This book is a major myth buster. American culture is so wrapped up in corporate free market mythology that people like Marjorie Kelly are voices in the wilderness. But what a voice!



She is razor sharp in her disection of those things we all think we know about economics. For example, we have all been convinced that the profit of shareholders makes our world go round. In truth shareholders are basically parasites on the economic system. Only the intial sale of common stock actually benefits a corporation. The trading of millions of shares that happens each day is about speculation not the creation of real wealth. When you buy a used Ford Escort your purchase does not benefit Ford Motor Company. Likewise when you buy a share of Ford stock your purchase does not benefit Ford Motor Company. It is so simple, yet so unknown as to be mind blowing.



And that is just one of things you will learn in this book.