Capital of Capital

Capital of Capital
Author: Steven H. Jaffe
Publisher: Columbia University Press
Total Pages: 306
Release: 2014-05-06
Genre: Business & Economics
ISBN: 0231169108

From Revolutionary-era bank notes and stock and bond trading during the Civil War to the invention of modern mortgages and the 2008 financial collapse, Capital of Capital explores how New York City gave rise to a banking industry that in turn made the American and worldÕs economy. In addition to exploring the frequently contentious evolution of the banking industry, the book examines the role of banks in making New York City an international economic center and its influence on AmericaÕs economy, politics, society, and culture. Based on a major exhibit at the Museum of the City of New York, Capital of Capital profiles the key leaders and critics of banking, such as Alexander Hamilton, the Rockefellers, and the Occupy Wall Street protesters. The book also covers the key events and controversies that have shaped the history of banking and includes a fascinating array of primary materials ranging from speeches and political documents to advertisements and journalistic accounts. Lavishly illustrated, Capital of Capital provides a multifaceted, original understanding of the profound impact of banking on the life of New York City and the worldÕs economy.

Capital

Capital
Author: Kenneth Goldsmith
Publisher: Verso Books
Total Pages: 928
Release: 2016-03-08
Genre: Art
ISBN: 1784781576

Acclaimed artist Kenneth Goldsmith’s thousand-page homage to New York City Here is a kaleidoscopic assemblage and poetic history of New York: an unparalleled and original homage to the city, composed entirely of quotations. Drawn from a huge array of sources—histories, memoirs, newspaper articles, novels, government documents, emails—and organized into interpretive categories that reveal the philosophical architecture of the city, Capital is the ne plus ultra of books on the ultimate megalopolis. It is also a book of experimental literature that transposes Walter Benjamin’s unfinished magnum opus of literary montage on the modern city, The Arcades Project, from nineteenth-century Paris to twentieth-century New York, bringing the streets and its inhabitants to life in categories such as “Sex,” “Central Park,” “Commodity,” “Loneliness,” “Gentrification,” “Advertising,” and “Mapplethorpe.” Capital is a book designed to fascinate and to fail—for can a megalopolis truly ever be captured in words? Can a history, no matter how extensive, ever be comprehensive? Each reading of this book, and of New York, is a unique and impossible project.

The Code of Capital

The Code of Capital
Author: Katharina Pistor
Publisher: Princeton University Press
Total Pages: 315
Release: 2020-11-03
Genre: Business & Economics
ISBN: 0691208603

"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.

Capital in the Twenty-First Century

Capital in the Twenty-First Century
Author: Thomas Piketty
Publisher: Harvard University Press
Total Pages: 817
Release: 2017-08-14
Genre: Business & Economics
ISBN: 0674979850

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.

Capital: A Novel

Capital: A Novel
Author: John Lanchester
Publisher: W. W. Norton & Company
Total Pages: 528
Release: 2012-06-11
Genre: Fiction
ISBN: 039308910X

"A vibrant piece of fiction, pulsating with events and emotions…Seems destined to be read a hundred years from now." —Martin Rubin, Los Angeles Times Each house on Pepys Road, an ordinary street in London, has seen its fair share of first steps and last breaths, and plenty of laughter in between. But each of the street’s residents—a rich banker and his shopaholic wife, a soccer prodigy from Senegal, Pakistani shop owners, a dying old woman and her graffiti-artist son—is receiving a menacing postcard with a simple message: "We Want What You Have." Who is behind this? What do they really want? In Capital, John Lanchester ("an elegant and wonderfully witty writer"—New York Times) delivers a warm and compassionate novel that captures the anxieties of our time—property values going up, fortunes going down, a potential terrorist around every corner—with an unforgettable cast of characters.

City of Capital

City of Capital
Author: Bruce G. Carruthers
Publisher: Princeton University Press
Total Pages: 317
Release: 1999-12-19
Genre: Business & Economics
ISBN: 0691049602

"While many have examined how economic interests motivate political action, Bruce Carruthers explores the reverse relationship by focusing on how political interests shape a market. He sets his inquiry within the context of late Stuart England, when an active stock market emerged and when Whig and Tory parties vied for control of a newly empowered Parliament. Probing such connections between politics and markets at both institutional and individual levels, Carruthers ultimately argues that competitive markets are not inherently apolitical spheres guided by economic interest but rather ongoing creations of social actors pursuing multiple goals." -- BACK COVER.

