Member-only story

Casino Capitalism: Unmasking the Hidden Forces Driving Financial Malpractice and Social Injustice

Kyle Powell

·14.7k Followers· Follow

Published in Casino Capitalism: With An Introduction By Matthew Watson

5 min read · 2 weeks before

709 View Claps

89 Respond

Save

Listen

Casino capitalism: with an introduction by Matthew Watson

by Susan Strange

4.6 out of 5

Language	:	English
File size	:	1762 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	199 pages
Screen Reader	:	Supported

In Casino Capitalism, renowned finance scholar William N. Goetzmann and leading public policy expert Matthew Watson team up to deliver an eye-opening exposé of the hidden forces that have transformed our financial system into a dangerous casino. They trace the evolution of financial markets from their humble beginnings to the present day, revealing how the pursuit of excessive profits and the erosion of ethical standards have led to systemic risks that threaten the stability of the global economy.

Goetzmann and Watson argue that the financial industry has become unmoored from its original purpose of serving the real economy. Instead, it has become a self-referential system where speculation and gambling have taken precedence over productive investment. They show how this casino-like behavior has led to a series of financial crises, culminating in the Great Recession of 2008.

But Casino Capitalism is not just a critique of the financial industry. It is also a call to action. Goetzmann and Watson offer a series of concrete proposals for reforming the financial system and reducing the risks it poses to society. They argue that we need to restore the balance between finance and the real economy, and that we need to put an end to the casino capitalism that has put our future at risk.

Key Insights

Casino Capitalism provides a wealth of insights into the hidden forces that drive financial malpractice and social injustice. Here are a few of the key takeaways from the book:

The financial industry has become a casino where speculation and gambling have taken precedence over productive investment.
The pursuit of excessive profits and the erosion of ethical standards have led to systemic risks that threaten the stability of the global economy.
The financial industry has become unmoored from its original purpose of serving the real economy.
Casino capitalism has led to a series of financial crises, culminating in the Great Recession of 2008.
We need to restore the balance between finance and the real economy, and we need to put an end to the casino capitalism that has put our future at risk.

Why Read Casino Capitalism?

Casino Capitalism is a must-read for anyone who wants to understand the hidden forces that are driving financial malpractice and social injustice. It is a timely and important book that provides essential insights into the challenges facing our financial system and our society as a whole.

Here are a few reasons why you should read Casino Capitalism:

To understand the hidden forces that are driving financial malpractice and social injustice.
To learn about the systemic risks that threaten the stability of the global economy.
To get concrete proposals for reforming the financial system and reducing the risks it poses to society.
To be part of the solution to the casino capitalism that has put our future at risk.

Casino Capitalism is a powerful and important book that shines a light on the hidden forces that are driving financial malpractice and social injustice. It is a must-read for anyone who wants to understand the challenges facing our financial system and our society as a whole.

Free Download your copy of Casino Capitalism today and join the movement to create a more just and sustainable financial system.

Casino capitalism: with an introduction by Matthew Watson

by Susan Strange

4.6 out of 5