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Title: FORGING CAPITALISM
ROGUES, SWINDLERS, FRAUDS AND THE RISE OF MODERN FINANCE
By: Ian Klaus
Format: Paperback

List price: £15.99
Our price: £14.39
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ISBN 10: 0300223595
ISBN 13: 9780300223590
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Publisher: YALE UNIVERSITY PRESS
Pub. date: 25 October, 2016
Series: Yale Series in Economic and Financial History
Pages: 296
Synopsis: A riveting history of raw capitalism that exposes the unscrupulousness at its heart Vice is endemic to Western capitalism, according to this fascinating, wildly entertaining, often startling history of modern finance. Ian Klaus's Forging Capitalism demonstrates how international financial affairs in the nineteenth century were conducted not only by gentlemen as a noble pursuit but also by connivers, thieves, swindlers, and frauds who believed that no risk was too great and no scheme too outrageous if the monetary reward was substantial enough. Taken together, the grand deceptions of the ambitious schemers and the determined efforts to guard against them have been instrumental in creating the financial establishments of today. In a story teeming with playboys and scoundrels and rich in colorful and amazing events, Klaus chronicles the evolution of trust through three distinct epochs: the age of values, the age of networks and reputations, and, ultimately, in a world of increased technology and wealth, the age of skepticism and verification.In today's world, where the questionable dealings of large international financial institutions are continually in the spotlight, this extraordinary history has great relevance, offering essential lessons in both the importance and the limitations of trust.
Illustrations: 4 b-w illus.
Publication: US
Imprint: Yale University Press
Returns: Returnable
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