Book cover of Managed by the Markets: How Finance Re-Shaped America

Book description

The current economic crisis reveals just how central finance has become to American life. Problems with obscure securities created on Wall Street radiated outward to threaten the retirement security of pensioners in Florida and Arizona, the homes and college savings of families in Detroit and Southern California, and ultimately the…

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Why read it?

1 author picked Managed by the Markets as one of their favorite books. Why do they recommend it?

What was arguably the most important factor in driving the different views that business leaders had after 1981 about how they should run their companies? The best answer comes from the dramatically greater role that investors started to play.

Their interests were always different from those of the CEOs and business leaders. The notion that businesses were accountable to ā€œstakeholdersā€ā€“community, employees, customers, and investors–shifted sharply to the view that there was only one stakeholder: investors.

Why and how this happened is one of the most important stories of the 20th Century and beyond.Ā 

If you love Managed by the Markets...

Book cover of December on 5C4

December on 5C4 by Adam Strassberg,

Magical realism meets the magic of Christmas in this mix of Jewish, New Testament, and Santa stories–all reenacted in an urban psychiatric hospital!

On locked ward 5C4, Josh, a patient with many similarities to Jesus, is hospitalized concurrently with Nick, a patient with many similarities to Santa. The two argue…

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Sexy Selfie Nation by Leora Tanenbaum,

The problem is not with the actions young women take but with the toxic, sexist conditions they are responding to.

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In This Together by Marianne E. Krasny,

In This Together explores how we can harness our social networks to make a real impact fighting the climate crisis. Against notions of the lone environmental crusader, Marianne E. Krasny shows us the power of "network climate action"—the idea that our own ordinary acts can influence and inspire those close…

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