Makers and Takers: The Rise of Finance and the Fall of American Business
Categories: Business & Money
Makers and Takers: The Rise of Finance and the Fall of American Business (2016) is a book by Rana Foroohar. Foroohar argues that finance has come to dominate the American economy at the expense of productive business and long-term growth. She traces how that shift happened and what it costs workers, companies and the quality of public policy over decades.
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- Fareed Zakaria: “This week's book of the week is Rana Foroohar's "Makers and Takers: The Rise of Finance and the Fall of American Business." We've spent a lot of time understanding Donald Trump. This book provides a window into the twin appeal of Trump and Bernie Sanders. Finance, she points out, represents 4 percent of America's jobs but 25 percent of corporate profits. And maybe that's why only 19 percent of millennials say they support capitalism. This is an important book with an important message.”