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An open access publication of the Ƶ
Summer 2007

Democracy in corporate America

Author
John C. Bogle
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John C. Bogle, a Fellow of the American Ƶ since 2004, is the founder and former chief executive of the Vanguard mutual fund group. He was named by “Fortune” magazine as one of the four “investment giants” of the twentieth century. His fifth book, “The Battle for the Soul of Capitalism” (2005), explores in depth the issues considered in this essay.