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Subverting Capitalism and Democracy: Systemic faults that caused the Financial Crisis Paperback


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Product Details

  • Paperback: 160 pages
  • Publisher: CreateSpace Independent Publishing Platform (April 10, 2010)
  • Language: English
  • ISBN-10: 1451555431
  • ISBN-13: 978-1451555431
  • Product Dimensions: 0.4 x 7.9 x 4.9 inches
  • Shipping Weight: 8.3 ounces (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #2,609,984 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

Rahul is a buy-side financial analyst. He has over 10 years experience spanning manufacturing, consulting, investment banking firms. He is interested in the changing equations of value, the next chapter of wealth creation and its implication.

More About the Author

I am an investor and an author. I invest in Indian equity markets though I track global markets and commentary. Previously, I have worked with hedge fund analyzing companies across the world. My experience spans manufacturing, consulting, investment banking firms. I have advised a wide range of clients including Fortune 500 companies, banks, hedge funds and private equity funds among others.

I am interested in the changing equations of value, the next chapter of wealth creation and its implication. My interests center around five areas viz., investment management, economics, poverty alleviation, development of education and law. You can read my ideas on my website and my blogs. I am a mechanical engineering and MBA by qualification. I am based in Mumbai, India.

http://www.rahuldeodhar.com
http://rahuldeodhar.blogspot.com

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Format: Kindle Edition
I subtract 1 star for Kindle formatting problems which made the organization more difficult than it should have been. The writing style is a bit cumbersome in places. And some of the "solutions" were more like a description of how things "should" work rather than a idea of how to start moving in that direction -- particularly for those who do not have a powerful position at the bargaining table.

Yet it maintains 4 stars because of the scope and balance of its thinking. Very few books I've read on this subject have the courage to tackle topics of this breadth. Most conservatively cower in a safe niche with only vague references to the vast environment of change that swept through the 20th century. I loved this book because of its intelligent broad view that covered most of the important bases. It is not too relevant whether I agree with the author or not; it enjoyable to read a framework for considering the bigger questions of capitalism, government, fairness, and the lives of ordinary people.

This isn't a book for those without some background in economics. And those who want a 10-point prescription for guaranteed success will be disappointed, but those people are destined to be disappointed with life anyhow. Life doesn't happen according to our plans, and the map of the future is mostly wrong conjectures built on a past that won't be repeated in a recognizable form.

I liked the fairness and balance of the discussion. It is not a tirade against corporations or capitalism, nor does it bow to capitalism in religious awe. Government does have legitimate functions and commitments to common fairness that sometimes contradict the corporate religion of maximizing profits. The fairness issue is discussed without a tone of evangelical moralizing.

A book on this topic that seems as much interested in promoting discussion as it does in promoting its viewpoint, is unusual.
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