A capitalism for the people

When the Italian-born economist Luigi Zingales first came to the United States to study economics in the 1980s, he embraced the American Dream: the belief that what brings you success is hard work, not luck or who you know. But the economic events of the past decade, combined with the actions of pol [...]
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When the Italian-born economist Luigi Zingales first came to the United States to study economics in the 1980s, he embraced the American Dream: the belief that what brings you success is hard work, not luck or who you know. But the economic events of the past decade, combined with the actions of politicians from both major political parties, have undermined capitalism's reputation. Everyone has come to the same conclusion: American capitalism is in crisis. Now, living in America's heartland, Zingales warns in A Capitalism for the People that the U.S. economy risks deteriorating into a pro-business rather than pro-market system run by corrupt politicians who are more concerned with lining the pockets of the connected elite than with improving opportunity for the people. Zingales combines his pro-market perspective, professional expertise in corporate governance, and transatlantic vantage point to craft a blueprint for recovery. His real-world recommendations for restoring true competition to our economic system give hope that the U.S. can not only avoid the fate of Italy and Greece but rebound to greatness, transmitting the proven advantages of American-style capitalism to ordinary people at home, and around the world.