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Description 

Saving Capitalism from the Capitalists by Raghuram Rajan explores the complexities and challenges of capitalism, particularly in the context of emerging markets. In this insightful book, Rajan argues that capitalism has been hijacked by powerful elites and corporate interests that distort markets for their own benefit, ultimately undermining competition and economic growth. He presents a compelling case for reforming capitalism to make it more inclusive and fair, emphasizing the importance of strong institutions, competitive markets, and sound economic policies. Rajan draws on examples from both developed and developing economies to illustrate how capitalism can be reshaped to benefit society at large, rather than just the wealthy few.

About the Author

Raghuram Rajan is an Indian economist, academic, and former Governor of the Reserve Bank of India (RBI). He is widely recognized for his expertise in macroeconomics, financial systems, and development economics. Rajan gained global prominence for his warnings about the 2008 financial crisis, which he had predicted in a 2005 paper. He has held significant positions, including Chief Economist at the International Monetary Fund (IMF) and professor at the University of Chicago Booth School of Business. Rajan has written several influential books, including Fault Lines and I Do What I Do, and is known for his advocacy of economic reforms, financial stability, and reducing inequality. His insights continue to shape discussions on global economic policy.