A01=Raymond W. Baker
Author_Raymond W. Baker
bribery
capitalisms achilles heel
Category=KJ
corrosive effects
corruption
dirty
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_nobargain
eq_non-fiction
financial
funds
illicit
inspire
investigations
law
legal
money
move
others
passion
pioneer
poor distribution
research
rule
social
subject
transfer
world
Product details
- ISBN 9781119086611
- Weight: 599g
- Dimensions: 152 x 229mm
- Publication Date: 30 Jun 2015
- Publisher: John Wiley & Sons Inc
- Publication City/Country: US
- Product Form: Paperback
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For over forty years in more than sixty countries, Raymond Baker has witnessed the free-market system operating illicitly and corruptly, with devastating consequences. In Capitalism’s Achilles Heel, Baker takes readers on a fascinating journey through the global free-market system and reveals how dirty money, poverty, and inequality are inextricably intertwined. Readers will discover how small illicit transactions lead to massive illegalities and how staggering global income disparities are worsened by the illegalities that permeate international capitalism. Drawing on his experiences, Baker shows how Western banks and businesses use secret transactions and ignore laws while handling some $1 trillion in illicit proceeds each year. He also illustrates how businesspeople, criminals, and kleptocrats perfect the same techniques to shift funds and how these tactics negatively affect individuals, institutions, and countries.
Raymond W. Baker, after a long career in international business, is a guest scholar at The Brookings Institution and a Senior Fellow at the Center for International Policy, both located in Washington, D.C. He appears often on television and radio in the United States and overseas and often testifies before House and Senate committees. Baker has an MBA from Harvard, lived in Africa for many years, and has done business across much of the developing world.
