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Offshore

Stealth Wealth and the New Colonialism

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Offshore

Written by: Brooke Harrington
Narrated by: Jennifer Walden
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About this listen

How do the rich keep getting richer, while dodging the long arm of the law? The ultra-rich seem to live in a different world from the rest of us. That world is called offshore. Hidden from view, the world's ultra-rich can use offshore finance to escape tax obligations, labor and environmental safety regulations, campaign finance rules, and other laws that get in their way.

In Offshore: Stealth Wealth and the New Colonialism, sociologist Brooke Harrington reveals how this system works, as well as how it degrades democracy, the economy, and the public goods on which we all depend. Through interviews with dozens of wealth managers in nineteen countries, Harrington uncovered how this global network of offshore financial centers arose from the remnants of colonialism and has created a new, hidden imperial class.

This engrossing deep dive reveals what offshore finance costs all of us, and how it has colonized the world-not on behalf of any one country, but to benefit a largely invisible empire of a few thousand billionaires, who help themselves to the best society has to offer while sticking us with the bill. As politicians struggle to address the deepening economic and political inequality destabilizing the world, Harrington's expose of the offshore system is a vital resource for understanding the most pressing crises of our time.

©2024 Elisabeth Brooke Harrington (P)2024 Tantor
International Politics & Government Sociology Colonial Period Taxation Law Socialism Capitalism Money Economic Inequality

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Important insights into a key threat to democracy

This book is the result of an in-depth investigation by the author who undertook extensive efforts to gain access to a shadowy world that is a threat to all of us. Given the events of 2025 so far, this book provides key insights into both the fiscal and societal cost of a small population who are increasingly infiltrating our key institutions to our collective detriment. Highly recommended!

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