Our Lives in Their Portfolios is popular PDF and ePub book, written by Brett Chistophers in 2023-04-25, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Our Lives in Their Portfolios can be Read Online from any device for your convenience.
Our Lives in Their Portfolios Book PDF Summary
All hail the new masters of Capitalism: How asset managers acquired the world Banks have taken a backseat since the global financial crisis over a decade ago. Today, our new financial masters are asset managers, like Blackstone and BlackRock. And they don’t just own financial assets. The roads we drive on; the pipes that supply our drinking water; the farmland that provides our food; energy systems for electricity and heat; hospitals, schools, and even the homes in which many of us live—all now swell asset managers’ bulging investment portfolios. As the owners of more and more of the basic building blocks of everyday life, asset managers shape the lives of each and every one of us in profound and disturbing ways. In this eye-opening follow-up to Rentier Capitalism, Brett Christophers peels back the veil on “asset manager society.” Asset managers, he shows, are unlike traditional owners of housing and other essential infrastructure. Buying and selling these life-supporting assets at a dizzying pace, the crux of their business model is not long-term investment and careful custodianship but making quick profits for themselves and the investors that back them. In asset manager society, the natural and built environments that sustain us become one more vehicle for siphoning money from the many to the few.
Detail Book of Our Lives in Their Portfolios PDF
- Author : Brett Chistophers
- Release : 25 April 2023
- Publisher : Verso Books
- ISBN : 9781839768989
- Genre : Political Science
- Total Page : 321 pages
- Language : English
- PDF File Size : 11,7 Mb
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