The Code of Capital: How the Law Creates Wealth and Inequality

Katharina Pistor (Author)
Available

Description

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

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.

Product Details

Price
$19.95
Publisher
Princeton University Press
Publish Date
September 22, 2020
Pages
320
Dimensions
6.1 X 9.1 X 1.0 inches | 1.15 pounds
Language
English
Type
Paperback
EAN/UPC
9780691208602

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About the Author

Katharina Pistor is the Edwin B. Parker Professor of Comparative Law and director of the Center on Global Legal Transformation at Columbia Law School. Her books include Law and Capitalism: What Corporate Crises Reveal about Legal Systems and Economic Development around the World. Twitter @KatharinaPistor

Reviews

One of Business Insider's Richard Feloni's best books of 2019 on how we can rethink today's capitalism and improve the economy
One of the Financial Times' Readers' Best Books of 2019
A Project Syndicate Best Read in 2019
One of the Financial Times' Best Books of 2019: Economics