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About: ECONned

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ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism is a 2010 non-fiction book by Yves Smith, author of the Naked Capitalism blog. The book describes how the deregulation of the financial industry and the systemic incentives for managers to "loot" limited liability companies led to the build-up and eventual collapse of the credit bubble during the 2000s.

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