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Sabotage: The Hidden Nature of Finance book cover by Ronen Palan, Anastasia Nesvetailova
Hardcover

Sabotage: The Hidden Nature of Finance

by Anastasia Nesvetailova and Ronen Palan

$21.24 / copy at 25+ copies As low as $17.64 at 1,000+Your best volume price

Hardcover · 272 pages PublicAffairs · 2020

Format

Hardcover
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About the book

Sabotage

I don't like the word 'sabotage',"--a former Goldman Sachs trader admitted. "It's just harsh.... Though, frankly, how else do you make money in this business...I mean, real money."

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.


The book, Sabotage: The Hidden Nature of Finance [Bulk, Wholesale, Quantity] ISBN#9781610399685 in Hardcover by Ronen Palan, Anastasia Nesvetailova may be ordered in bulk quantities. Minimum starts at 25 copies. Availability based on publisher status and quantity being ordered.

Details

Publisher
PublicAffairs
Authors
Anastasia Nesvetailova, Ronen Palan
Language
English
Format
Hardcover
Published
Jan 28, 2020
Pages
272
ISBN-13
9781610399685
ISBN-10
1610399684
Carton quantity
20 copies
Printing
Printed on demand
Buying for a group

Sabotage in bulk: pricing

Volume pricing applies automatically in your cart. No codes, no account needed.

CopiesPrice per copyYou save
25 – 99 $21.24 41% off list
100 – 249 $20.16 44% off list
250 – 499 $19.08 47% off list
500 – 999 $18.36 49% off list
1,000+ $17.64 51% off list
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