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Capitalist Punishment: How Wall Street Is Using Your Money to Create a Country You Didn''t Vote For

English

By (author): Vivek Ramaswamy

A Wall Street cartel has quietly seized control of the American economy, and they are forcing governments and businesses to bow down to their political agendausing your money to do it.

Three Wall Street firms have quietly amassed more money than Jeff Bezos, Elon Musk, Andrew Carnegie, and John Rockefeller combined. But the money isnt even theirs. These asset managers have accumulated all their power through passive funds, as most investors no longer believe anyone can reliably pick stocks. Yet the Big Three have decided that they can reliably pick the right social policies instead.

As entrepreneur Vivek Ramaswamy reveals, the results are all badand working their way into every corner of the economy. They force US 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 allow companies like FTX to take victory laps on good management while collapsing like a house of cards. They charge high fees to mom-and-pop investors for so-called sustainable funds that are effectively identical to lower-fee index funds.

Worst of all, theyre celebrated as heroesat 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 isnt just a threat to capitalism. Its a threat to democratic self-governance itself. Capitalist Punishment is an easy-to-follow educational tour de force for every participant in financial marketswhich, to the surprise of most Americans, includes nearly every single one of them.

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Product Details
  • Weight: 370g
  • Dimensions: 152 x 229mm
  • Publication Date: 25 May 2023
  • Publisher: HarperCollins Publishers Inc
  • Publication City/Country: United States
  • Language: English
  • ISBN13: 9780063337756

About Vivek Ramaswamy

In 2022 Vivek Ramaswamy co-founded Strive Asset Management whose mission is to refocus companies on excellence over politics and restore the voices of everyday citizens in capital markets. A first-generation American who grew up in Ohio he graduated summa cum laude from Harvard College in 2007. Mr. Ramaswamy attended Yale Law School while serving as a hedge fund manager and received his JD in 2013. He is the New York Times bestselling author of Woke Inc. and Nation of Victims and an entrepreneur who has founded multiple successful enterprises. Roivant Sciences a biopharmaceutical company he founded and helmed as CEO for seven years has conducted successful clinical trials that led to FDA-approved products in multiple disease areas.

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