Foreign Investments, Professional Finance & Investing, Economic Systems, Securities, Financial Industries

Cowardly Capitalism

Name: Cowardly Capitalism
Author: Daniel Ben-Ami
ISBN: 9780471899631

by Daniel Ben-Ami

Write a review

Overview

Cowardly Capitalism calls into question the notion that the global financial markets are out of control. In this controversial book, Daniel Ben-Ami rejects the orthodox view put forward by proponents of "Casino Capitalism" that reckless risk taking by global finance threatens to destabilise the world economy.

Instead Cowardly Capitalism argues that an intense mood of risk aversion has reshaped both the financial markets and how they are perceived. This fear of risk taking represents a real threat to humanity rather than the lack of sufficient regulation which is normally seen as the problem.

About the Author, Daniel Ben-Ami

DANIEL BEN-AMI has worked as a financial journalist in London for 15 years. He has written for several national publications in the UK - including the Financial Times, Guardian, Independent, Sunday Times and Prospect magazine - and numerous specialist journals. In addition he has written on the Middle East for the Economist Intelligence Unit and contributed to Cultural Difference, Media Memories (Cassell 1997) on media images of Japan. He was the editor of Investment Adviser, a specialist weekly newspaper on mutual funds from the Financial Times group, for four years. He is now a senior editor for Morningstar in London. His website can be found at www.cowardlycapitalism.com.

Reviews

There are no reviews yet. Log in to write one.

Editorials

Booknews

It is not reckless risk taking by global finance and the lack of regulation that threatens to destabilize the world economy, argues London-based financial journalist Ben-Ami, but rather the fear of risk taking. His topics include rogues in red suspenders, neurotic finance, and killing the patient. Annotation c. Book News, Inc., Portland, OR (booknews.com)