The Third Pillar : How Markets and the State Leave the Community Behind

DETAILS : 

• Publisher ‏ : ‎ Harpercollins Publishers
  
• Author : Raghuram G Rajan
  
• Paperback ‏ : ‎ 464 pages
  
• Language ‏ : ‎ English
  
• ISBN-10 ‏ : ‎ 9353576652
  
• ISBN-13 ‏ : ‎ 978-9353576653
  
• Item Weight ‏ : ‎ 550 g

ABOUT THE BOOK 

The Third Pillar explores the delicate balance between the three fundamental pillars of society: the state, the markets, and the community. Raghuram G. Rajan explains how the rise of powerful states and global markets has gradually weakened local communities, leading to inequality, distrust, and social disruption. The book examines historical patterns, modern economic forces, and political shifts that have shaped today’s world. Rajan offers thoughtful solutions that emphasize strengthening communities to restore social and economic stability. It is an insightful, timely work for anyone interested in economics, governance, and society’s future.

ABOUT THE AUTHOR 

Raghuram G. Rajan is a world-renowned economist, former Governor of the Reserve Bank of India, and professor of finance at the University of Chicago Booth School of Business. He is known for his visionary economic insights and for predicting the 2008 global financial crisis. Rajan has authored influential books on finance, markets, and policy reform. His work combines academic rigor with practical wisdom, making complex economic ideas accessible to a wide audience. As a leading thinker, he frequently contributes to global policy discussions and economic research.