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Offshore: Tax Havens and the Rule of Global Crime, by Alain Deneault
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Offshore reveals how the vast network of unregulated financial centers—from Luxemburg to the Cayman islands to the tiny Pacific haven of Nauru— amount to a nether realm of drug and arms trade profits, enormous private accounts, and multinational corporate financial holdings. Delving into the scandals, the financial structure, and the history of this hidden side of globalization, sociologist Alain Deneault depicts something larger and more ominous than simple “tax havens” where financial elites and corporations must reside X days out of every calendar year to protect their earnings. Instead, Offshore describes a global base of operations from which massive criminal enterprises and corrupt corporations operate freely and with impunity, menacing developing nations and advanced democracies alike.
- Sales Rank: #1842112 in Books
- Published on: 2011-10-04
- Original language: English
- Number of items: 1
- Dimensions: 7.50" h x 1.00" w x 5.40" l, .75 pounds
- Binding: Hardcover
- 224 pages
About the Author
Alain Deneault is a sociologist at the University of Quebec in Montreal. He is co-author of Black Canada: Pillage, Corruption, and Criminality in Africa. He lives in Montreal.
Most helpful customer reviews
2 of 3 people found the following review helpful.
Excellent, Well Thought Out Book on An Important Topic
By Tom Hunter
This book is important and topical, with the FATCA law moving toward implementation.
Reality is, the wealthy tax evaders, corporations, drug dealers and other criminals are running amuck throughout the world right now in a variety of tax havens too numerous to count. This excellent book acts like a skeleton key to a variety of topics too numerous to completely describe in this short book.
As the noose begins to tighten on the unpatriotic, vile people who think they are above the law, this book provides a ring side seat to the game plan that the world's responsible democracies will follow as the evil of tax evasion is hounded out of existence. This will be among the hardest chores ever attempted, as the wealthy have decided that they are above the law and have the right to enjoy all the benefits of living in a civilized society without paying for it. But, they are deluded if they think they can get away with it forever. One by one, these tax havens, secrecy jurisdictions and other facilitators of the multi-trillion-dollar/euro/eurodollar/petrodollar underground banking system will be cornered and exterminated like the vermin they are. They may think they can escape but that is hubris in the extreme. After all, this is a tiny world and--as this book so eloquently describes--you can run but you can't hide.
1 of 7 people found the following review helpful.
Unreadable
By Nick P.
I think this is the first book I've ever purchased that I couldn't finish. In fact I had real trouble getting through the introduction. It's simply a tirade against capitalism. Don't waste your money unless you need something to line your cat's litter box.
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