The Capital: A Novel

The Capital: A Novel
Author: Robert Menasse
Publisher: Liveright Publishing
Total Pages: 416
Release: 2019-06-18
Genre: Fiction
ISBN: 1631495720

Winner of the German Book Prize, The Capital is an “omniscient, almost Balzac-ian” (Steven Erlanger, New York Times) panorama of splintered Europe. A highly inventive novel of ideas written in the rich European tradition, The Capital—epic in scope, but so particular in details—transports readers to the cobblestoned streets of twenty-first-century Brussels. Chosen as the European Union’s symbolic capital in 1958 for no reason other than Belgium coming first alphabetically, this elusive setting has never been examined so intricately in literature. Here, in Robert Menasse’s “great EU novel” (Politico), tragic heroes, clever schemers, and involuntary accomplices play out the effects of a fiercely nationalistic “union.” Recalling the Balzacian conceit of assembling a vast parade of characters whose lives conspire to form a driving central plot, Menasse adapts this technique with modern sensibility to reveal the hastily assembled capital in all of its eccentricities. We meet, among others, Fenia Xenopoulou, a Greek Cypriot recently “promoted” to the Directorate-General for Culture. When tasked with revamping the boring image of the European Commission with the Big Jubilee Project, she endorses her Austrian assistant Martin Sussman’s idea to proclaim Auschwitz as its birthplace—of course, to the horror of the other nation states. Meanwhile, Inspector Émile Brunfaut attempts to solve a gritty murder being suppressed at the highest level; Matek, a Polish hitman who regrets having never become a priest, scrambles after taking out the wrong man; and outraged pig farmers protest trade restrictions as a brave escapee squeals through the streets. These narratives and more are masterfully woven, revealing the absurdities—and real dangers—of a fracturing Europe. A tour de force from one of Austria’s most esteemed novelists, The Capital is a mordantly funny and piercingly urgent saga of the European Union, and an aerial feat of sublime world literature.

Capital Rules

Capital Rules
Author: Rawi Abdelal
Publisher: Harvard University Press
Total Pages: 250
Release: 2009-09-30
Genre: Business & Economics
ISBN: 0674034554

"The rise of global financial markets in the last decades of the twentieth century was premised on one fundamental idea: that capital ought to flow across country borders with minimal restriction and regulation. Freedom for capital movements became the new orthodoxy. In an intellectual, legal, and political history of financial globalization, Rawi Abdelal shows that this was not always the case. Transactions routinely executed by bankers, managers, and investors during the 1990s—trading foreign stocks and bonds, borrowing in foreign currencies—had been illegal in many countries only decades, and sometimes just a year or two, earlier. How and why did the world shift from an orthodoxy of free capital movements in 1914 to an orthodoxy of capital controls in 1944 and then back again by 1994? How have such standards of appropriate behavior been codified and transmitted internationally? Contrary to conventional accounts, Abdelal argues that neither the U.S. Treasury nor Wall Street bankers have preferred or promoted multilateral, liberal rules for global finance. Instead, European policy makers conceived and promoted the liberal rules that compose the international financial architecture. Whereas U.S. policy makers have tended to embrace unilateral, ad hoc globalization, French and European policy makers have promoted a rule-based, “managed” globalization. This contest over the character of globalization continues today."

Capital City

Capital City
Author: Samuel Stein
Publisher: Verso Books
Total Pages: 242
Release: 2019-03-05
Genre: Social Science
ISBN: 1786636387

“This superbly succinct and incisive book couldn’t be more timely or urgent.” —Michael Sorkin, author of All Over the Map Our cities are changing. Around the world, more and more money is being invested in buildings and land. Real estate is now a $217 trillion dollar industry, worth thirty-six times the value of all the gold ever mined. It forms sixty percent of global assets, and one of the most powerful people in the world—the president of the United States—made his name as a landlord and developer. Samuel Stein shows that this explosive transformation of urban life and politics has been driven not only by the tastes of wealthy newcomers, but by the state-driven process of urban planning. Planning agencies provide a unique window into the ways the state uses and is used by capital, and the means by which urban renovations are translated into rising real estate values and rising rents. Capital City explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.

Capital

Capital
Author: Charles D. Ellis
Publisher: John Wiley & Sons
Total Pages: 359
Release: 2011-07-20
Genre: Business & Economics
ISBN: 1118160908

Go inside the elite investment firm with Capital. The Capital Group is one of the world?s largest investment management organizations, but little is known about it because the company has shunned any type of publicity. This compelling book, for the first time, takes you inside one of the most elite and private investment firms out there?the Capital Group Companies?a value investment firm par excellence. It digs deeps to reveal the corporate culture and long-term investment strategies that have made Capital the one organization where most investment professionals would like to work and would most recommend as long-term investment managers for their family and friends.