THE FINANCE CURSE
Εκδότης Bodley Head , ISBN 9781847925381
*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.
Περίληψη
*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.
Πληροφορίες προϊόντος
- Συγγραφέας Shaxson, Nicholas
- Eκδότης Bodley Head
- ISBN 9781847925381
- Κωδικός Ευριπίδη 040100068415
- Έτος κυκλοφορίας 2018
- Σελίδες 368
- Διαστάσεις 17χ24
- Βάρος 754 gr