2017Description: 388pISBN: 9780553447255Subject(s): FINANCIAL CRISES- UNITED STATES | FINANCE- GOVERNMENT POLICY- UNITED STATESDDC classification: 332.65 FOR Summary: This text explores the confluence of forces that has led American businesses to favour 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 system, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, author shows how we can reverse these trends for a better path forward.
List(s) this item appears in: FT and McKinsey Business Books
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This text explores the confluence of forces that has led American businesses to favour 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 system, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, author shows how we can reverse these trends for a better path forward.

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