Dirty Secrets: How Tax Havens Destroy the Economy

Murphy, R. (2017). Dirty Secrets: How Tax Havens Destroy the Economy. Verso. ISBN 9781786631671

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Abstract

What happens when the rich are allowed to hide their money in tax havens, and what we should do about it
The Panama Papers were a reminder of how the superrich are allowed to hide their wealth from the rest of us. Dirty Secrets uncovers the extent of the corruption behind this crisis and shows what needs to be done in the face of this unregulated spread of rampant greed.

Tax havens, we are often told, are part of the global architecture of capitalism, providing a freedom from regulation necessary to make markets work. In this book, leading authority Richard Murphy uncovers the truth behind this lie. The fact of the matter is that this increasingly popular practice threatens the foundations of democracy, sowing mistrust and creating a regime based upon opacity.

As Murphy shows, how we manage our economy is a political decision, and one that can be changed. Dirty Secrets proposes ways to regulate tax havens and what the world might look like without them.

Item Type: Book
Additional Information: © Richard Murphy 2017
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HF Commerce
H Social Sciences > HF Commerce > HF5601 Accounting
J Political Science > JA Political science (General)
J Political Science > JC Political theory
J Political Science > JF Political institutions (General)
Divisions: School of Social Sciences > Department of International Politics
URI: http://openaccess.city.ac.uk/id/eprint/16535

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