"Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What … is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital … explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one …

world-wide scale partly as a consequence of the financialization of capital. The geographical diffusion of market relations … has continued and with it the dominance of capital in all realms of social reproduction. In charting this change, the book … offers an alternative view of contemporary capitalism. It has been suggested that we are entering a new phase where the …

economy with imperfect political institutions. In a capital-scarce economy, an autocrat catering to the needs of landowners … chooses to shelter the economy from trade. The trade regime interacts with economic institutions, and with policies on capital … mobility, to govern capital accumulation. A landed autocrat neglects to improve institutions and blocks foreign capital to …