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The Battle for the soul of capitalism
In this influential work, John C. Bogle examines the structural failures and ethical decline within the American capitalist system. Drawing on decades of experience in the investment industry, Bogle highlights how corporate managers, financial intermediaries, and Wall Street institutions increasingly prioritize short-term profits over long-term value and fiduciary responsibility. The book analyzes the consequences of corporate scandals, weakened governance, and speculative investment culture, arguing for a return to the traditional principles of integrity, stewardship, and accountability. Bogle offers a roadmap for restoring trust and rebuilding a healthier, more sustainable form of capitalism.
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