The paper suggests that concentration of money and a loosely regulated financial market as the main culprits impeding the efficient allocation of economic resources through a banking system that seems to have lost its way and mission. The pursuit of return without risk inevitably leads to the...

The article is a criticism of how a crony capitalism economic system operates to transfer and destroy wealth. It highlights the main economic distortions that lead to financialization of the economy and result in wealth extraction rather than wealth creation