Author(s): Raymond Baker
Publish Date: 2005
For over forty years in more than sixty countries, Raymond Baker has witnessed the free-market system operating illicitly and corruptly, with devastating consequences. This fascinating journey through the global free-market system reveals how dirty money, poverty, and inequality are inextricably intertwined. Discover how small illicit transactions lead to massive illegalities, how staggering global income disparities are worsened by the illegalities that permeate international capitalism, and how Western banks and businesses use secret transactions and ignore laws while handling some $1 trillion in illicit proceeds each year. Baker also illustrates how businesspeople, criminals, and kleptocrats perfect the same techniques to shift funds and how these tactics negatively affect individuals, institutions, and countries.