Download or read book Offshore Stealth Wealth and the New Colonialism A Norton Short written by Brooke Harrington and published by W. W. Norton & Company. This book was released on 2024-09-17 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: An eye-opening account of offshore finance: a secretive system making the rich richer while corroding democracy, capitalism, and the environment. How do the rich keep getting richer, while dodging the long arm of the law? From playboy billionaires avoiding taxes on private islands to Russian oligarchs sailing away from sanctions on their superyachts, the ultra-rich seem to live in a different world from the rest of us. That world is called offshore. Hidden from view, the world’s ultra-rich can use offshore finance to escape tax obligations, labor and environmental safety regulations, campaign finance rules, and other laws that get in their way. In Offshore: Stealth Wealth and the New Colonialism, sociologist Brooke Harrington reveals how this system works, as well as how it degrades democracy, the economy, and the public goods on which we all depend. Harrington spent eight years infiltrating this secretive world by training as a wealth manager, traveling from glossy European and North American capitals to developing countries in South America and Africa, to islands in the Indian Ocean, Caribbean, and South Pacific regions. Through interviews with dozens of wealth managers in nineteen countries, Harrington uncovered how this global network of offshore financial centers arose from the remnants of colonialism and has created a new, hidden imperial class This engrossing deep dive reveals what offshore finance costs all of us, and how it has colonized the world—not on behalf of any one country, but to benefit a largely invisible empire of a few thousand billionaires, who help themselves to the best society has to offer while sticking us with the bill. As politicians struggle to address the deepening economic and political inequality destabilizing the world, Harrington’s exposé of the offshore system is a vital resource for understanding the most pressing crises of our time.

Download or read book Explorers A New History A Norton Short written by Matthew Lockwood and published by W. W. Norton & Company. This book was released on 2024-10-15 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impulse to seek out new worlds is universal to humanity. Unfurling a tapestry of surprising and historically overlooked figures spanning forty centuries and six continents, historian Matthew Lockwood narrates lives filled with imagination and wonder, curiosity, connection, and exchange. Familiar icons of exploration like Pocahontas, Columbus, Sacagawea, and Captain Cook find new company in the untold stories of people usually denied the title “explorers,” including immigrants, indigenous interpreters, local guides, and fugitive slaves. He highlights female voyagers like Gudrid Far-Traveler and Freydís Eiríksdóttir, Viking women who sailed to North America in 1000 AD, and Mary Wortley Montagu, whose pioneering travels to Constantinople would lead to the development of the world’s first smallpox vaccine. Figures like Ghulam Rassul Galwan, a guide for European travelers in the Himalayas, reveal the hidden labor, expertise, and local enthusiasm behind many grand stories of discovery. Other characters, like David Dorr, a man born into slavery in New Orleans who embarked on a Grand Tour of Europe and Egypt, embody discovery and wonder as universal parts of the human condition. As Lockwood makes clear, people of every background imagine new worlds. Adventurers from every corner of the globe search for the unknown and try to understand it, remaking the world and themselves in the process. Exploration is for everyone who sets off into the unknown. It is the inheritance of all.

Download or read book Offshore written by Brooke Harrington and published by . This book was released on 2025-08-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An eye-opening account of offshore finance: a secretive system making the rich richer while corroding democracy, capitalism, and the environment.

