Makers and Takers: The Rise of Finance and the Fall of American Business Audiobook (Free)

Is Wall Road bad for Main Street America?

‘A well-told exploration of why our current overall economy is leaving way too many behind.’ -The NY Instances

In looking at the causes that formed the 2016 presidential election, a very important factor is clear: a lot of the population thinks that our economic climate can be rigged to enrich the privileged elites at the expense of hard-working People in america. This is a perception held equally on both sides of political spectrum, and it seems only to become gaining momentum.

A about Manufacturers and Takers: The Rise of Finance and the Fall of American Business key reason, says Financial Occasions columnist Rana Foroohar, may be the reality that Wall Street is no more supporting Main Street businesses that create the careers for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and authorities to show the way the “financialization of America”-the trend by which finance and its way of thinking have come to dominate every corner of business-is intimidating the American Dream.

Now updated with new material explaining how our corrupted monetary sys­tem propelled Donald Trump to power, Manufacturers and Takers explores the confluence of pushes that has led American businesses to favour balance-sheet engineering on the real kind, greed over growth, and short-term income over putting people to work. In the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy people and companies, to forty many years of bad plan decisions, she displays why a lot of Americans have shed rely upon the sys­tem, and why it matters urgently to us all.

Through colorful stories of both “Takers,” those stifling job creation while lining their own wallets, and “Makers,” businesses portion the real overall economy, Foroohar shows how we can reverse these styles for an improved path forward.