Capital without Borders: Wealth Managers and the One Percent by Harrington

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Item specifics

Condition
Good
A book that has been read but is in good condition. Very minimal damage to the cover including scuff marks, but no holes or tears. The dust jacket for hard covers may not be included. Binding has minimal wear. The majority of pages are undamaged with minimal creasing or tearing, minimal pencil underlining of text, no highlighting of text, no writing in margins. No missing pages. See all condition definitionsopens in a new window or tab
Seller Notes
“Used book in good condition. Shows typical wear. Quick shipping. Satisfaction guaranteed!”
Book Title
Capital without Borders: Wealth Managers and the One Percent
Topic
Economic Conditions
Narrative Type
Economic Conditions
Genre
N/A
Intended Audience
N/A
ISBN
9780674244771
Category

About this product

Product Identifiers

Publisher
Harvard University Press
ISBN-10
067424477X
ISBN-13
9780674244771
eBay Product ID (ePID)
5038768564

Product Key Features

Number of Pages
400 Pages
Publication Name
Capital Without Borders : Wealth Managers and the One Percent
Language
English
Subject
International / Economics, Business Ethics, Political Economy, Sociology / General, Globalization, Finance / Wealth Management, Economics / General
Publication Year
2020
Type
Textbook
Author
Brooke Harrington
Subject Area
Political Science, Social Science, Business & Economics
Format
Trade Paperback

Dimensions

Item Height
1.1 in
Item Weight
16.8 Oz
Item Length
8.2 in
Item Width
7.5 in

Additional Product Features

Intended Audience
College Audience
Reviews
Brook Harrington has written a book that few sociologists could manage. She has gained access to the world of the super-rich...It is an ethnography of elites and elites at a level that have rarely been studied through participant observation and interview. The access achieved by Harrington is quite exceptional., Harrington advises governments seeking to address inequality to focus not only on the rich but also on the professionals who help them game the system., Brooke Harrington shines a light into the shadowy and little-understood subject of wealth management. Using in-depth interviews and participant observations, she reviews the tools of the trade of financial advisors and shows the implications for economic inequality, political power, and societal organization. This is an important book on a pivotal profession for those concerned about how the top one percent make and keep their money., Capital without Borders offers an in-depth look into the wealth management profession... This is an important work for our increasingly unequal world. Instead of uncritically blaming the wealthy and the super-rich or national and state governments, it is high time to focus our attention on the brokers, intermediaries and agents who constitute the 'middleman economy' of global inequality., Brooke Harrington's overhaul of the One Percent, Capital without Borders , couldn't arrive at a better time... Capital without Borders is an unparalleled exploration of an especially darkened corner of world finance... Harrington's commentary is a magnifying glass held towards those who are gaining opportunities at the expense of those losing them... Capital without Borders gives a clear picture as to how the world's wealthiest people live in a parallel reality to the rest of the world: one out of reach of laws and regulation on a global scale... Capital without Borders is a vital text for the modern age and a must-read for anyone looking towards a more egalitarian economic future., Offers a timely account of how the 1% holds on to their wealth...[It] ought to keep wealth managers awake at night...Harrington's book ought to make professionals involved in wealth management aware that they are operating in an 'ethical gray area' and engage in the national discourse on inequality that has been gathering momentum since Thomas Piketty's Capital in the Twenty-First Century ., Capital without Borders: Wealth Managers and the One Percent is an innovative approach to addressing a problem that is even more pressing than income inequality--wealth inequality...The book is rich in fascinating detail, from the historical roots of wealth management to a description of a state system that might be called the 'parasitic twin' of the Westphalian model. Capital without Borders is a book that everyone who cares about fairness, the rule of law, and equal opportunity should read. Even if, or perhaps especially if, you're in the 'one percent.', [Harrington] lifts the veil of the wealth management profession...A useful volume for tax policymakers and tax inspectors, the book is also timely: the leak of documents from Panama-based law firm and corporate service provider Mossack Fonseca--known as the Panama papers--led the G20 to improve transparency and exchange of information to stop tax evasion and avoidance by offshore financial centers., Brooke Harrington's study of wealth management is one of those rare books where you just have to stand back in awe and wonder at the author's achievement. In this intensely readable study, she offers a first-ever scholarly insight into a profession that was almost unknown a little over two decades ago... Harrington offers profound insights into the world of the professional people who dedicate their lives to meeting the perceived needs of the world's ultra-wealthy. And, as she makes clear, the most apparently compelling of those needs is to avoid the rule of law... Don't doubt the importance of this book's messages: this is a significant and valuable case study at the current frontier of political economy., [A] valuable new book... What makes Harrington's book unusual is that she chose instead to investigate the wealth management industry itself. There were no short cuts to doing so. Harrington went undercover as a trainee wealth manager for two years, living and breathing the profession. The result is an insight unlike any other into how wealth management works... One of the many merits of Brooke Harrington's study, therefore, is how it shows that the wealth management industry is a far larger and more integral component of the modern financial system than a focus on the celebrity-saturated case of the Panama Papers might suggest., In this remarkable work, Harrington relays in-depth interviews with wealth managers for the ultra-rich, building on her previous publications on financial markets and fraud...This work adds unique insights into the extraordinary trust between wealth managers and their rich clients, as well as other nuggets of insight., Beautifully written, this book opens a window into the fascinating world of wealth managers for the world's super-rich. I know of no other book even remotely like it., [Harrington's] account of the social, cultural, and financial intricacies of this profession--about two-thirds of the book--is no small feat...Harrington helps dispel two of the most pernicious myths underlying America's overly tolerant attitude toward the extremely rich: first, that they deserve to be so, and second, that the rest of us might one day be extremely rich too.
Dewey Edition
23
Illustrated
Yes
Dewey Decimal
332.6
Synopsis
"A timely account of how the 1% holds on to their wealth...Ought to keep wealth managers awake at night." -- Wall Street Journal "Harrington advises governments seeking to address inequality to focus not only on the rich but also on the professionals who help them game the system." --Richard Cooper, Foreign Affairs "An insight unlike any other into how wealth management works." --Felix Martin, New Statesman "One of those rare books where you just have to stand back in awe and wonder at the author's achievement...Harrington offers profound insights into the world of the professional people who dedicate their lives to meeting the perceived needs of the world's ultra-wealthy." -- Times Higher Education How do the ultra-rich keep getting richer, despite taxes on income, capital gains, property, and inheritance? Capital without Borders tackles this tantalizing question through a groundbreaking multi-year investigation of the men and women who specialize in protecting the fortunes of the world's richest people. Brooke Harrington followed the money to the eighteen most popular tax havens in the world, interviewing wealth managers to understand how they help their high-net-worth clients dodge taxes, creditors, and disgruntled heirs--all while staying just within the letter of the law. She even trained to become a wealth manager herself in her quest to penetrate the fascinating, shadowy world of the guardians of the one percent.
LC Classification Number
HG179.5.H576 2020

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