Download or read book Pop Finance written by Brooke Harrington and published by Princeton University Press. This book was released on 2010-02-22 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, the United States underwent a dramatic transformation: investing in stocks, once the province of a privileged elite, became a mass activity involving more than half of Americans. Pop Finance follows the trajectory of this new market populism via the rise of investment clubs, through which millions of people across the socioeconomic spectrum became investors for the first time. As sociologist Brooke Harrington shows, these new investors pour billions of dollars annually into the U.S. stock market and hold significant positions in some of the nation's largest firms. Drawing upon Harrington's long-term observation of investment clubs, along with in-depth interviews and extensive survey data, Pop Finance is the first book to examine the origins and impact of this mass engagement in investing. One of Harrington's most intriguing findings is that gender-based differences in investing can create a "diversity premium"--groups of men and women together are more profitable than single-sex groups. In examining the sources of this effect, she delves into the interpersonal dynamics that distinguish effective decision-making groups from their dysfunctional counterparts. In addition, Harrington shows that most Americans approach investing not only to make a profit but also to make a statement. In effect, portfolios have become like consumer products, serving both utilitarian and social ends. This ties into the growth of socially responsible investing and shareholder activism--matters relevant not only to social scientists but also to corporate leaders, policymakers, and the millions of Americans planning for retirement.

Download or read book Mad about Trade written by Daniel T. Griswold and published by Cato Institute. This book was released on 2009 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Politicians and pundits can rage against free trade and globalization, but much of what they convey is myth says the author. He argues that free trade is good for the American family. Among the benefits he discusses are import competition that provides lower prices, greater variety, and better quality, especially for poor and middle class families. Driven in part by trade, most new jobs are well-paying service jobs. Foreign investment here has created well-paying jobs, and investment abroad has given United States companies access to millions of new customers. Trade helped expand the global middle class, reducing poverty and child labor while fueling demand for U.S. products. The author also looks at how the past three decades of an open global economy have created a more prosperous, democratic, and peaceful world.

Download or read book Deception written by Brooke Harrington and published by Stanford University Press. This book was released on 2009 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deception offers a broadly accessible overview of state-of-the-art research on lies, trickery, cheating, and shams by leading experts in the natural and social sciences, as well as computing, the humanities, and the military.

Download or read book Capital Without Borders written by Brooke Harrington and published by Harvard University Press. This book was released on 2016-09-12 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A timely account of how the 1% holds on to their wealth...Ought to keep wealth managers awake at night.” —Wall Street Journal “Harrington advises governments seeking to address inequality to focus not only on the rich but also on the professionals who help them game the system.” —Richard Cooper, Foreign Affairs “An insight unlike any other into how wealth management works.” —Felix Martin, New Statesman “One of those rare books where you just have to stand back in awe and wonder at the author’s achievement...Harrington offers profound insights into the world of the professional people who dedicate their lives to meeting the perceived needs of the world’s ultra-wealthy.” —Times Higher Education How do the ultra-rich keep getting richer, despite taxes on income, capital gains, property, and inheritance? Capital without Borders tackles this tantalizing question through a groundbreaking multi-year investigation of the men and women who specialize in protecting the fortunes of the world’s richest people. Brooke Harrington followed the money to the eighteen most popular tax havens in the world, interviewing wealth managers to understand how they help their high-net-worth clients dodge taxes, creditors, and disgruntled heirs—all while staying just within the letter of the law. She even trained to become a wealth manager herself in her quest to penetrate the fascinating, shadowy world of the guardians of the one percent.

Download or read book How Colonialism Greed and Corruption Destroyed a Beautiful Country written by Julian Rollocks and published by Bureau of Intellectual Property. This book was released on 2021-04-30 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an easy read: It spans from the beginning days of slavery within the Dutch Kingdom to February 16 2021 where the court orders the persecution of an individual with political authority in the Ruby investigation; to the arrest of former President of France, President Sarkozy. It entails history and pieces of the author's political life where he participated in the referendum of 1994 on the Caribbean island of Sint. Maarten changing the course of history. It also entails modern forms of colonialism. It presents a series of articles, newspaper clippings and interviews reflecting these times. It gives a excellent perspective of the era in the pictures and encapsulates the big question "where do we go from here". It is written for the well read and for those who just wish to browse through our history by means of pictures and illustrations. It provides a brilliant perspective as to where we are in the Dutch Caribbean history and where we should be going.

