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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Baird-Greene
Lake Worth, US
★★★★★ 5
An Instant Classic for Children!
Format: Hardcover
This book is lovely. The story is simple and timeless. The illustrations are bright and memorable. My grandchildren love Loren Long's books.
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Reviewed in the United States on January 8, 2026
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Organized Mom Thoughts
Waukegan, US
★★★★★ 5
Unique book- creative story and pictures
Format: Hardcover
Absolutely love the black and white pictures with the yellow accents. This is a fun creative book. Perfect for my son who is obsessed with busses and the color yellow. Made from thick high quality materials. Great for young children to enjoy.
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Reviewed in the United States on December 23, 2025
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StephZ
San Leandro, US
★★★★★ 5
A Wonderful Book for Kids!
Format: Hardcover
We love this book! The story is simple, sweet, and engaging for kids. My children enjoy reading it again and again.
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Reviewed in the United States on May 7, 2026
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Emma Schuster
Chelsea, US
★★★★★ 5
Beautiful
Format: Hardcover
This book is incredible. The story of the yellow bus and its life. Gorgeous illustrations and entertaining.
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Reviewed in the United States on February 24, 2026
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Whitney West
Lowell, US
★★★★★ 5
Great Book for Both Teachers and Students
Format: Hardcover
“The Yellow Bus Book” is such a meaningful and versatile read. It works perfectly for professional development with teachers, but it’s also great for sharing with kids. The message is simple, relatable, and powerful encouraging kindness, connection, and a positive mindset in school communities. I love that it opens the door for great conversations, whether you’re using it in a classroom, staff training, or even at home.
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Reviewed in the United States on January 2, 2026

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