Capital without Borders: Wealth Managers and the One Percent

I've been doing a lot of study of late on the current FIRE sector (I was once a risk analyst in subprime), focused in particular on issues of corruption / white-collar crime, pluto-kleptocracy, and socioeconomic (in)justice. Dr. Harrington's book kept me glued to the pages. Her writing style is exemplary—i.e., it's so smoothly eloquent it's invisible, leaving you with frictionless absorption of her broad and deep material and her analyses.The explications of the historical underpinnings of what is now hyper-mobile capital were great fun to read.Quadrangulate this book with Pistor's "The Code of Capital," Chayes' "Corruption in America," and Burgis' "Kleptopia" and you will have a disconcertingly clear picture of things. The challenges to Democracy are rather stark. Highly recommend this book.

A whole new and undisclosed world loved by the ultra wealthy people. It may be a bit heavy in terms of details, but still an interesting read.

If you want to preserve your wealth and not get over charged for poor personalized wealth management one size fits all approach read this book. I save 100’s of thousands of dollars in fees by reading this and thus making a far superior wealth management plan by myself for myself than any other human could have done.

Many kudos to the author for having the dedication to undergo the rigorous training to become a STEP practitioner just to be able to interview people for this book.My only complaint is that a bit of the punch in learning about these shadowy elites sometimes gets lost in the authors ultra scholarly voice.

Good overview - of how wealth management originated and evolved up to and beyond the Panama Papers - as useful for people looking for wealth management as those who are perturbed by it.

The author documents important factors in the rise of economic inequality and the mechanisms by which this is being transformed from meritocratic income to inherited and self perpetuating privilege. The rise of trusts and wealth management is having a tremendous impact on the governability of democracies by at once stripping them of taxable wealth and forcing them, in their attempts to retain wealth from flight to tax havens, to drastically reduce revenue gathering from the rich. This forces further regressive taxation on working people and cuts in services to working people, amplifying the divide separating those who produce from those who reap the rewards. Read this book as a companion to Piketty's "Capital in the 21st Century."

The topic is very interesting, but I didn't enjoy this book as much as I hoped I would.One of the "hooks" of the book is that the author was able to gain a high degree of access to the wealth management community, and because of this I was hoping for a heavy dose of specific examples and anecdotes. However, those felt few and far between. Instead, there was a lot of discussion of wealth management techniques generally and how the field has changed over time, all presented in a way that felt a bit more like an academic paper than a book. There was also quite a bit of repetition in the form of references to things that had already been discussed or were about to be discussed.

The book is supposed to be some kind of a research. But there are no research results that another researcher can repeat and get the same results. Every thing is based on "person A said A" and later on this is regarded as prove just because person "A" as reported in chapter XXX said so. on top of this, the author uses unnecessary complicated ENGLISH. The topic is fascinating , there was an enormous effort put in to make it comprehensive, and to sum it all up a very enlightening book. Thank you.

A book for everyone who wants to understand the global economy, the bussiness of wealth management and especially the british empire of tax havens.

A social scientist goes inside the world of ultra high wealth individuals by taking the academic courses that the professionals who service the needs of the ultra wealthy take. Now that is what I call dedication to the cause. I read this book in conjunction with Professor Michael Hudson's J is for Junk Economics, Richard Wolff's Capitalisms Crisis Deepens and Nancy McLeans Democracy in Chains. If we want a better world, all we need to do is turn off the television and read books like these. I am happy to support such authors by purchasing and recommending their works.

Crisply written, well-sourced, using an impressive breadth of sources, this study of the emerging global profession of wealth managers displays an excellent historical grasp. Part ethnography, part historical study, wearing its analytical framing lightly, the author provides an enlightening insight into a key feature of how the modern, globalised world works.

recibí el producto a mi entera satisfaccion

Really great book, exploring the subject from a different perspective. Well written and easy to read.