A Capitalism for the People: Recapturing the Lost Genius of American Prosperity

A Capitalism for the People: Recapturing the Lost Genius of American Prosperity

by Luigi Zingales

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Overview

When the Italian-born economist Luigi Zingales came to the United States in the 1980s, he embraced the American Dream: the belief that what brings you success is hard work, not luck or who you know. But the economic events of the past decade have put American capitalism in crisis. Now, living in America's heartland, Zingales warns in A Capitalism for the People that the U.S. economy risks deteriorating into a pro-business rather than pro-market system run by corrupt politicians. Presenting a real-world blueprint to restore true competition to our economic system, Zingales gives hope that the U.S. can rebound to greatness.

Product Details

ISBN-13: 9780465085958
Publisher: Basic Books
Publication date: 02/11/2014
Edition description: First Trade Paper Edition
Pages: 336
Sales rank: 342,260
Product dimensions: 5.50(w) x 8.10(h) x 1.00(d)
Age Range: 13 - 18 Years

About the Author

Luigi Zingales is the Robert C. McCormack Professor of Entrepreneurship and Finance at the University of Chicago's Booth School of Business. The co-author of Saving Capitalism from the Capitalists and a contributing editor of City Journal, he lives in Chicago with his wife and children.

Table of Contents

Preface ix

Introduction xv

Part 1 The Problem

1 The American Exception 3

2 Who Killed Horatio Alger? 14

3 Crony Capitalism American Style 28

4 Crony Finance 48

5 Bailout Nation 70

6 The Responsibilities of the Intellectuals 92

7 The Time for Populism 108

Part 2 Solutions

8 Equality of Opportunity 123

9 Fighting Inequality with Competition 149

10 The Need for A Market-Based Ethics 164

11 Limits to Lobbying 183

12 Simple is Beautiful 202

13 Good and Bad Taxes 216

14 Reforming Finance 226

15 Data to the People 241

16 Pro Market, Not Pro Business 252

Acknowledgments 259

Notes 261

Index 287

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