Title: | The code of capital : how the law creates wealth and inequality |
Authors: | Katharina Pistor, Author |
Publisher: | Princeton University Press, 2019 |
ISBN (or other code): | 978-0-691-17897-4 |
Size: | xiii, 297 pages / 25 cm |
Languages: | English |
Descriptors: |
[Eurovoc] BUSINESS AND COMPETITION > accounting > accounting > operating result > profit [Eurovoc] ECONOMICS > economic policy > economic policy > economic integration > globalisation [Eurovoc] ECONOMICS > national accounts > income > distribution of income [Eurovoc] ECONOMICS > national accounts > income > distribution of income > wealth [Eurovoc] FINANCE > free movement of capital > free movement of capital > capital market [Eurovoc] LAW [Eurovoc] LAW > sources and branches of the law > source of law > legislation > regulation [Eurovoc] SOCIAL QUESTIONS > social framework > social structure > social inequality |
Tags: | capital ; economic aspects |
Abstract: | "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 ... 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."--Provided by publisher. |
Contents note: |
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 |
Copies (1)
Barcode | Call number | Media type | Location | Section | Status |
---|---|---|---|---|---|
006396 | WA 238 | Livre | Centre de documentation du CERDI / Ecole d'Economie | Salle de lecture | Available |