Carlos Slim

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Publisher : Verso Books
ISBN 13 : 1786634368
Total Pages : 337 pages
Book Rating : 4.7/5 (866 download)

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Book Synopsis Carlos Slim by : Diego Osorno

Download or read book Carlos Slim written by Diego Osorno and published by Verso Books. This book was released on 2019-09-24 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can one of the richest men in the world be a good person? The rich are not like us. Great wealth brings both power and immunity, a pairing that opens a yawning moral abyss at the feet of the world’s billionaires. Carlos Slim is one of eight people whose combined wealth equals that of the 3.6 billion people who make up the poorest half of humanity. A businessman who dominates telecoms and global real estate, and a major shareholder of the New York Times, Slim exerts a degree of power in Mexico unmatched by any politician. The biography of Carlos Slim, one of the richest people of all time, is a case study in the ethical and psychological effects of extraordinary wealth. Not just the tale of the first man from a developing country ever to reach the top of the Forbes list of billionaires, it presents a living embodiment of the financial mentality of our time, a man who mistrusts politicians and believes the market to be the answer to everything—even corruption. In short, Slim’s story is that of Latin America’s last half century and indeed the wider world. After years of thorough investigation, Diego Osorno has produced an extraordinary portrait detailing the effects of great wealth. His time with Slim forces Osorno to pose an age-old question: What does it profit a man if he gains the world and loses his own soul?

The World's Richest Man: Carlos Slim In His Own Words

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Author :
Publisher : Agate Publishing
ISBN 13 : 1572847344
Total Pages : 153 pages
Book Rating : 4.5/5 (728 download)

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Book Synopsis The World's Richest Man: Carlos Slim In His Own Words by : Tanni

Download or read book The World's Richest Man: Carlos Slim In His Own Words written by Tanni and published by Agate Publishing. This book was released on 2014-04-21 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Carlos Slim claimed the top spot on Forbes’s annual list of the world’s richest people in 2010, it was the first time since 1994 that the spot wasn’t occupied by an American and, even more impressively, the first time that a person from a developing country topped the list. Although Slim is fabulously wealthy, he lives a relatively modest life, residing in the same house in Mexico City for the last 40 years. His extreme wealth and steadfast humility make him a unique creature in the world of the rich and famous. The most revelatory book available about this Mexican business magnate, comprised entirely of Slim's own thought-provoking and inspiring quotes, The World's Richest Man: Carlos Slim In His Own Words is a comprehensive guidebook to the inner workings of the world's wealthiest man and one of its most prominent philanthropists. Over 200 quotes on business, investing, entrepreneurship, leadership, management, wealth, and life provide an intimate and direct look into the mind of this modern business icon.

Carlos Slim

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Publisher :
ISBN 13 : 9780985247812
Total Pages : 0 pages
Book Rating : 4.2/5 (478 download)

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Book Synopsis Carlos Slim by : Jose Martinez

Download or read book Carlos Slim written by Jose Martinez and published by . This book was released on 2013-04-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carlos Slim has become synonymous with business success and economic power. Starting to build his fortune at the age of 14, this authorized biography reveals the boy and the man behind the name, complete with advice from the richest man on Earth on how to maintain a balanced life, inspiring readers to achieve their own destiny. He is a blueprint for how to turn adversity into success.--Publisher.

Carlos Slim

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Author :
Publisher : Verso Books
ISBN 13 : 178663435X
Total Pages : 367 pages
Book Rating : 4.7/5 (866 download)

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Book Synopsis Carlos Slim by : Diego Osorno

Download or read book Carlos Slim written by Diego Osorno and published by Verso Books. This book was released on 2019-09-24 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: The biography of Carlos Slim, one of the richest people of all time, is not just the tale of the first man from a developing country to ever reach the top of the Forbes list of billionaires. It is the story of a character who represents the neoliberal mentality of our times, who mistrusts politicians, believes that the market is the most efficient mechanism for everything (even to combat corruption), and sees philanthropy as a social investment with businesses as the exclusive form of collective wealth. In this new book, produced through years of thorough investigation, Osorno examines this symbol of twenty-first-century capitalism and of Mexico. Similar surreal dimensions lead Osorno to openly ask whether a man as rich as him can also be a good person.

