On Point - 19 - Rana Faroohar: The Rise of Finance and the Fall of American Business

Rana Faroohar, a business columnist at Time magazine and CNN’s global economic analyst, joins us to discuss her book, “Makers and Takers: The Rise of Finance and the Fall of American Business.”

Relabelling finance as the real “takers.” Getting away from narrow technocratic discussion and dealing with the reality of our structural financial issues. These issues and the tv show, “Billions.” The hedge fund manager as “hero.” “Finance,” as distinct from American business. How overfinancialization exacerbates income inequality. How financial jargon has spread throughout business and culture.