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010 _a 2018965763
020 _a9780691178974
_q(hardcover)
020 _a0691178976
_q(hardcover)
035 _a(OCoLC)on1059253097
040 _aYDX
_beng
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050 0 0 _aHB501
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082 0 0 _a332.041
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084 _a83.30
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090 _a332.041
_bP679t
100 1 _aPistor, Katharina,
_eauthor.
245 1 4 _aThe code of capital :
_bhow the law creates wealth and inequality /
_cKatharina Pistor.
246 3 0 _aHow the law creates wealth and inequality
264 1 _aPrinceton :
_bPrinceton University Press,
_c2019.
300 _a297 p.
_c25 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
520 _a"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 ... 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."--Provided by publisher.
650 0 _aCapital.
650 0 _aProfit.
650 0 _aIncome distribution.
650 0 _aLaw
_xEconomic aspects.
650 0 _aLawyers.
650 0 _aLaw and globalization.
650 7 _aLaw
_xEconomic aspects.
650 7 _aCapital.
650 7 _aIncome distribution.
650 7 _aProfit.
906 _a7
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