The Finance Curse

Download or Read eBook The Finance Curse PDF written by Nicholas Shaxson and published by Grove Press. This book was released on 2019-11-05 with total page 425 pages. Available in PDF, EPUB and Kindle.
The Finance Curse
Author :
Publisher : Grove Press
Total Pages : 425
Release :
ISBN-10 : 9780802146380
ISBN-13 : 0802146384
Rating : 4/5 (80 Downloads)

Book Synopsis The Finance Curse by : Nicholas Shaxson

Book excerpt: An “artfully presented [and] engaging” look at the insidious effects of financialization on our lives and politics by the author of Treasure Islands (The Boston Globe). How didthe banking sector grow from a supporter of business to the biggest business in the world? Financial journalist Nicholas Shaxson takes us on a terrifying journey through the world economy, exposing tax havens, monopolists, megabanks, private equity firms, Eurobond traders, lobbyists, and a menagerie of scoundrels quietly financializing our entire society, hurting both business and individuals. Shaxson shows how we got here, telling the story of how finance re-engineered the global economic order in the last half-century, with the aim not of creating wealth but extracting it from the underlying economy. Under the twin gospels of “national competitiveness” and “shareholder value,” megabanks and financialized corporations have provoked a race to the bottom between states to provide the most subsidized environment for big business, encouraged a brain drain into finance, fostered instability and inequality, and turned a blind eye to the spoils of organized crime. From Ireland to Iowa, he shows the insidious effects of financialization on our politics and on communities who were promised paradise but got poverty wages instead. We need a strong financial system—but when it grows too big it becomes a monster. The Finance Curse is the explosive story of how finance got a stranglehold on society, and reveals how we might release ourselves from its grasp. Revised with new chapters “[Discusses] corrupt financiers in London and New York City, geographically obscure tax havens, the bizarre realm of wealth managers in South Dakota, a ravaged newspaper in New Jersey, and a shattered farm economy in Iowa . . . A vivid demonstration of how corruption and greed have become the main organizing principles in the finance industry.” —Kirkus Reviews


The Finance Curse Related Books

The Finance Curse
Language: en
Pages: 425
Authors: Nicholas Shaxson
Categories: Business & Economics
Type: BOOK - Published: 2019-11-05 - Publisher: Grove Press

DOWNLOAD EBOOK

An “artfully presented [and] engaging” look at the insidious effects of financialization on our lives and politics by the author of Treasure Islands (The Bo
The Curse of Cash
Language: en
Pages: 318
Authors: Kenneth S. Rogoff
Categories: Business & Economics
Type: BOOK - Published: 2017-06-27 - Publisher: Princeton University Press

DOWNLOAD EBOOK

“A brilliant and lucid new book” (John Lanchester, New York Times Magazine) about why paper money and digital currencies lie at the heart of many of the wor
Oil, Dollars, Debt, and Crises
Language: en
Pages: 232
Authors: Mahmoud A. El-Gamal
Categories: Business & Economics
Type: BOOK - Published: 2010 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

This book explains the links between past and present oil crises, financial crises, and geopolitical conflicts.
Treasure Islands
Language: en
Pages: 61
Authors: Nicholas Shaxson
Categories: Business & Economics
Type: BOOK - Published: 2012 - Publisher: Random House

DOWNLOAD EBOOK

"Dirty money, tax havens and the offshore system describe the ugliest and most secretive chapter in the history of global economic affairs. Tax havens have decl
Poisoned Wells
Language: en
Pages: 292
Authors: Nicholas Shaxson
Categories: Political Science
Type: BOOK - Published: 2007-03-20 - Publisher: St. Martin's Press

DOWNLOAD EBOOK

Each week the oil and gas fields of sub-Saharan Africa produce well over a billion dollars' worth of oil, an amount that far exceeds development aid to the enti