Two star authors show why the financial sector is an 'industry of sabotage', with systemic malpractice at the heart of its business model.
Anastasia Nesvetailova is the Director of the City Political
Economy Research Centre and author of numerous academic and media
articles on financial crises and stability. She teaches at City
University, London.
Ronen Palan is Professor of International Political Economy at City
University, London. he was written extensively on the political
economy of the state and globalisation, as well as specialising in
offshore finance.
Sabotage is a great book. It lifts the lid on shocking, systematic
abuses, of which every user of financial services needs to be
aware. It ought to be required reading for every civil servant,
regulator and politician in the UK and elsewhere.
*Literary Review*
If you're a progressive, in Britain or elsewhere, and if you think
the movement needs fresh ideas, read this book, it's full of them.
Then get to work.
*The Guardian*
Distinctive, fresh and well-justified... Sabotage deserves high
praise for fulfilling the most valuable injunction of all when it
comes to catastrophic crises with terrible human costs: never
forget.
*New Statesman*
Nesvetailova and Palan trace how financiers have corrupted the
purpose of the corporation, undermined our tax authorities, foxed
the regulators, evaded the forces of law and order, and generally
rigged markets in their favour. There's a word for all this -
sabotage. And as it has unfolded, finance has been steadily
sabotaging our democracies. This lucid, persuasive and timely new
book hits the nail on the head.
*Nicholas Shaxson, author of Treasure Islands: Tax Havens and the
Men Who Stole the World*
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