The Finance Curse: How global finance is making us all poorer
ISBN-13:
9781847925381
ISBN-10:
1847925383
Author:
Nicholas Shaxson
Publication date:
2018
Publisher:
The Bodley Head
Format:
Hardcover
368 pages
FREE US shipping
Book details
ISBN-13:
9781847925381
ISBN-10:
1847925383
Author:
Nicholas Shaxson
Publication date:
2018
Publisher:
The Bodley Head
Format:
Hardcover
368 pages
Summary
The Finance Curse: How global finance is making us all poorer (ISBN-13: 9781847925381 and ISBN-10: 1847925383), written by authors
Nicholas Shaxson, was published by The Bodley Head in 2018.
With an overall rating of 4.3 stars, it's a notable title among other
books. You can easily purchase or rent The Finance Curse: How global finance is making us all poorer (Hardcover) from BooksRun,
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Description
*SELECTED AS A BOOK OF THE YEAR BY THE FINANCIAL TIMES*'Hard-hitting, well written and informative' Martin Wolf, Financial TimesGlobal finance is a system that works for the few and against the many.We need finance - but when finance grows too big it becomes a curse. The City of London is the single biggest drain on our resources; it sucks talent out of every sphere, it siphons wealth and hoovers up government time. Yet to be 'competitive', we're told we must turn a blind eye to money-laundering and appease big business with tax cuts. We are told global finance is about wealth creation; the reality is wealth extraction.Tracing the curse back through economic history, Shaxson uncovers how we got to this point. He exposes offshore tax havens; the uncontrolled growth of monopolies; the myths around the Celtic Tiger and its low corporate tax rate; the bizarre industry of wealth management; the destructive horrors of private equity; and the sinister 'Competitiveness Agenda'.Nicholas Shaxson revealed the dark heart of tax havens long before the Panama and Paradise Papers. Now he tells the explosive story of how finance established a stranglehold on society and points us towards a way out. This is a book that none of us can afford to ignore.
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