Review The Code of Capital

The Code of Capital High quality books

The Code of Capital
By:Katharina Pistor
Published on 2019-05-28 by Princeton University Press

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.

This Book was ranked at 32 by Google Books for keyword Money.

Book ID of The Code of Capital's Books is LR2NDwAAQBAJ, Book which was written byKatharina Pistorhave ETAG "DVnHHT3yank"

Book which was published by Princeton University Press since 2019-05-28 have ISBNs, ISBN 13 Code is 9780691178974 and ISBN 10 Code is 0691178976

Reading Mode in Text Status is false and Reading Mode in Image Status is true

Book which have "320 Pages" is Printed at BOOK under CategoryBusiness and Economics

This Book was rated by Raters and have average rate at ""

This eBook Maturity (Adult Book) status is NOT_MATURE

Book was written in en

eBook Version Availability Status at PDF is falseand in ePub is false

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