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Capitalism S Achilles Heel


Author : Raymond W. Baker
language : en
Publisher: John Wiley & Sons
Release Date : 2005-08-05

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Download Capitalism S Achilles Heel written by Raymond W. Baker and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-05 with Business & Economics categories.


For over forty years in more than sixty countries, Raymond Baker has witnessed the free-market system operating illicitly and corruptly, with devastating consequences. In Capitalism’s Achilles Heel, Baker takes readers on a fascinating journey through the global free-market system and reveals how dirty money, poverty, and inequality are inextricably intertwined. Readers will discover how small illicit transactions lead to massive illegalities and how staggering global income disparities are worsened by the illegalities that permeate international capitalism. Drawing on his experiences, Baker shows how Western banks and businesses use secret transactions and ignore laws while handling some $1 trillion in illicit proceeds each year. He also illustrates how businesspeople, criminals, and kleptocrats perfect the same techniques to shift funds and how these tactics negatively affect individuals, institutions, and countries.

The End Of Alchemy Money Banking And The Future Of The Global Economy


Author : Mervyn King
language : en
Publisher: W. W. Norton & Company
Release Date : 2016-03-21

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Download The End Of Alchemy Money Banking And The Future Of The Global Economy written by Mervyn King and has been published by W. W. Norton & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-21 with Business & Economics categories.


“Mervyn King may well have written the most important book to come out of the financial crisis. Agree or disagree, King’s visionary ideas deserve the attention of everyone from economics students to heads of state.” —Lawrence H. Summers Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his ten years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy he offers us an essential work about the history and future of money and banking, the keys to modern finance. The Industrial Revolution built the foundation of our modern capitalist age. Yet the flowering of technological innovations during that dynamic period relied on the widespread adoption of two much older ideas: the creation of paper money and the invention of banks that issued credit. We take these systems for granted today, yet at their core both ideas were revolutionary and almost magical. Common paper became as precious as gold, and risky long-term loans were transformed into safe short-term bank deposits. As King argues, this is financial alchemy—the creation of extraordinary financial powers that defy reality and common sense. Faith in these powers has led to huge benefits; the liquidity they create has fueled economic growth for two centuries now. However, they have also produced an unending string of economic disasters, from hyperinflations to banking collapses to the recent global recession and current stagnation. How do we reconcile the potent strengths of these ideas with their inherent weaknesses? King draws on his unique experience to present fresh interpretations of these economic forces and to point the way forward for the global economy. His bold solutions cut through current overstuffed and needlessly complex legislation to provide a clear path to durable prosperity and the end of overreliance on the alchemy of our financial ancestors.

Indian Capitalism In Development


Author : Barbara Harriss-White
language : en
Publisher: Routledge
Release Date : 2014-10-10

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Download Indian Capitalism In Development written by Barbara Harriss-White and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-10 with Social Science categories.


Recognising the different ways that capitalism is theorised, this book explores various aspects of contemporary capitalism in India. Using field research at a local level to engage with larger issues, it raises questions about the varieties and processes of capitalism, and about the different roles played by the state. With its focus on India, the book demonstrates the continuing relevance of the comparative political economy of development for the analysis of contemporary capitalism. Beginning with an exploration of capitalism in agriculture and rural development, it goes on to discuss rural labour, small town entrepreneurs, and technical change and competition in rural and urban manufacturing, highlighting the relationships between agricultural and non-agricultural firms and employment. An analysis of processes of commodification and their interaction with uncommodified areas of the economy makes use of the ‘knowledge economy’ as a case study. Other chapters look at the political economy of energy as a driver of accumulation in contradiction with both capital and labour, and at how the political economy of policy processes regulating energy highlights the fragmentary nature of the Indian state. Finally, a chapter on the processes and agencies involved in the export of wealth argues that this plays a crucial role in concealing the exploitation of labour in India. Bringing together scholars who have engaged with classical political economy to advance the understanding of contemporary capitalism in South Asia, and distinctive in its use of an interdisciplinary political economy approach, the book will be of interest to students and scholars of South Asian Politics, Political Economy and Development Studies.

The Achilles Heel Reader Routledge Revivals


Author : Victor Seidler
language : en
Publisher: Routledge
Release Date : 2012-07-26

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Download The Achilles Heel Reader Routledge Revivals written by Victor Seidler and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-26 with Psychology categories.


First published in 1991, The Achilles Heel Reader brings together key articles from Achilles Heel, the path-breaking and influential magazine of men's sexual politics. It also includes an important introduction by the editor, setting the magazine in its intellectual and historical context. Achilles Heel, first published in 1978, was a magazine which explored positive conceptions of masculinity and the ways in which men can change in response to the challenge of feminism. It sought to persuade men to take responsibility for the power they share as men in relation to women - and to use this responsibility both in their personal relationships and in challenging the political and social institutions and practices that embody such power. This selection covers crucial issues in men's lives - work, sexuality, children, relationships, family, class, sharing the experience of different masculinities - and brilliantly catches the tensions and anxieties of men trying to cope with the interplay between their sexuality and their political commitments. By bringing the personal and the political together The Achilles Heel Reader reconsiders basic questions of socialist theory and practice. It will be of great value to students of sociology, women's studies, politics and cultural studies, as well as those interested in feminism as part of a process of reworking socialism.

The Clash Of Capitalisms


Author : Ji Li
language : en
Publisher:
Release Date : 2018-05-24

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Download The Clash Of Capitalisms written by Ji Li and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-24 with Law categories.


Li explores foreign investors' compliance with host countries' laws, drawing from detailed data on Chinese direct investment in the US.

America S Achilles Heel


Author : Richard A Falkenrath
language : en
Publisher: MIT Press
Release Date : 1998-07-08

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Download America S Achilles Heel written by Richard A Falkenrath and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-07-08 with History categories.


This book focuses on the vulnerability of all open societies to loss of life from the covert or terrorist delivery of nuclear, biological, or chemical weapons. The passing of the Soviet threat has changed the nature of the mass-destruction threat to U.S. cities, making it necessary to update the strategic assumptions of defense policy. Nuclear, biological, and chemical (NBC) weapons share three characteristics: immense lethality, portability, and accessibility. A covert NBC attack could be carried out in peacetime or during war, and could target civilians, military forces, or infrastructure. The defining element of a covert attack is that the weapon is delivered against its target in a manner that cannot readily be distinguished from normal background traffic and activity. A covert NBC attack against the United States is a quintessential low-probability, high-consequence event. However, it is growing greater with time for three key reasons. These weapons are becoming more accessible to a wider range of groups. The predominance of military forces and the virtual invulnerability of the homeland to direct military attack leave international adversaries with few options other than unconventional threats. The nature of nonstate violence is changing in a way that strongly suggests risking NBC risks. The consequences of covert NBC attacks and terrorism are massive casualties, contamination, panic, degraded response capabilities, economic damage, loss of strategic position, and social-psychological damage and political change. Recommendations to reduce the vulnerability of the United States included establishing an NBC response center; reinvigorating the intelligence community, improving the detection of small-scale NBC weapons programs; and improving capability for post-attack attribution.

Confessions Of An Economic Hit Man


Author : John Perkins
language : en
Publisher: Berrett-Koehler Publishers
Release Date : 2004-11-09

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Perkins, a former chief economist at a Boston strategic-consulting firm, confesses he was an "economic hit man" for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business.