Jenkins of Mexico

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Publisher : Oxford University Press
ISBN 13 : 0190455764
Total Pages : 545 pages
Book Rating : 4.1/5 (94 download)

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Book Synopsis Jenkins of Mexico by : Andrew Paxman

Download or read book Jenkins of Mexico written by Andrew Paxman and published by Oxford University Press. This book was released on 2017-04-03 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the city of Puebla there lived an American who made himself into the richest man in Mexico. Driven by a steely desire to prove himself-first to his wife's family, then to Mexican elites-William O. Jenkins rose from humble origins in Tennessee to build a business empire in a country energized by industrialization and revolutionary change. In Jenkins of Mexico, Andrew Paxman presents the first biography of this larger-than-life personality. When the decade-long Mexican Revolution broke out in 1910, Jenkins preyed on patrician property owners and bought up substantial real estate. He suffered a scare with a firing squad and then a kidnapping by rebels, an episode that almost triggered a US invasion. After the war he owned textile mills, developed Mexico's most productive sugar plantation, and helped finance the rise of a major political family, the Ávila Camachos. During the Golden Age of Mexican cinema in the 1940s-50s, he lorded over the film industry with his movie theater monopoly and key role in production. By means of Mexico's first major hostile takeover, he bought the country's second-largest bank. Reputed as an exploiter of workers, a puppet-master of politicians, and Mexico's wealthiest industrialist, Jenkins was the gringo that Mexicans loved to loathe. After his wife's death, he embraced philanthropy and willed his entire fortune to a foundation named for her, which co-founded two prestigious universities and funded projects to improve the lives of the poor in his adopted country. Using interviews with Jenkins' descendants, family papers, and archives in Puebla, Mexico City, Los Angeles, and Washington, Jenkins of Mexico tells a contradictory tale of entrepreneurship and monopoly, fearless individualism and cozy deals with power-brokers, embrace of US-style capitalism and political anti-Americanism, and Mexico's transformation from semi-feudal society to emerging economic power.

Why Nations Fail

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Publisher : Currency
ISBN 13 : 0307719227
Total Pages : 546 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Why Nations Fail by : Daron Acemoglu

Download or read book Why Nations Fail written by Daron Acemoglu and published by Currency. This book was released on 2013-09-17 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Carlos Slim

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Publisher :
ISBN 13 : 9781467532938
Total Pages : pages
Book Rating : 4.5/5 (329 download)

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Book Synopsis Carlos Slim by : Jose Martinez

Download or read book Carlos Slim written by Jose Martinez and published by . This book was released on 2012-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Brazillionaires

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Publisher :
ISBN 13 : 0812996763
Total Pages : 370 pages
Book Rating : 4.8/5 (129 download)

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Book Synopsis Brazillionaires by : Alex Cuadros

Download or read book Brazillionaires written by Alex Cuadros and published by . This book was released on 2016 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Bloomberg News invited the young American journalist Alex Cuadros to report on Brazil's emerging class of billionaires at the height of the historic Brazilian boom, he was poised to cover two of the biggest business stories of our time: how the giants of the developing world were taking their place at the center of global capitalism, and how wealth inequality was changing societies everywhere. The billionaires of Brazil and their massive fortunes resided at the very top of their country's economic pyramid, and whether they quietly accumulated exceptional power or extravagantly displayed their decadence, they formed a potent microcosm of the world's richest .001 percent. They held sway over the economy, government, media, and stewardship of the environment; they determined the spiritual fates and populated the imaginations of their countrymen. In 2012, Eike Batista ranked as the eighth-richest person in the world, was famous for his marriage to a beauty queen, and was a fixture in the Brazilian press. But by 2015, Batista was bankrupt, his son Thor had been indicted for manslaughter, and Brazil--its president facing impeachment, its provinces combating an epidemic, and its business and political class torn apart by scandal--had become a cautionary tale of a country run aground by its elites. Over four years, Cuadros reported on media moguls and televangelists, energy barons and shadowy figures from the years of military dictatorship, soy barons who lived on the outskirts of the Amazon, and new-economy billionaires spinning money from speculation. His zealous reporting takes us from penthouses to courtrooms, from favelas to art fairs, from scenes of unimaginable wealth to desperate, massive street protests. Within a business narrative that deftly dramatizes the volatility of the global economy, Cuadros offers us literary journalism with a grand sweep.--Adapted from dust jacket.

