Is Wall Road bad for Main Street America?

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

In taking a look at the pushes that formed the 2016 presidential election, one thing is clear: a lot of the population feels that our economic system is usually rigged to enrich the privileged elites at the expense of hard-working People in america. This is a perception held similarly on both edges of political range, and it seems only to become gaining momentum.

A about Makers and Takers: The Rise of Finance and nov American Business essential reason, says Financial Moments columnist Rana Foroohar, may be the fact that Wall Street is no more supporting Main Road businesses that induce the jobs for the center and working class. She draws on in-depth reporting and interviews at the best rungs of business and federal government to show the way the “financialization of America”-the phenomenon by which finance and its way of thinking have come to dominate every corner of business-is threatening the American Dream.

Now updated with new material explaining how our corrupted financial sys­tem propelled Donald Trump to power, Makers and Takers explores the confluence of forces which has led American businesses to favor balance-sheet engineering within the actual kind, greed over development, and short-term profits over putting people to work. Through the cozy romantic relationship between Wall Road and Washington, to a tax code made to advantage wealthy individuals and companies, to forty many years of bad policy decisions, she displays why a lot of Americans have shed rely upon the sys­tem, and just why it matters urgently to us all.

Through colorful tales of both “Takers,” those stifling job creation while lining their own wallets, and “Manufacturers,” businesses portion the real economy, Foroohar shows how we can reverse these styles for a better path forward.