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The Finance Curse - How global finance is making us all poorer (Paperback)
Loot Price: R386
Discovery Miles 3 860
You Save: R155
(29%)
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The Finance Curse - How global finance is making us all poorer (Paperback)
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List price R541
Loot Price R386
Discovery Miles 3 860
You Save R155 (29%)
Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.
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Global 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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