SKU: 13112363404

The Problem of Twelve

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Description

The Problem of TwelveCondition: BRAND NEW ISBN: 9798987053546 Format: Trade paperback (US) Year: 2024 Publisher: Columbia Global Reports Description: The forces behind an economic and political crisis in the making. 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. The Big Four index funds of Vanguard, State Street, Fidelity, and BlackRock control more than twenty

Condition: BRAND NEW
ISBN: 9798987053546
Format: Trade paperback (US)
Year: 2024
Publisher: Columbia Global Reports


Description:


The forces behind an economic and political crisis in the making.

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.

The Big Four index funds of Vanguard, State Street, Fidelity, and BlackRock control more than twenty percent of the votes of S&P 500 companies — a concentration of power that’s unprecedented in America. Then there’s the rise of private equity funds such as the Big Four of Apollo, Blackstone, Carlyle and KKR, which has amassed $2.7 trillion of assets, and are eroding the legitimacy and accountability of American capitalism, not by controlling public companies, but by taking them over entirely, and removing them from public discourse and public scrutiny.

This quiet accumulation in the last few decades represents a dramatic transformation in how the American economy operates — a sea change that few of us have noticed and all of us need to consider. Harvard law professor John Coates forcefully calls our attention to what is sure to be one of the major political and economic issues of our time.

'A fascinating insight into a paradox at the heart of liberal democracies.' — Financial Times


'A powerful argument for thoroughly revising how the chief players in the financial world are regulated.' — Kirkus Reviews
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SKU: 13112363404

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David S.
Houston, US
★★★★★ 5
This Solenoid is an adequate OEM replacement, at an incredible, low price.
Size: PP67-712 V1
This solenoid replaced a bad 350 Chev. Mercruiser starter Solenoid. It works perfectly with only a minor, simple modification of the mounting bracket . (Hole centers were slightly off needing only 1 new hole drilled on the engine bracket only. A very easy mod.) The Solenoid body itself is an exact match for the OEM and works flawlessly at a price that is literally 10 times less than what the Manufacturer charges.
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Reviewed in the United States on July 12, 2024
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Shelley Weddington
Grantham, US
★★★★★ 5
works perfect
Size: PP67-712 V1
Fixed my problem and good quality.
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Reviewed in the United States on September 11, 2025
M
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Mary B.
New York, US
★★★★★ 5
Quality
Size: PP67-712 V1
Good as original quality. Heavy not lite like others
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Reviewed in the United States on March 6, 2026
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Nicole Davidson
Lexington, US
★★★★★ 5
Great for 50hp Mercury
Size: PP67-712 V1
This is the right fit and has been working great on our pontoon.
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Reviewed in the United States on January 11, 2025
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Missy
Los Angeles, US
★★★★★ 4
good item
Size: PP67-712 V1
arrived on time , haven't installed as of yet, will add comments once installed but looks like it is what I need and was as described .
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Reviewed in the United States on June 21, 2019

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