Current Affairs / International Relations
For more than four decades in more than 60 countries, Raymond Baker has seen the free market system operate illegally and corruptly, with far more serious consequences. In Achilles Heel of Capitalism, B Baker takes students on an exciting journey through a free global market system and reveals how money, poverty, and inequality are inextricably linked. Students will discover how small illicit transactions lead to big laws and how global income inequality exacerbates the full legitimacy of international capitalism. Drawing on his experience, Baker shows how Western banks and businesses use private transactions and ignore laws while managing $ 1 trillion illegally obtained annually. It also shows how businessmen, criminals, and executives work out similar ways of exchanging money and how these strategies affect individuals, institutions and countries.
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