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Rana Foroohar wonders: What are companies actually for?

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Manage episode 261219025 series 2668007
Content provided by Pushkin Industries. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pushkin Industries or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Financial Times columnist, CNN analyst and author Rana Foroohar has a question for you. Since only 15% of the money that is flowing out of the largest financial institutions is making it into the real economy... where's the other 85% going? In this episode, Bethany and Rana discuss the problem of "financialization" which essentially means that trading had become an end in and of itself, rather than a facilitation of business. Finance was supposed to be an intermediary, an enabler of business; it's not supposed to be the end game. This of course resulted in the 2008 financial crisis, but since then, well, what has happened? Big banks have gotten even bigger. And our society is growing restive...

Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

See omnystudio.com/listener for privacy information.

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31 episodes

Artwork
iconShare
 
Manage episode 261219025 series 2668007
Content provided by Pushkin Industries. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pushkin Industries or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Financial Times columnist, CNN analyst and author Rana Foroohar has a question for you. Since only 15% of the money that is flowing out of the largest financial institutions is making it into the real economy... where's the other 85% going? In this episode, Bethany and Rana discuss the problem of "financialization" which essentially means that trading had become an end in and of itself, rather than a facilitation of business. Finance was supposed to be an intermediary, an enabler of business; it's not supposed to be the end game. This of course resulted in the 2008 financial crisis, but since then, well, what has happened? Big banks have gotten even bigger. And our society is growing restive...

Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

See omnystudio.com/listener for privacy information.

  continue reading

31 episodes

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