The Finance Curse: How global finance is making us all poorer

Nicholas Shaxson

384 pages, parution le 09/10/2019

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Résumé

An agenda-setting, campaigning book that shows how global finance is a system that works for the few and not the many. **A Financial Times Book of the Year**`Hard-hitting, well written and informative' Martin Wolf, Financial TimesWe need finance - but when finance grows too big it becomes a curse.An agenda-setting, campaigning book that shows how global finance is a system that works for the few and not the many. **A Financial Times Book of the Year** `Hard-hitting, well written and informative' Martin Wolf, Financial Times 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.Nicholas Shaxson is the author of Treasure Islands: Tax Havens and the Men who Stole the World and Poisoned Wells: the Dirty Politics of African Oil. He is a journalist, a campaigner and world expert on both tax havens and financial centres; and on the Resource Curse. His writing has appeared in Vanity Fair, Financial Times, The Economist, The Economist Intelligence Unit, and many others. He is part of the organisation the Tax Justice Network.

Caractéristiques techniques

	PAPIER
Éditeur(s)	Random
Auteur(s)	Nicholas Shaxson
Parution	09/10/2019
Nb. de pages	384
EAN13	9781784705046

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The Finance Curse: How global finance is making us all poorer

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