Read Online The Code of Capital How the Law Creates Wealth and Inequality eBook Katharina Pistor

By Bryan Richards on Monday, 27 May 2019

Read Online The Code of Capital How the Law Creates Wealth and Inequality eBook Katharina Pistor



Download As PDF : The Code of Capital How the Law Creates Wealth and Inequality eBook Katharina Pistor

Download PDF The Code of Capital How the Law Creates Wealth and Inequality eBook Katharina Pistor

A compelling explanation of how the law shapes the distribution of wealth

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.


Read Online The Code of Capital How the Law Creates Wealth and Inequality eBook Katharina Pistor


""

Product details

  • File Size 792 KB
  • Print Length 320 pages
  • Publisher Princeton University Press (May 28, 2019)
  • Publication Date May 28, 2019
  • Sold by  Digital Services LLC
  • Language English
  • ASIN B07KM2FW65

Read The Code of Capital How the Law Creates Wealth and Inequality eBook Katharina Pistor

Tags : Buy The Code of Capital How the Law Creates Wealth and Inequality Read Books Reviews - ,ebook,Katharina Pistor,The Code of Capital How the Law Creates Wealth and Inequality,Princeton University Press,BUSINESS ECONOMICS / Economics / General,Business/Economics,Capital markets securities law regulation,Central government policies,Economics,LAW / General,LAW / Securities,Law,Law society,Law/Securities,Non-Fiction,POLITICAL SCIENCE / Public Policy / Economic Policy,Political Science/Public Policy - Economic Policy,UNIVERSITY PRESS,United States,BUSINESS ECONOMICS / Economics / General,LAW / General,LAW / Securities,Law/Securities,POLITICAL SCIENCE / Public Policy / Economic Policy,Political Science/Public Policy - Economic Policy,Central government policies,Law society,Law,Capital markets securities law regulation

The Code of Capital How the Law Creates Wealth and Inequality eBook Katharina Pistor Reviews :


~