Ce Débat de l’égalité aura lieu le 5 septembre 2019 de 18h à 19h30 et sera dédié à la présentation de The Code of Capital, de Katharina Pistor. La conférence se tiendra en anglais.
Retrouvez le chapitre 1 de l’ouvrage en libre accès
“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.”
Katharina Pistor est professeure de droit comparé et directrice du Center on Global Legal Transformation de la Columbia Law School. Elle est coauteure de Law and Capitalism: What Corporate Crises Reveal about Legal Systems and Economic Development around the World et coéditrice de Governing Access to Essential Resources.
Katharina Pistor, The Code of Capital, Princeton University Press, mai 2019.
Le débat se tiendra à la Paris School of Economics : 48 boulevard Jourdan, 75014 Paris – Salle R2.21, 2e étage