Language : English
Published : 2020-09-22
Pages : 320
The Code of Capital: How the Law Creates Wealth and Inequality
What is it that transforms a simple object, an idea, or a promise to pay into an asset that creates wealth?
Katharina Pistor explains how, behind closed doors in the offices of private attorneys, capital is created – and why this little-known activity is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the various ways that debt, complex financial products, and other assets are selectively coded to protect and reproduce private wealth. 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.
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About the Author
Michael Haas is a Nobel Peace Prize nominee and the author of more than 40 books on government and politics, primarily focused on human rights. He has recently analyzed the situations in Cambodia, Korea, and Singapore as well as the major war crimes of the twenty-first century.
Asia will redraw the map of economic progress over the next twenty-five years. Growth is necessary to solve economic and social problems, but harder to achieve as the age of plenty gives way to the age of scarcities. The challenge opens the doors for an Asian economic model based on shifting of productivity for the individual to groups, ecological productivitiy instead of economic productivity, and a reversal to traditional Asian values – less materialistic than Western values. A new paradigm for economic thinking emerges to replace the one launched in the West 200 years ago.
These thirty-eight essays by the professors and research fellows of the Lee Kuan Yew School of Public Policy is dedicated to the tenth anniversary of the School. The core theme of the essays is governance in Asia and what its governments and peoples are doing for the public good. As Asia rises, its policymakers and citizens, and indeed the rest of the world, are increasingly asking how this dynamic region is making public policy, what we can learn from that exciting, often turbulent process, and how Asians can do better. The School’s diverse and international group of scholars have written a set of informal, provocative, and passionate essays about governance in Asia — its past, present, and future — and why they study it. The volume — a candid, engaging act of transparency and disclosure — is also an invitation to join the conversation on the problems and promise of Asia and the larger dialogue on public policy and policy research in a globalized world.
Readership: Academics, policy makers, LKY School students, alumni and faculty, and anyone interested in the development and management of universities and other institutions of higher education.