The New York Times bestselling author of Woke Inc .--an entrepreneur, rising cultural critic, and Fox News guest--explains how a new trend to contain the excesses of greed-is-good capitalism is being used to rob American citizens of their Money and their vote.
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..
It\'s a threat to democratic self-governance itself.
This isn\'t just a threat to capitalism.
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.
But when elite financial institutions do the same thing, they\'re celebrated as ESG heroes--at least so far.
Usually when fraudsters use customer funds to advance their own goals, or when cartels coordinate to raise prices that harm consumers, they get prosecuted.
They charge exorbitant fees to mom-and-pop investors for so-called sustainable funds that are effectively identical to lower-fee index funds.
They coerce Western companies to produce less oil while shifting production to dirtier places like Russia. companies to adopt racial equity audits and emissions caps while supporting human rights atrocities in China.
They force U.
S.
Worst of all, it\'s a farce that betrays both liberals and conservatives.
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.
These firms and their allies use the retirement funds of everyday Americans to Vote for environmental and social agendas that most Americans reject.
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.
The New York Times bestselling author of Woke Inc .--an entrepreneur, rising cultural critic, and Fox News guest--explains how a new trend to contain the excesses of greed-is-good capitalism is being used to rob American citizens of their Money and their vote