Plutocrats

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Publisher : Penguin
ISBN 13 : 1101595949
Total Pages : 352 pages
Book Rating : 4.1/5 (15 download)

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Book Synopsis Plutocrats by : Chrystia Freeland

Download or read book Plutocrats written by Chrystia Freeland and published by Penguin. This book was released on 2012-10-11 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Financial Times Best Book of the Year Shortlisted for the Lionel Gelber Prize There has always been some gap between rich and poor in this country, but recently what it means to be rich has changed dramatically. Forget the 1 percent—Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at breakneck speed. Most of these new fortunes are not inherited, amassed instead by perceptive businesspeople who see themselves as deserving victors in a cutthroat international competition. With empathy and intelligence, Plutocrats reveals the consequences of concentrating the world’s wealth into fewer and fewer hands. Propelled by fascinating original interviews with the plutocrats themselves, Plutocrats is a tour de force of social and economic history, the definitive examination of inequality in our time.

No Fear of Failure

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Publisher : John Wiley & Sons
ISBN 13 : 1118000781
Total Pages : 212 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis No Fear of Failure by : Gary Burnison

Download or read book No Fear of Failure written by Gary Burnison and published by John Wiley & Sons. This book was released on 2011-05-03 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Candid conversations with top leaders around the world on how they approached pitvotal moments in their careers No Fear of Failure offers insightful, candid conversations with some of the world's top leaders in business, politics, education, and philanthropy—each giving a first-person account of how they approached crucial, career defining moments. Gary Burnison, CEO of Korn/Ferry International, the world's largest executive recruiting firm, sits down one-on-one with a highly select and elite corps, and together they openly discuss how they handled (often very publicly) war, economic downturn, corporate turnover, and even retirement. Together these world-class leaders show the risks one must be willing to take, as well as the vision, resilience, and compassion necessary to lead. Includes original interviews with Michael Bloomberg, Carlos Slim, Eli Broad, Indra Nooyi, Drew Gilpin Faust, Anne Mulcahy, Vincente Fox, Lt. General Franklin L. "Buster" Hagenbeck, Coach John McKissick, Liu Chuanzhi, Daniel Vasella, and Olli-Pekka Kallasvuo Explores the common traits great leaders exhibit: vision, compassion, resilience, competitiveness, purpose, humility, team-building skills, entrepreneurial spirit, perseverance, self-awareness, empowerment, and being a catalyst Taking readers into executive suites, government offices, battlefields, and football fields, No Fear of Failure shows how great leaders make lasting impact. #7 New York Times Best Seller (Advice, How-To and Miscellaneous) #13 New York Times Best Seller (Hardcover Business) #5 Wall Street Journal Best Seller (Hardcover Business) #3 USA Today Best Seller (Money) #17 Publishers Weekly Best Seller (Hardcover Nonfiction)

Destiny and Desire

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Publisher : Random House
ISBN 13 : 0679604456
Total Pages : 433 pages
Book Rating : 4.6/5 (796 download)

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Book Synopsis Destiny and Desire by : Carlos Fuentes