Download or read book China and Iran written by John W. Garver and published by University of Washington Press. This book was released on 2011-07-01 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Iran's nuclear aspirations increasingly dominate its relations with the United States and Europe. China remains one of Iran's strongest allies on the Security Council, and also its most likely supplier of technology and assistance, built on decades of close economic and military relations. Iran is enjoying strong new influence in the Middle East and Asia following record oil profits and Shi'i victories in Iraqi parliamentary elections. Like Iran, China fought for decades to increase its self-reliance and geopolitical influence after painful experiences under European colonialism, which spurred nationalist revolutions. With China and Iran: Ancient Partners in a Post-Imperial World, John Garver breaks new ground on the relationship between the People's Republic of China and the Islamic Republic of Iran. Grounding his survey in the twin concepts of civilization and power, Garver explores the relationship between these two ancient and proud peoples, each of which consider the other a peer and a partner in their mutual determination to build a post-Western-dominated Asia. Successive governments of both China and Iran have recognized substantial national capabilities in each other, capabilities that allow the countries to achieve their own national interests through cooperation. These interests have varied - from countering Soviet expansionism to resisting U.S. unilateralism - but the cooperative relationship between the two nations has remained constant. In his compelling analysis, Garver explores the evolution of Sino-Iranian relations through several phases, including Iran under the shah and before the 1979 revolution; from the 1979 revolution to 1989, a year marked both by the end of the Iran-Iraq war and the beginning of conflict in Sino-U.S. relations; and from 1989 to 2004. China and Iran includes discussion of the current debates at the International Atomic Energy Agency over Iran's nuclear programs and China's role in assisting these programs and in supporting Iran in international debates. Garver examines China's involvement in Iran's efforts to modernize its military, including China's offer of weapons, capital goods, and engineering services in exchange for Iranian oil, suggesting links between this energy exchange and China's support for Iran in political arenas. In today's political climate, where China is recognized as a rising and increasingly influential global power and Iran as one of the most powerful nations in the Middle East, this book presents a crucial analysis of a topic of utmost importance to scholars and the general public today.

Download or read book The Hilco Story written by Arthur Hilsinger and published by . This book was released on 2019 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Hilco Story: Discovering a Diamond in Our Own Backyard, author Art Hilsinger offers a candid, clear-eyed look at the process of building a successful business. The business began in 1956 as a contract manufacturer for eyewear companies. It grew over the years, in spite of several detours, which, when viewed with 20-20 hindsight, turned out to be in unfortunate strategic directions. Ultimately, the company would realize that it had a "diamond" in its own backyard - a core business that had been in the picture all along. Focusing on that core, the Hilsinger team grew the company into a strong, sustainable business that would find a new owner, continuing to operate very successfully to the present time. Hilsinger admits that the company spent its first 30 years "wandering," but he shares the valuable lessons learned along the way that eventually led them to the right path, resulting in steady, profitable growth. Business leaders will appreciate Hilsinger's candor and wry observations about how strategic decision-making works (or doesn't) and will find value in his observations about the factors - large and small - that go into making a successful business. He stresses the importance of learning from mistakes, and having the courage to make even drastic course changes. Although the company may have "wandered" during its first 30 years, in the last 11 years that Hilsinger was at the helm, it evolved and managed to prove the truth of J.R.R. Tolkien's quote, "Not all who wander are lost."

Download or read book Undoing the Demos written by Wendy Brown and published by MIT Press. This book was released on 2015-02-13 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tracing neoliberalism's devastating erosions of democratic principles, practices, and cultures. Neoliberal rationality—ubiquitous today in statecraft and the workplace, in jurisprudence, education, and culture—remakes everything and everyone in the image of homo oeconomicus. What happens when this rationality transposes the constituent elements of democracy into an economic register? In Undoing the Demos, Wendy Brown explains how democracy itself is imperiled. The demos disintegrates into bits of human capital; concerns with justice bow to the mandates of growth rates, credit ratings, and investment climates; liberty submits to the imperative of human capital appreciation; equality dissolves into market competition; and popular sovereignty grows incoherent. Liberal democratic practices may not survive these transformations. Radical democratic dreams may not either. In an original and compelling argument, Brown explains how and why neoliberal reason undoes the political form and political imaginary it falsely promises to secure and reinvigorate. Through meticulous analyses of neoliberalized law, political practices, governance, and education, she charts the new common sense. Undoing the Demos makes clear that for democracy to have a future, it must become an object of struggle and rethinking.

