Index Funds and Private Equity: How Corporate Power Shapes Markets and Democracy

1 rich Libsyn https://www.libsyn.com 90 600 Index Funds and Private Equity: How Corporate Power Shapes Markets and Democracy John Coates is the John F. Cogan, Jr. Professor of Law and Economics at Harvard Law School and author of&nbsp;“The Problem of Twelve: When a Few Financial Institutions Control Everything.” According to John, a problem of twelve arises when a small number of institutions acquire the means to exert outsized influence over the politics and economy of a nation. In this episode, John discusses insights from his book and how the concentration of corporate power in the hands of a small group of institutional investors, specifically index funds and private equity funds, undermines our democracy. Lee’s X: @leereiners Lee’s Website: www.leereiners.com Related Links: The Problem of Twelve: When a Few Financial Institutions Control Everything: https://www.amazon.com/Problem-Twelve-Financial-Institutions-Everything/dp/B0BW67PX7B The FinReg Pod http://thefinregpod.libsyn.com/website <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/32589822/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/32589822