Download or read book Destiny and Desire written by Carlos Fuentes and published by Random House. This book was released on 2011-01-04 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Cervantes Prize Carlos Fuentes, one of the world’s most acclaimed authors, is at the height of his powers in this stunning new novel—a magnificent epic of passion, magic, and desire in modern Mexico, a rich and remarkable tapestry set in a world where free will fights with the wishes of the gods. Josué Nadal has lost more than his innocence: He has been robbed of his life—and his posthumous narration sets the tone for a brilliantly written novel that blends mysticism and realism. Josué tells of his fateful meeting as a skinny, awkward teen with Jericó, the vigorous boy who will become his twin, his best friend, and his shadow. Both orphans, the two young men intend to spend their lives in intellectual pursuit—until they enter an adult landscape of sex, crime, and ambition that will test their pledge and alter their lives forever. Idealistic Josué goes to work for a high-tech visionary whose stunning assistant will introduce him to a life of desire; cynical Jericó is enlisted by the Mexican president in a scheme to sell happiness to the impoverished masses. On his journey into a web of illegality in which he will be estranged from Jericó, Josué is aided and impeded by a cast of unforgettable characters: a mad, imprisoned murderer with a warning of revenge, an elegant aviatrix and addict seeking to be saved, a prostitute shared by both men who may have murdered her way into a brilliant marriage, and the prophet Ezekiel himself. Mixing ancient mythologies with the sensuousness and avarice and need of the twenty-first century, Destiny and Desire is a monumental achievement from one of the masters of contemporary literature.

The One World Schoolhouse

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Publisher : Twelve
ISBN 13 : 145550839X
Total Pages : 155 pages
Book Rating : 4.4/5 (555 download)

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Book Synopsis The One World Schoolhouse by : Salman Khan

Download or read book The One World Schoolhouse written by Salman Khan and published by Twelve. This book was released on 2012-10-02 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: A free, world-class education for anyone, anywhere: this is the goal of the Khan Academy, a passion project that grew from an ex-engineer and hedge funder's online tutoring sessions with his niece, who was struggling with algebra, into a worldwide phenomenon. Today millions of students, parents, and teachers use the Khan Academy's free videos and software, which have expanded to encompass nearly every conceivable subject; and Academy techniques are being employed with exciting results in a growing number of classrooms around the globe. Like many innovators, Khan rethinks existing assumptions and imagines what education could be if freed from them. And his core idea-liberating teachers from lecturing and state-mandated calendars and opening up class time for truly human interaction-has become his life's passion. Schools seek his advice about connecting to students in a digital age, and people of all ages and backgrounds flock to the site to utilize this fresh approach to learning. In The One World Schoolhouse, Khan presents his radical vision for the future of education, as well as his own remarkable story, for the first time. In these pages, you will discover, among other things: How both students and teachers are being bound by a broken top-down model invented in Prussia two centuries ago Why technology will make classrooms more human and teachers more important How and why we can afford to pay educators the same as other professionals/DIV How we can bring creativity and true human interactivity back to learning/DIV Why we should be very optimistic about the future of learning. Parents and politicians routinely bemoan the state of our education system. Statistics suggest we've fallen behind the rest of the world in literacy, math, and sciences. With a shrewd reading of history, Khan explains how this crisis presented itself, and why a return to "mastery learning," abandoned in the twentieth century and ingeniously revived by tools like the Khan Academy, could offer the best opportunity to level the playing field, and to give all of our children a world-class education now. More than just a solution, The One World Schoolhouse serves as a call for free, universal, global education, and an explanation of how Khan's simple yet revolutionary thinking can help achieve this inspiring goal.

