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GUEST: John Kay, visiting professor of Economics at the London School of Economics and a fellow of St. Johns College, Oxford University. He is also the director of several public companies and a weekly contributor to the Financial Times. His new book is called Other People’s Money: The Real Business of Finance.

If the objective of our global financial system is to organize the economy so that there is a societal benefit, then we are in trouble. Today, our economy is dominated by the financial sector that exists primarily to make money at breathtaking speed for a small group of people.

Find out more about the book www.johnkay.com.