Richard’s Reviews > Capitalism: A Global History > Status Update
Richard
is on page 1081 of 1344
“For them and many other members of the 1 percent, assets were to be moved wherever they could escape the state's grasp: In Geneva's landlocked "free port," highly protected warchouses stored what was probably the world's greatest art collection-1.2 million pieces, including 1,000 Picassos—and allowed owners to trade or mortgage their art without triggering any estate or sales taxes.
— Jul 17, 2026 04:18PM
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Richard
is on page 1081 of 1344
Hiding wealth offshore became common, with tax havens in the mid-2010s harboring assets equal to almost 10 percent of the global GDP. It has been estimated that in some countries, including Britain, Spain, and France, the wealthiest 0.01 percent hold as much as 30 to 40 percent of their liquid assets in these havens.”
— Jul 17, 2026 04:18PM
Richard
is on page 1066 of 1344
“The story of capitalism is often made from its margins, not its centers.” Sven Beckert
— Jul 17, 2026 03:50PM
Richard
is on page 1059 of 1344
“Capitalism is the only religion without taboos.”
Achille Mbembe
— Jul 17, 2026 03:36PM
Achille Mbembe