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Finance and the Good Society by Robert J. Shiller

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Epilogue: Finance, Power, and Human Values

There is one more aspect of financial capitalism, not fully dealt with in this book so far, that bothers many people deeply. And that is the economic power that some in the financial community attain. Their power in itself rankles. It offends our sense of participation in a society that aspires to respect, appreciate, and support everyone. The pursuit of power that so often seems to drive financial capitalism seems contrary to the concept, promoted in this book, that finance is all about the stewardship of society’s assets.

If one searches the bookseller Amazon.com today for the phrase “wealth and power,” one finds that almost eighty-five thousand books come up.1 People may be reading these books to ...

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