In the beginning Chapter 11, Jacob Soll states inThe Reckoning"In hindsight, it is obvious that as accounting become more complex, so did the possibility for fraud. Thus two faces of accounting emerged in modern consciousness. Some thinkers began to mistrust accounting, seeing it as a tool for exploitation and fraud; others held it up as a model of modern rationality."

Why blame accounting for the way it was used? Was this fair? Is that still the case today?