Download or read book The End of Wall Street written by Roger Lowenstein and published by Penguin. This book was released on 2010-04-06 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Watch a Video Watch a video Download the cheat sheet for Roger Lowenstein's The End of Wall Street » The roots of the mortgage bubble and the story of the Wall Street collapse-and the government's unprecedented response-from our most trusted business journalist. The End of Wall Street is a blow-by-blow account of America's biggest financial collapse since the Great Depression. Drawing on 180 interviews, including sit-downs with top government officials and Wall Street CEOs, Lowenstein tells, with grace, wit, and razor-sharp understanding, the full story of the end of Wall Street as we knew it. Displaying the qualities that made When Genius Failed a timeless classic of Wall Street-his sixth sense for narrative drama and his unmatched ability to tell complicated financial stories in ways that resonate with the ordinary reader-Roger Lowenstein weaves a financial, economic, and sociological thriller that indicts America for succumbing to the siren song of easy debt and speculative mortgages. The End of Wall Street is rife with historical lessons and bursting with fast-paced action. Lowenstein introduces his story with precisely etched, laserlike profiles of Angelo Mozilo, the Johnny Appleseed of subprime mortgages who spreads toxic loans across the landscape like wild crabapples, and moves to a damning explication of how rating agencies helped gift wrap faulty loans in the guise of triple-A paper and a takedown of the academic formulas that-once again- proved the ruin of investors and banks. Lowenstein excels with a series of searing profiles of banking CEOs, such as the ferretlike Dick Fuld of Lehman and the bloodless Jamie Dimon of JP Morgan, and of government officials from the restless, deal-obsessed Hank Paulson and the overmatched Tim Geithner to the cerebral academic Ben Bernanke, who sought to avoid a repeat of the one crisis he spent a lifetime trying to understand-the Great Depression. Finally, we come to understand the majesty of Lowenstein's theme of liquidity and capital, which explains the origins of the crisis and that positions the collapse of 2008 as the greatest ever of Wall Street's unlearned lessons. The End of Wall Street will be essential reading as we work to identify the lessons of the market failure and start to reb...

Download or read book Making Of An Economic Superpower The Unlocking China s Secret Of Rapid Industrialization written by Yi Wen and published by World Scientific. This book was released on 2016-05-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

Download or read book The Tragedy of Great Power Politics Updated Edition written by John J. Mearsheimer and published by W. W. Norton & Company. This book was released on 2003-01-17 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A superb book.…Mearsheimer has made a significant contribution to our understanding of the behavior of great powers."—Barry R. Posen, The National Interest The updated edition of this classic treatise on the behavior of great powers takes a penetrating look at the question likely to dominate international relations in the twenty-first century: Can China rise peacefully? In clear, eloquent prose, John Mearsheimer explains why the answer is no: a rising China will seek to dominate Asia, while the United States, determined to remain the world's sole regional hegemon, will go to great lengths to prevent that from happening. The tragedy of great power politics is inescapable.

Download or read book Globalization and Its Discontents written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2003-04-17 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

Download or read book The Code of Capital written by Katharina Pistor and published by Princeton University Press. This book was released on 2020-11-03 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively "codes" certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it."--Provided by publisher.

Download or read book Good Economics for Hard Times written by Abhijit V. Banerjee and published by PublicAffairs. This book was released on 2019-11-12 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.