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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4.1 ★★★★★
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MaddDembinski
Fort Morgan, US
★★★★★ 5
Runs small
Size: 3T, Color: Black
Runs just a little small. Maybe upsize, but great otherwise!
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Reviewed in the United States on February 28, 2026
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Lorraine
Lake Worth, US
★★★★★ 5
I was delighted with the quality and color
Size: X-Small, Color: Lilac
This is a super cute, and frankly, fairly high fashion little hoodie. The price was great for what it is. Really nice soft (terry?) inside. Double fabric hood. Really soft. It has an oversized cut which makes it easy to get on and off, but is just the right length to make the sizing look great and intentional - it doesn't look too big. I love the color. It's high quality, and I didn't notice any shrinkage. Even the hood is cut in a chic way. Not your average kids' hoodie.
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Reviewed in the United States on October 26, 2025
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David Cowart
Alexandria, US
★★★★★ 4
will shrink when dried.
good quality buy runs a little small.
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Reviewed in the United States on April 24, 2026
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Jenni Piepgrass
New York, US
★★★★★ 5
Cutest hoody for toddlers
Size: 3T, Color: Lilac
Amazing!! The cutest colour. Got it for my niece who is 2- got a size 3T and it’s fits perfect so I would definitely size up
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Reviewed in the United States on March 2, 2026
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Kristi
Massapequa, US
★★★★★ 5
Great fit
Size: 3T, Color: Light Grey Heather
Very soft and great material. Stretchier than expected. Fit was great
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Reviewed in the United States on May 2, 2026

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