The Finance Curse: How global finance is making us all poorer

The Finance Curse: How global finance is making us all poorer by Nicholas Shaxson


ISBN
9781847925381
Published
Binding
Hardcover
Pages
368
Dimensions
162 x 240 x 35mm

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. Far from being the geese that lay the golden eggs, Wall Street and the City of London have become cuckoos in the nest.

The City of London is the single biggest drain on our resources; it sucks talent out of every sphere, it siphons wealth, hoovers up government time, inflates prices and leads to boom and bust. Yet to be 'competitive', we're told we must deregulate, bust the unions, turn a blind eye to money-laundering and appease big business. We are told global finance is about wealth creation; the reality is wealth extraction.

Nicholas Shaxson revealed the dark heart of tax havens long before the Panama and Paradise Papers. Now he's issuing a new warning, telling the explosive story of how finance established a stranglehold on society and pointing us towards a way out.
This is a book that none of us can afford to ignore.
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