The Code of Capital: How the Law Creates Wealth and Inequality
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 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.
-
3:48:44
Badlands Media
21 hours agoEye of the Storm Ep. 134 - 10:30 PM ET -
58K55 -
3:42:24
SNEAKO
5 hours agoSECRET STREAM SECRET SURPRISE
64.7K18 -
2:31:41
GruntStyleGaming
7 hours agoEnlisted: Featuring LumpyPotatoX2 - #GSPatrioticSummer
29.1K4 -
7:59:24
FusedAegisTV
13 hours agoXIV TUESDAYS! I AM THE RUMBLE MASTER OF THE RUMBLE WARRIORS | Makin' Moves (6.3)
40.4K4 -
44:33
The Anthony Rogers Show
16 hours agoEpisode 321 - Mickey Avalon
27.8K2 -
1:32:11
Glenn Greenwald
11 hours agoMedia Converts Taboos About Ukraine Into Acknowledged Truths; Orthodox Rabbis on Condemning Israeli War; PLUS: Media Denies Biden’s Decline | SYSTEM UPDATE #284
74.6K208 -
37:44
Candace Owens
8 hours agoEverything We Learned About World War 2 Is A Lie | Candace Ep 7
69.1K284 -
42:09
The Late Kick with Josh Pate
10 hours agoLate Kick Live Ep 523: CFB 2024 Unknowns | Dabo Legacy Debate | Big12 Over Big Ten | Mon Title Games
37.4K1 -
1:01:42
The StoneZONE with Roger Stone
11 hours agoEric Adams and P. Diddy To Be Indicted? EPIC NYC Corruption Exposed | The StoneZONE
57.9K40 -
2:20:35
WeAreChange
11 hours agoPfizer SUED For Misleading Covid Vaccine Marketing!
79.3K47