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"Without equality there can be no democracy." Eleanor Roosevelt, 1944 Bill Gates famously said at the World Economic Forum in 2008: We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well. This book is an attempt to make financial markets a critical element of this news and capitalism. On November 24, 2020, in the midst of the second phase of COVID lockdown, the Dow Jones Industrial Average surpassed 30,000 points for the first time ever--to the delight of Wall Street. It was an increase of more than 100% from the beginning of the pandemic. It would peak at 37,500 a year later. This historic increase was not only the result of economic or financial performance but also from a dollar injection of more than $ 10 trillion of liquidity by governments and central banks that would fuel a surge of inflation in 2022. While it was intended to avoid an economic collapse around the world, liquidity sought refu

Wall Street''s Assault on Democracy: How Financial Markets Exacerbate Inequalities

Ugeux, Georges(1)

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