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The code of capital : how the law creates wealth and inequality / [electronic resource]

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자료유형E-Book
개인저자Pistor, Katharina, author.
서명/저자사항The code of capital :how the law creates wealth and inequality /Katharina Pistor.[electronic resource]
발행사항Princeton, New Jersey : Princeton University Press, [2019]
형태사항1 online resource (xiii, 297 pages)
소장본 주기Master record variable field(s) change: 072
ISBN9780691189437
0691189439


내용주기Cover; Title; Copyright; Dedication; CONTENTS; Preface; 1 Empire of Law; 2 Coding Land; 3 Cloning Legal Persons; 4 Minting Debt; 5 Enclosing Nature's Code; 6 A Code for the Globe; 7 The Masters of the Code; 8 A New Code?; 9 Capital Rules by Law; Notes; Index
요약A compelling explanation of how the law shapes the distribution of wealthCapital 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.
일반주제명Capital market -- Law and legislation.
LAW / Administrative Law & Regulatory Practice.
Capital market -- Law and legislation.
BUSINESS & ECONOMICS / Economics / General
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기타형태 저록Print version:06911789769780691178974
대출바로가기http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1941224

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