The Fallen

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Publisher : Graywolf Press
ISBN 13 : 1644451239
Total Pages : 160 pages
Book Rating : 4.6/5 (444 download)

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Book Synopsis The Fallen by : Carlos Manuel Álvarez

Download or read book The Fallen written by Carlos Manuel Álvarez and published by Graywolf Press. This book was released on 2020-06-02 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: A vibrant and meticulously constructed debut novel about familial and cultural breakdown A powerful, unsettling portrait of family life in Cuba, Carlos Manuel Álvarez’s first novel is a masterful portrayal of a society in free fall. Diego, the son, is disillusioned and bitter about the limited freedoms his country offers him as he endures compulsory military service. Mariana, the mother, is unwell, prone to mysterious seizures, and forced to relinquish control over the household to her daughter, Maria, who has left school and is working as a chambermaid in a state-owned tourist hotel. The father, Armando, is a committed revolutionary, a die-hard Fidelista who is sickened by the corruption he perceives all around him. As each member of the family narrates seemingly quotidian and overlapping events, they grow increasingly at odds for reasons that remain elusive to them—each of them holding and concealing their own secrets. In meticulously charting the disintegration of a single family, The Fallen offers a poignant reflection on contemporary Cuba and the clash of the ardent idealism of the old guard with the jaded pragmatism of the young. This is a startling and incisive debut by a radiant new voice in Latin American literature.

How to Sweet-Talk a Shark

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Publisher : Rodale Books
ISBN 13 : 1623360587
Total Pages : 258 pages
Book Rating : 4.6/5 (233 download)

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Book Synopsis How to Sweet-Talk a Shark by : Bill Richardson

Download or read book How to Sweet-Talk a Shark written by Bill Richardson and published by Rodale Books. This book was released on 2013-10-15 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sharks are not evil. But they're single-minded and very, very hungry. On land, they take the form of bosses, businesspeople, colleagues, family, and sociopathic neighbors. In the world of former governor of New Mexico and US ambassador to the United Nations Bill Richardson, they have taken the form of the most powerful people in the world. He's engaged in high-stakes, face-to-face negotiations with Castro, Saddam, the Taliban, two generations of North Korean leadership, and many more of the world's most infamous dictators—and done it so well he was known as the "Undersecretary of Thugs" while with the Clinton administration. Now the 5-time Nobel Peace Prize nominee tells these stories—from Washington, DC, to the Middle East to Pyongyang—in all their intense and sometimes absurd glory. How to Sweet-Talk a Shark is a rare, candid, and entertaining glimpse into an insider's world of high-stakes negotiation—showing Richardson's successes and failures in some of the world's least friendly places. Meanwhile, readers get frank lessons in the art of negotiation: how to prepare, how to size up your opponent, how to understand the nature of power in a standoff, how to give up only what is necessary while getting what you want, and many other strategies Richardson has mastered through at-the-table experience—and from working with other master negotiators like Presidents Obama and Clinton, and Nelson Mandela. These are takeaways that anyone can use to negotiate with the power brokers, dealmakers, and, yes, the hungry sharks in their own lives.

The City of Mist

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Publisher : HarperCollins
ISBN 13 : 0063118106
Total Pages : 176 pages
Book Rating : 4.0/5 (631 download)

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Book Synopsis The City of Mist by : Carlos Ruiz Zafon

Download or read book The City of Mist written by Carlos Ruiz Zafon and published by HarperCollins. This book was released on 2021-11-23 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Ruiz Zafón’s visionary storytelling prowess is a genre unto itself.”—USA Today Return to the mythical Barcelona library known as the Cemetery of Forgotten Books in this posthumous collection of stories from the New York Times bestselling author of The Shadow of the Wind and The Labyrinth of the Spirits. Bestselling author Carlos Ruiz Zafón conceived of this collection of stories as an appreciation to the countless readers who joined him on the extraordinary journey that began with The Shadow of the Wind. Comprising eleven stories, most of them never before published in English, The City of Mist offers the reader compelling characters, unique situations, and a gothic atmosphere reminiscent of his beloved Cemetery of Forgotten Books quartet. The stories are mysterious, imbued with a sense of menace, and told with the warmth, wit, and humor of Zafón's inimitable voice. A boy decides to become a writer when he discovers that his creative gifts capture the attentions of an aloof young beauty who has stolen his heart. A labyrinth maker flees Constantinople to a plague-ridden Barcelona, with plans for building a library impervious to the destruction of time. A strange gentleman tempts Cervantes to write a book like no other, each page of which could prolong the life of the woman he loves. And a brilliant Catalan architect named Antoni Gaudí reluctantly agrees to cross the ocean to New York, a voyage that will determine the fate of an unfinished masterpiece. Imaginative and beguiling, these and other stories in The City of Mist summon up the mesmerizing magic of their brilliant creator and invite us to come dream along with him.

