Download The Code of Capital: How the Law Creates Wealth and Inequality Audiobook

The Code of Capital: How the Law Creates Wealth and Inequality Audiobook, by Katharina Pistor Extended Sample Click for printable size audiobook cover
Author: Katharina Pistor Narrator: Laural Merlington Publisher: Tantor Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date: October 2019 ISBN: 9781541431898
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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 revealing 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. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. Download and start listening now!

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About the Narrator

Laural Merlington is an audiobook narrator with over two hundred titles to her credit and a winner of multiple Earphones Awards. An Audie Award nominee, she has also directed over one hundred audiobooks. She has performed and directed for thirty years in theaters throughout the country. In addition to her extensive theater and voice-over work, she teaches college in her home state of Michigan.