Economic Capital

Following Marx’s death in 1883, Engels was able to step into the breach and, drawing on Marx’s extensive notes and writings, complete volume 2 of Capital, leading to its publication in 1885. Here, Marx turns his attention to the money owner, the money lender, the wholesale merchant, the trader and the entrepreneur or 'functioning capitalist.'

In Capital Evolution: The New American Economy, Seth Levine and Elizabeth MacBride deliver a bold and timely reassessment of capitalism in America. Drawing on decades of experience in finance, journalism, and policy, Levine and MacBride argue that capitalism isn’t the problem—it’s the outdated neoliberal version we’ve been practicing that’s failing us. From the rise of populism to the growing disillusionment among younger generations, the signs of strain are everywhere.

In The Dao of Capital, hedge fund manager and tail-hedging pioneer Mark Spitznagel - with one of the top returns on capital of the financial crisis, as well as over a career - takes us on a gripping, circuitous journey from the Chicago trading pits, over the coniferous boreal forests and canonical strategists from Warring States China to Napoleonic Europe to burgeoning industrial America, to the great economic thinkers of late 19th century Austria.

Published in 1894, 11 years after the death of Marx himself, Capital Volume 3 was the product of the untiring and meticulous work of Friedrich Engels working from Marx’s outline and notes and carried the subtitle The Process of Capitalist Production as a Whole. In seven parts, Marx and Engels were determined to demonstrate that private property, competition and the market economy driven by the profit motive must lead to the demise of capitalism.

Roger Lowenstein, the bestselling author of Buffett, captures Long-Term's roller-coaster ride in gripping detail. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein crafts a story that reads like a first-rate thriller from beginning to end. He explains not just how the fund made and lost its money, but what it was about the personalities of Long-Term's partners, the arrogance of their mathematical certainties, and the late-nineties culture of Wall Street that made it all possible.

The chief endowment officers at (CIOs) at endowments, foundations, family offices, pension funds, and sovereign wealth funds are the leaders in the world of finance. They marshal trillions of dollars on behalf of their institutions and influence how capital flows throughout the world. But these elite investors live outside of the public eye. Across the entire investment industry, few participants understand how these holders of the keys to the kingdom allocate their time and their capital.

Innovations rarely come from “experts.” Elon Musk was not an “electric car person” before he started Tesla. When it comes to improbable innovations, a legendary tech VC told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. It is the nature of the venture-capital game that most attempts at discovery fail, but a very few succeed at such a scale that they more than make up for everything else. That extreme ratio of success and failure is the power law that drives the VC business, all of Silicon Valley, the wider tech sector, and, by extension, the world.

The venture capital playbook is causing unique harms to society. And in World Eaters, Catherine Bracy offers a window into the pernicious aspects of VC and shows us how its bad practices are bleeding into all industries, undermining the labor and housing markets and posing unique dangers to the economy at large. VC’s creates a wide, powerful wake that impacts the average consumer just as much as it does investors and entrepreneurs.

Capital Without Borders tackles this tantalizing question through a groundbreaking multi-year investigation of the men and women who specialize in protecting the fortunes of the world's richest people. Brooke Harrington followed the money to the 18 most popular tax havens in the world, interviewing wealth managers to understand how they help their high-net-worth clients dodge taxes, creditors, and disgruntled heirs - all while staying just within the letter of the law.

Our cities are changing. Around the world, more and more money is being invested in buildings and land. Real estate is now a $217 trillion-dollar industry, worth 36 times the value of all the gold ever mined. It forms 60 percent of global assets, and one of the most powerful people in the world - the president of the United States - made his name as a landlord and developer.

In this sharp and controversial international best seller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector. She reveals in detailed case studies that the opposite is true: The state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation.

Smedley Butler was the most celebrated warfighter of his time. Best-selling books were written about him. Hollywood adored him. Wherever the flag went, “The Fighting Quaker” went - serving in nearly every major overseas conflict from the Spanish War of 1898 until the eve of World War II.

Today, in the midst of a new economic crisis and severe political discord, the nature of capitalism in United States is at a crossroads. Since the market crash and Great Recession of 2008, historian Jonathan Levy has been teaching a course to help his students understand everything that had happened to reach that disaster and the current state of the economy, but in doing so he discovered something more fundamental about American history. Now, in an ambitious single-volume history of the United States, he reveals how capitalism in America has evolved through four distinct ages.

In 2010, pioneering sociologist Catherine Hakim shocked the world with a provocative new theory: In addition to the three recognized personal assets (economic, cultural, and social capital), each individual has a fourth asset - erotic capital - that he or she can, and should, use to advance within society. In this bold and controversial book, Hakim explores the applications and significance of erotic capital, challenging the disapproval meted out to women and men who use sex appeal to get ahead in life.

Marx and Engels were right when they observed in the Communist Manifesto that free markets had in a short time created greater prosperity and more technological innovation than all previous generations combined. A century and a half later, all the evidence shows that capitalism has lifted millions and millions from hunger and poverty. Today's story about global capitalism, shared by right-wing and left-wing populists, but also by large sections of the political and economic establishment, does not deny that prosperity has been created, but it says it ended up in far too few hands.

As changes in Wyoming banking law bring an influx of crypto entrepreneurs to small-town Custer, attorney Sam Johnstone doesn’t think much of the new arrivals. But when a shocking crime throws him straight into the epicenter of the digital world, there’s no turning back. The death of crypto exchange magnate Max Kovalenko shatters the community, sparking local outrage and a long list of suspects. With many betrayed partners, jealous competitors, and bitter family members left in his wake, Max has stepped on plenty of toes since his arrival, and finding his killer is no easy task.

Capitalist Manifesto is dedicated to seeking out the truth behind the NEA, IRS, and FED―the National Education Association, the Internal Revenue Service, and the Federal Reserve Bank. In Capitalist Manifesto I offer alternatives that any person or family can put in motion. How can we counter communism taught in our schools? By teaching capitalism in our homes.

When a prominent conservative politician is killed inside his lakeside cabin, authorities have no suspect in sight. And two more seemingly different deaths might be linked to the same murderer. From a quiet DC suburb to the corridors of power to a deserted island hideaway in Maine, Will; his CIA director wife, Kate; and the FBI will track their man, set a trap - and await the most dangerous kind of quarry: a killer with a cause to die for....

Hobsbawm discusses the evolution of European economics, politics, arts, sciences, and cultural life from the height of the industrial revolution to the First World War. Hobsbawm combines vast erudition with a graceful prose style to re-create the epoch that laid the basis for the 20th century.

Wage-Labour and Capital & Value, Price, and Profit by Karl Marx is a compelling introduction to Marxist economic theory, combining two of his most influential works. In Wage-Labour and Capital, Marx explores the relationship between labor and capital, illuminating how the commodification of labor under capitalism generates profit for capitalists at the expense of workers. In Value, Price, and Profit, Marx delves deeper into the mechanisms of capitalist economies, discussing the labor theory of value, the creation of surplus value, and the inherent exploitation of wage labor.