자료유형 | 단행본 |
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서명/저자사항 | The code of capital : how the law creates wealth and inequality/ Katharina Pistor. [electronic resource]. |
개인저자 | Pistor, Katharina,author. |
발행사항 | Princeton, New Jersey: Princeton University Press, [2019]. |
형태사항 | 1 online resource (xiii, 297 pages). |
기타형태 저록 | Print version: 0691178976 9780691178974 |
ISBN | 9780691189437 0691189439 |
내용주기 | Cover; 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 |
요약 | A 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. |
일반주제명 | Capital market --Law and legislation. LAW / Administrative Law & Regulatory Practice. Capital market --Law and legislation. BUSINESS & ECONOMICS / Economics / General |
언어 | 영어 |
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