Coverart for item
The Resource Sabotage : the hidden nature of finance, Anastasia Nesvetailova and Ronen Palan

Sabotage : the hidden nature of finance, Anastasia Nesvetailova and Ronen Palan

Label
Sabotage : the hidden nature of finance
Title
Sabotage
Title remainder
the hidden nature of finance
Statement of responsibility
Anastasia Nesvetailova and Ronen Palan
Creator
Contributor
Author
Subject
Language
eng
Summary
"The fundamental motive for financial innovation is not to make the system work better, but to avoid regulation and oversight. This is not a bug of the financial system, but a built-in feature. The president of the US is not a tax avoider because he is an especially fraudulent financier; he's a tax avoider because he is a wealthy man in a system premised on such deceit. Finance is an industry of sabotage. This book is a brilliant, intellectual detective story that traces the origins of financial sabotage, starting with the work of a prescient American economist who saw the capacity for banks and businesses to dissemble and profit as early as the 1920s. What was accomplished modestly in the first half of the 20th century became a booming global industry in the 1980s. Financialization took over everything, culminating in instruments so complex and confusing their own creators were being destroyed by them in 2008. With each financial bust, people expect to hear who the culprit was, and cynically know to not expect much punishment to ever reach them. But the innovation of this book is to show that each individual gaming the system isn't a crook---the whole system is sabotage"--
Tone
Writing style
Assigning source
Provided by publisher
http://library.link/vocab/ext/novelist/bookUI
10844295
Cataloging source
DLC
http://library.link/vocab/creatorName
Nesvetailova, Anastasia
Dewey number
332.0973
Index
index present
LC call number
HC103
LC item number
.N45 2020
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorDate
1957-
http://library.link/vocab/relatedWorkOrContributorName
Palan, Ronen
http://library.link/vocab/resourcePreferred
True
http://library.link/vocab/subjectName
  • United States
  • Monetary policy
  • Finance
  • Recessions
  • Financial crises
http://bibfra.me/vocab/lite/titleRemainder
the hidden nature of finance
Label
Sabotage : the hidden nature of finance, Anastasia Nesvetailova and Ronen Palan
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 203-216) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
2019033094
Dimensions
22 cm
Edition
First edition.
Extent
x, 260 pages
Isbn
9781610399685
Lccn
2019033094
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
(OCoLC)1111650547
Label
Sabotage : the hidden nature of finance, Anastasia Nesvetailova and Ronen Palan
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 203-216) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
2019033094
Dimensions
22 cm
Edition
First edition.
Extent
x, 260 pages
Isbn
9781610399685
Lccn
2019033094
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
(OCoLC)1111650547

Library Locations

    • Carver BranchBorrow it
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      30.2695584 -97.7240278
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      30.2713021 -97.7460168
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      30.2166039 -97.79733689999999
    • St. John BranchBorrow it
      7500 Blessing Ave., Austin, TX, 78752, US
      30.3328231 -97.6937014
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