It's not capitalism, it's not neoliberalism - what if it's something worse? In this radical and visionary new book, McKenzie Wark argues that information has empowered a new kind of ruling class. Through the ownership and control of information, this emergent class dominates not only labour but capital as traditionally understood as well. And it’s not just tech companies like Amazon and Google. Even Walmart and Nike can now dominate the entire production chain through the ownership of not much more than brands, patents, copyrights, and logistical systems. While techno-utopian apologists still celebrate these innovations as an improvement on capitalism, for workers—and the planet—it’s worse. The new ruling class uses the powers of information to route around any obstacle labor and social movements put up. So how do we find a way out? Capital Is Dead offers not only the theoretical tools to analyze this new world, but ways to change it. Drawing on the writings of a surprising range of classic and contemporary theorists, Wark offers an illuminating overview of the contemporary condition and the emerging class forces that control—and contest—it.
Dublin has experienced great—and often astonishing—change in its 1,400 year history. It has been the largest urban center on a deeply contested island since towns first appeared west of the Irish Sea. There have been other contested cities in the European and Mediterranean world, but almost no European capital city, David Dickson maintains, has seen sharper discontinuities and reversals in its history—and these have left their mark on Dublin and its inhabitants. Dublin occupies a unique place in Irish history and the Irish imagination. To chronicle its vast and varied history is to tell the story of Ireland. David Dickson’s magisterial history brings Dublin vividly to life beginning with its medieval incarnation and progressing through the neoclassical eighteenth century, when for some it was the “Naples of the North,” to the Easter Rising that convulsed a war-weary city in 1916, to the bloody civil war that followed the handover of power by Britain, to the urban renewal efforts at the end of the millennium. He illuminates the fate of Dubliners through the centuries—clergymen and officials, merchants and land speculators, publishers and writers, and countless others—who have been shaped by, and who have helped to shape, their city. He reassesses 120 years of Anglo-Irish Union, during which Dublin remained a place where rival creeds and politics struggled for supremacy. A book as rich and diverse as its subject, Dublin reveals the intriguing story behind the making of a capital city.
A noted investment counselor presents a guide on how to become a successful investor, with advice on market cycles, stock market investments, and non-stock opportunities, such as real estate, collectibles, gold, and fine art
"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. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it."--Provided by publisher.
Washington, D.C., is home to the most influential power brokers in the world. But how did we come to call D.C.—a place one contemporary observer called a mere swamp "producing nothing except myriads of toads and frogs (of enormous size)," a district that was strategically indefensible, captive to the politics of slavery, and a target of unbridled land speculation—our nation's capital? In Washington, acclaimed and award-winning author Fergus M. Bordewich turns his eye to the backroom deal making and shifting alliances between our Founding Fathers and in doing so pulls back the curtain on the lives of slaves who actually built the city. The answers revealed in this eye-opening book are not only surprising and exciting but also illuminate a story of unexpected triumph over a multitude of political and financial obstacles, including fraudulent real estate speculation, overextended financiers, and management more apt for a "banana republic" than an emerging world power. In this page-turning work that reveals the hidden and somewhat unsavory side of the nation's beginnings, Bordewich, once again, brings his novelist's sensibility to a little-known chapter in American history.
A fascinating story of a legendary dealmaker who masterminded an unprecedented merger Citigroup CEO Sandy Weill orchestrated many deals over his legendary forty-five year career—none bigger than the 1998 epic merger of Travelers and Citibank to create the international conglomerate, Citigroup. King of Capital tells the compelling story of how this complex man revolutionized the banking world and transformed Citigroup through a combination of mergers and powerplays. Throughout his entire career Weill has created successful businesses out of smaller, seemingly unworkable pieces; filled product vacuums no one else even realized were void; and forced issues that no one else had the gumption to tackle. His daring dealmaking tactics were never more evident than while forming Citigroup, as he lobbied Congress to deregulate the financial services industry and ousted his co-CEO in a public power struggle. Through an engaging narrative by financial writers Amey Stone and Mike Brewster, King of Capital chronicles the legacy of Sandy Weill that began taking shape in 1970 with the creation of Shearson, was honed during his tenure at American Express, and continues as he leads one of the world's largest banks. Along with probing Weill's signature business deals, King of Capital traces the path this feared, envied, and admired man took to get to the top. Readers will gain valuable insight into the strategies and tactics of this admired dealmaker-including his ability to turn a workforce into a family, with all the love, loyalty, battles and heartbreaks. What distinguishes Weill from the run-of-the mill executive is a laser-like focus on what he wants, trust in his lieutenants, and incredible belief in himself-conviction that he did not always possess. Weill, cowed by Bensonhurst bullies as a child, hazed as a military school plebe, intimidated by the strong personalities of some his early partners, has defied all expectations to become a CEO whose deals have had lasting impact on global finance and the economy. Amey Stone (New York, NY) has more than ten years of experience as a financial writer. Currently, she is an Associate Editor at BusinessWeek Online, where she cowrites the daily "Street Wise" column, and is responsible for writing many of the site's lead stories on business trends, technology, and the economy, including several articles covering Citigroup and Sandy Weill. Mike Brewster (New York, NY) is an accomplished writer, editor and financial services professional. He recently launched a career magazine called Leaders Online.
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