Capitalism In The 21st Century: Why Global Capitalism Is Broken And How It Can Be Fixed

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Author :
Publisher : World Scientific
ISBN 13 : 9813274530
Total Pages : 361 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Capitalism In The 21st Century: Why Global Capitalism Is Broken And How It Can Be Fixed by : Donghyun Park

Download or read book Capitalism In The 21st Century: Why Global Capitalism Is Broken And How It Can Be Fixed written by Donghyun Park and published by World Scientific. This book was released on 2019-02-25 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Dr Donghyun Park is a prominent and rare economist in Asia who can combine frontline economic theories, lively data, and real-time policy analyses. Capitalism in the 21st Century is a masterful book by Dr Park, providing a comprehensive understanding of heterogenous trajectories of economies around the globe and more fundamental mechanisms of the modern capitalistic system. This is a 'must-read' for those who are interested in comparative economic systems, global economy, and international development.'Yasuyuki SawadaChief Economist, Asian Development BankProfessor of Economics, University of Tokyo'Donghyun Park makes clear that capitalism gets a bad rap, in large part because of too much emphasis on capital as in financial engineering, and too much emphasis on capitals as in government protectionism. Park argues a compelling case that genuine capitalism, which is about entrepreneurship, is necessary to solve the big problems most people face around the globe.'Adam S PosenPresident, Peterson Institute of International EconomicsGlobal capitalism is currently suffering from an unmistakable malaise, epitomized by wide and growing inequality that is eroding popular support for capitalism. Such anti-capitalist sentiment, coupled with a growing anti-globalization mood, delivered Brexit in a UK referendum and swept Donald Trump to the US presidency. In Capitalism in the 21st Century, internationally well-regarded economist Dr Donghyun Park articulately explains why more capitalism is needed to tackle global problems such as climate change and inhumane poverty. While defending capitalism against its unfair demonization, the author makes a positive case for entrepreneurial capitalism, which creates wealth and jobs as well as drives human progress. According to the author, reforming the financial industry, which has become a self-serving leviathan, and more fundamentally, tweaking the economic role of the government, which stifles growth-promoting entrepreneurship, are critical to restoring the vitality of capitalism. The book is explicitly written in such a way that the general reader without any background in economics or finance can easily understand it.Related Link(s)

The Public Wealth of Nations

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Author :
Publisher : Springer
ISBN 13 : 113751986X
Total Pages : 232 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis The Public Wealth of Nations by : Dag Detter

Download or read book The Public Wealth of Nations written by Dag Detter and published by Springer. This book was released on 2016-02-05 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets. Don’t worry about who owns those assets, worry about whether they are managed effectively. Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than the world’s total pensions savings, and ten times the total of all the sovereign wealth funds on the planet – is still comprised of commercial assets that are held in public ownership. If professionally managed, they could generate an annual yield of 2.7 trillion dollars, more than current global spending on infrastructure: transport, power, water, and communications. Based on both economic research and hands-on experience from many countries, the authors argue that publicly owned commercial assets need to be taken out of the direct and distorting control of politicians and placed under professional management in a ‘National Wealth Fund’ or its local government equivalent. Such a move would trigger much-needed structural reforms in national economies, thus resurrect strained government finances, bolster ailing economic growth, and improve the fabric of democratic institutions. This radical, reforming book was named one of the "Books of the Year".by both the FT and The Economist.