eBook - PDF

Hidden Empire of Finance

Name: Hidden Empire of Finance
ISBN: 9781478061762

How Wall Street Profits from Our Cities and Fuels Global Inequality

Michael Goldman,

329 pages
English
PDF
Available on iOS & Android

eBook - PDF

Hidden Empire of Finance

How Wall Street Profits from Our Cities and Fuels Global Inequality

Michael Goldman,

About this book

Hidden Empire of Finance follows the rise of new global cities, tracing their roots back to the 1970s proliferation of neoliberalism and following their fate in the wake of the 2008 financial collapse. As India, China, and other nations sought to develop urban infrastructures that could compete with western hubs like New York, Paris, and London, large-scale flows of capital intruded into national economies as speculative investment in the growing real estate market. A web of opaque financial products, such as collateralized debt and real estate investment trusts, became alternative vehicles for these investments, resulting in vast networks of public goods and services that are now owned and controlled by major financial firms located oceans away. Michael Goldman shows that speculative urbanism relies on dispossession and the racialization of institutional practices to fuel finance's insatiable appetite for capital, determining the ways cities across the global South and North are governed.

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Yes, you can access Hidden Empire of Finance by Michael Goldman in PDF and/or ePUB format, as well as other popular books in Social Sciences & Globalisation. We have over one million books available in our catalogue for you to explore.