Nicholas Shaxson
Born
The United Kingdom
Genre
More books by Nicholas Shaxson…
“One is that the offshore system is perhaps the strongest determinant of how political and economic power works in this world. It helps rich people, companies and countries stay on top, for no good economic or political reason. It’s the battleground of the rich versus the poor, you versus the corporations, the havens against the democracies – and in each battle, unless you’re very rich, you are losing.”
― Treasure Islands: Tax Havens and the Men who Stole the World
― Treasure Islands: Tax Havens and the Men who Stole the World
“Just as European nobles used to consolidate their unaccountable powers in castles, to better subjugate and extract tribute from the surrounding peasantry, so financial capital has coalesced in these fortified nodes of unaccountable political and economic power, capturing local politics and turning these jurisdictions into fast and flexible private law-making machines, defended against outside interference and protected by establishment consensus and the suppression of dissent.”
― Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens
― Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens
“So Eurodollars were in one sense dollars like any other, but in another sense they were different because they had escaped into a market outside government control, where they could behave freely. It’s a bit like taking someone from their family home in the suburbs to a wild part of town and offering them whisky and cocaine. They are the same person but also different – more fun but also more irresponsible.”
― The Finance Curse: How Global Finance Is Making Us All Poorer
― The Finance Curse: How Global Finance Is Making Us All Poorer
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