Licensed Larceny

Infrastructure, Financial Extraction and the Global South

Nicholas Hildyard, Mick Moran

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Hardback

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English

Manchester University Press
17 June 2016

Economics & Business; Political economy; Economic geography

Series: Manchester Capitalism

Inequality is not just a problem of poverty and the poor; it is as much a problem of wealth and the wealthy. The provision of public services is one area which is increasingly being reconfigured to extract wealth upward to the 1%, notably through so-called Public Private Partnerships (PPPs). The push for PPPs is not about building infrastructure for the benefit of society but about constructing new subsidies that benefit the already wealthy. In other words, it is less about financing development than developing finance.

Understanding and exposing these processes is essential if inequality is to be challenged. But equally important is the need for critical reflection on how the wealthy are getting away with it. What does the wealth gap suggest about the need for new forms of organising by those who would resist elite power? -- .

By: Nicholas Hildyard
Series edited by: Mick Moran
Imprint: Manchester University Press
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 138mm, Spine: 10mm
Weight: 318g
ISBN: 9781784994266
ISBN 10: 178499426X
Series: Manchester Capitalism
Pages: 144
Publication Date: 17 June 2016
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Hardback
Publisher's Status: Active

Nicholas Hildyard works with the research and solidarity group, The Corner House, UK

Reviews for Licensed Larceny: Infrastructure, Financial Extraction and the Global South

'Licensed Larceny is an extraordinary accomplishment. With stunning clarity, Hildyard reveals just how deeply financial power has penetrated our everyday lives - with devastating consequences. This is a tour de force political economy of financialization, and a remarkably accessible introduction to the sordid world of finance - for students, scholars, and activists alike.' Jason W. Moore, Associate Professor at Binghamton University and author of Capitalism in the Web of Life 'Licensed Larceny is only about a hundred pages - really more a monograph than a book - but despite Hildyard's economy of prose the book packs more information than many books three times that length.' Kevin Carson , Center for a Stateless Society -- .