Dance in the Global Village

More about the book

The book explores the roles of various financial actors—shareholders, stakeholders, index trackers, bondholders, and options traders—in the evolution of global capitalism. It highlights how stakeholders have unknowingly assumed significant economic roles and examines the rise of options traders among both professionals and informed amateurs. The concept of the index tracker is introduced as a new player focused on matching an index rather than maximizing profits, embodying a strategy of "watchful waiting" in the context of diverse capitalistic practices.