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  • Format: ePub

In "Other People's Money, and How the Bankers Use It," Louis Dembitz Brandeis delivers a critical examination of the American banking system and the pervasive influence of financial institutions on the economy. Written in the early 20th century, this work employs a clear and persuasive prose style, reflective of Brandeis's legal background and commitment to social justice. The book is a profound analysis of the moral and economic implications of unchecked banking practices, outlining how the concentration of power within banks erodes public welfare and undermines democracy. With…mehr

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Produktbeschreibung
In "Other People's Money, and How the Bankers Use It," Louis Dembitz Brandeis delivers a critical examination of the American banking system and the pervasive influence of financial institutions on the economy. Written in the early 20th century, this work employs a clear and persuasive prose style, reflective of Brandeis's legal background and commitment to social justice. The book is a profound analysis of the moral and economic implications of unchecked banking practices, outlining how the concentration of power within banks erodes public welfare and undermines democracy. With well-researched case studies and incisive arguments, Brandeis's insights remain relevant in today's financial climate, providing a keen critique of capitalism's excesses. Brandeis, often referred to as the "people's lawyer," was a prominent figure in American jurisprudence and a fervent advocate for consumer rights and social reform. His experiences, including his participation in landmark legal cases and his advocacy against monopolistic practices, deeply informed his views on banking and corporate power. As a trailblazer for the progressive movement, Brandeis sought to illuminate the dangers posed by the financial elite, aiming to empower the common citizen against exploitation. "Other People's Money" is a must-read for anyone interested in economics, finance, or social justice. Brandeis's articulate deconstruction of banking practices not only challenges the status quo but also encourages readers to think critically about their role in financial systems. This book speaks to contemporary issues, making it a vital resource for understanding the intersection of finance and democracy.

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Autorenporträt
Louis Dembitz Brandeis (1856-1941) was an eminent American lawyer and associate justice on the US Supreme Court from 1916 to 1939, remembered for his dedication to public welfare and the development of the doctrine of the right to privacy. Born in Louisville, Kentucky, Brandeis graduated from Harvard Law School at the age of 20, with the highest grade average in the school's history at that time. His advocacy for progressive social policies and his stance against monopolies, large corporations, and mass consumerism distinguished him throughout his career. His book 'Other People's Money, and How the Bankers Use It' (1914) is a seminal work in the field of financial reform, critiquing the power and operations of big banks and advocating for the proper management of financial resources in the people's interest. Brandeis's impassioned and articulate prose elucidates his deep concern for economic equity and accountability, principles he carried into his tenure on the bench. His legal opinions and literary contributions elaborated a consistent philosophy of judicial restraint and respect for individual liberties. Brandeis's literary style is characterized by its clear, forceful argumentation, and by the directness with which he addressed the issues of his day, many of which, including concerns over concentrated economic power, remain relevant in the twenty-first century.