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Home > Business and Economics > Economics > Political economy > Licensed Larceny: Infrastructure, Financial Extraction and the Global South(Manchester Capitalism)
Licensed Larceny: Infrastructure, Financial Extraction and the Global South(Manchester Capitalism)

Licensed Larceny: Infrastructure, Financial Extraction and the Global South(Manchester Capitalism)


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About the Book

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? -- .



Table of Contents:

1 Mise-en-scène: the injustices of wealth
2 A study in financial extraction: Lesotho's national referral hospital
3 Infrastructure as financial extraction
4 Extraction in motion - infrastructure-as-asset-class
5 Infrastructure corridors, frontier finance and the vulnerabilities
6 Reflections for activism



About the Author :

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



Review :

'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

‘Hildyard provides an impressive first step into the neglected area of infrastructural finance. Licensed Larceny is highly recommended for anyone, inside or outside universities, with an interest in mega-projects, infrastructure and industrial corridors.’
Alexander Dunlap, Interface: a journal for and about social movements Book reviews Volume 9 (1)


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Product Details
  • ISBN-13: 9781784994266
  • Publisher: Manchester University Press
  • Publisher Imprint: Manchester University Press
  • Height: 216 mm
  • No of Pages: 144
  • Series Title: Manchester Capitalism
  • Sub Title: Infrastructure, Financial Extraction and the Global South
  • Width: 138 mm
  • ISBN-10: 178499426X
  • Publisher Date: 17 Jun 2016
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Spine Width: 10 mm
  • Weight: 318 gr


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