Out today, from all good bookshops and some other outlets as well:
The UK publisher (Verso) says of the book:
What happens when the rich are allowed to hide their money in tax havens, and what we should do about it? The Panama Papers demonstrated that the superrich hide their wealth from the rest of us. Dirty Secrets shows that this was not by accident, but by design. It was the result of a powerful alliance of the wealthy, their advisers and the state that has undermined all attempts to solve the tax haven problem.
This is because tax havens are the unacknowledged heart of globalized capitalism. Their purpose is to provide freedom from regulation. The exponents say this makes markets work and so we all gain. But this argument has now failed. Furthermore democracy itself is being threatened by the political fallout from the mistrust this regime has created.
The result is that tax havens are now a threat to the very system that supposedly spawned it. Dirty Secrets is the most revelatory examination of the crisis by a leading expert, but also offers solutions on how governments can regulate havens and what the world might look like without them.
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“Can’t wait for the English translation to come out” was a comment left in the reviews of my last book for Verso.
I hope your reviewers are kinder.
I admit Verso are an unisual publisher
And that this book was edited very much more than was The Joy of Tax
I’m not surprised!
I will acquire a copy, the English version. Suggest you add this to your blog side bar…
Agree: needs to be done
But it’s a teaching day…..
Congratulations on getting the book out there. I hope it will be a big success in raising this issue.
Most people do not understand that money can only exist because there is tax, it is an essential component in the loop.
Tax havens are leaks in the money circuit, stagnant pools where money festers and ceases to fulfil its function, and all except a very few suffer as a result.
Agreed, entirely
Most people don’t understand either that the core purpose of having money in the first place is to act as a communication device which enables us to contract with each other for goods and services. Facilitate a leak and the availability of money in active circulation to do contracting with each other shrinks triggering recession.
Aaaggghhh!
Another one to read!
I’m falling behind!
I have to say that I do not know how you do it Richard.
Admirable.
Two more under way
But they will be a while yet
Two more!!
Lordy!
Errmm……………..please take your time.