Capitalist Punishment

Name: Capitalist Punishment
Brand: Harpercollins India
SKU: 9780063348332
Price: 358.0 INR
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by Ramaswamy , Vivek

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ISBN13: 9780063348332
Binding: Paperback
Subject: N/A
Publisher: HarperCollins India
Publisher Imprint: Harpercollins India
Publication Date: March 14, 2023
Pages: 240
Original Price: INR 550.0
Language: N/A
Edition: N/A
Item Weight: 294 grams
BISAC Subject(s): General

About The Book

In this timely book, Ramaswamy exposes how three Wall Street firms have quietly amassed more money than Jeff Bezos, Elon Musk, and John Rockefeller combined, and how these firms are wielding this enormous financial power across corporate America.These firms and their allies use the retirement funds of everyday Americans to vote for environmental and social agendas that most Americans reject. They package their agendas into cute 3-letter acronyms like “ESG,” but don’t fall for the trick: they’re using your money to exercise raw political power without the backstop of democratic accountability.

Worst of all, it’s a farce that betrays both liberals and conservatives. They force U.S. companies to adopt “racial equity audits” and “emissions caps” while supporting human rights atrocities in China. They coerce Western companies to produce less oil while shifting production to dirtier places like Russia. They charge exorbitant fees to mom-and-pop investors for so-called “sustainable” funds that are effectively identical to lower-fee index funds.

Usually when fraudsters use customer funds to advance their own goals, or when cartels coordinate to raise prices that harm consumers, they get prosecuted. But when elite financial institutions do the same thing, they’re celebrated as ESG heroes—at least so far. Capitalist Punishment lifts the veil on the largest fiduciary breaches, antitrust abuses, and First Amendment violations of the twenty-first century, misdeeds that are hiding in plain sight.

This isn’t just a threat to capitalism. It's a threat to democratic self-governance itself. Capitalist Punishment is an easy-to-follow educational tour de force for every participant in financial markets—which, to the surprise of most Americans, includes nearly every single one of them.

About The Author

A first-generation American, Vivek Ramaswamy is an entrepreneur and the New York Times bestselling author of Woke Inc. and Nation of Victims. He graduated summa cum laude from Harvard and began his career as a biotech investor before founding Roivant Sciences in 2014. His most recent venture, Strive Asset Management, launched in 2022, is focused on restoring the voices of everyday citizens in the American economy by leading companies to focus on excellence over politics. He has authored numerous articles and op-eds which have appeared in the Wall Street Journal, the New York Times, and Harvard Business Review and regularly appears on national television networks.

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