内容简介
AcompellingexplanationofhowthelawshapesthedistributionofwealthCapitalisthedefiningfeatureofmoderneconomies,yetmostpeoplehavenoideawhereitactuallycomesfrom.Whatisit,exactly,thattransformsmerewealthintoanassetthatautomaticallycreatesmorewealth?TheCodeofCapitalexplainshowcapitaliscreatedbehindcloseddoorsintheofficesofprivateattorneys,andwhythislittle-knownfactisoneofthebiggestreasonsforthewideningwealthgapbetweentheholdersofcapitalandeverybodyelse.Inthisrevealingbook,KatharinaPistorarguesthatthelawselectively“codesâ€�certainassets,endowingthemwiththecapacitytoprotectandproduceprivatewealth.Withtherightlegalcoding,anyobject,claim,orideacanbeturnedintocapitalâ€"andlawyersarethekeepersofthecode.Pistordescribeshowtheypickandchooseamongdifferentlegalsystemsandlegaldevicesfortheonesthatbestservetheirclients’needs,andhowtechniquesthatwerefirstperfectedcenturiesagotocodelandholdingsascapitalarebeingusedtodaytocodestocks,bonds,ideas,andevenexpectationsâ€"assetsthatexistonlyinlaw.Apowerfulnewwayofthinkingaboutoneofthemostperniciousproblemsofourtime,TheCodeofCapitalexploresthedifferentwaysthatdebt,complexfinancialproducts,andotherassetsarecodedtogivefinancialadvantagetotheirholders.Thisprovocativebookpaintsatroublingportraitofthepervasiveglobalnatureofthecode,thepeoplewhoshapeit,andthegovernmentsthatenforceit.