Includes bibliographical references (317-348) and index.
Contents
The Jekyll and Hyde of finance -- Boring banking and the "golden age" of capitalism -- Roaring banking : the world the bankers made -- Are bankers essential workers? -- The anatomy of the bankers' club -- Lobbyists and politicians vs. The club busters -- The federal reserve : chairman of the club -- Financial regulators and their lawyers -- Non-financials flip : the financialization of the CEO's -- Bankers' club economics -- Financial regulation for all -- Banks without bankers : finance to meet social needs -- Busting the bankers' club and restoring democracy.
Summary
An eye-opening account of the failures of our financial system, the sources of its staying power, and the path to meaningful economic reform. Bankers brought the global economic system to its knees in 2007 and nearly did the same in 2020. Both times, the US government bailed out the banks and left them in control. How can we end this cycle of trillion-dollar bailouts and make finance work for the rest of us? Busting the Ba.
