The City: London and the Global Power of Finance

The City: London and the Global Power of Finance

Radical insiderâ€™s account of how the city of London really works

The City, as Londonâ€™s financial centre is known, is the worldâ€™s biggest international banking and foreign exchange market, shaping the development of global capital. It is also, as this groundbreaking book reveals, a crucial part of the mechanism of power in the world economy.

Based on the authorâ€™s twenty yearsâ€™ experience of City dealing rooms, The City is an in-depth look at world markets and revenues that exposes how this mechanism works. All big international companiesâ€”not just the banksâ€”utilise this system, and The City shows how the operations of the City of London are critical both for British capitalism and for world finance.

Tony Norfield details, with shocking and insightful research, the role of the US dollar in global trading, the network of Britishlinked tax havens, the flows of finance around the world and the system of power built upon financial securities. Why do just fifty companies now have control of a large share of world economic production? The City explains how this situation came about, examining the history of the world economy from the postwar period to the present day.

If you imagine you donâ€™t like â€œfinanceâ€ but have no problem with the capitalist market system, think again: it turns out the two cannot be separated.
Country USA
Brand Verso
Manufacturer Verso
Binding Hardcover
Color Multicolor
ReleaseDate 2016-04-12
UnitCount 1
EANs 9781784783662

Country	USA
Brand	Verso
Manufacturer	Verso
Binding	Hardcover
Color	Multicolor
ReleaseDate	2016-04-12
UnitCount	1
EANs	9781784783662

The City: London and the Global Power of Finance

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