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  The Economics of Innocent Fraud (Paperback) By (author) John Kenneth Galbraith

  

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  Short Description for The Economics of Innocent FraudStates that the private sector and the public realm are becoming increasingly intertwined. This title shows how politics and the media have colluded in the myth of a benign market system, accepting obscene pay gaps and unrestrained self-enrichment - ultimately meaning that we have come to condone legal, legitimate, 'innocent' fraud.
  Full description

  • Publisher: Penguin Books Ltd
  • Published: 01 September 2010
  • Format: Paperback 80 pages
  • See: Full bibliographic data
  • Categories: Crime & Criminology | Corporate Crime | Economics | Economic Theory & Philosophy
  • ISBN 13: 9780141045139 ISBN 10: 0141045132
  • Sales rank: 109,413

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Full description for The Economics of Innocent Fraud

• Sounding the alarm on the gap between 'conventional wisdom' - a phrase he coined - and reality, Galbraith warns that the private sector and the public realm are becoming increasingly intertwined. He shows how politics and the media have colluded in the myth of a benign market system, accepting obscene pay gaps and unrestrained self-enrichment - ultimately meaning that we have come to condone legal, legitimate, 'innocent' fraud. First published in 2004, this extraordinarily prescient analysis of capitalism now has even greater power and relevance for our times.