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'Through extensive case studies, Pistor demonstrates that no one deliberately set out to construct the empire of law. Rather, it is the result of a decentralized, unplanned process in which individual private lawyers helped individual clients protect their assets through the use of pre-existing legal constructs.'---Nouriel Roubini, Project Syndicate'Those of us concerned with inequality should be focusing a great deal of attention on the basics of valuation, which means looking hard at the way law makes money.'---Roy Kreitner, LPEblog'The wealth drawn from both the digital darkness and the dark pools of Wall Street exists only by virtue of the laws encasement. . . . [Pistor's] metaphors allow us to see how, by ceding democratic control of law, weve 'depoliticized critical questions of self-governance,' preserving mobility for some and blocking it for others.'---Quinn Slobodian, Boston Review'So much discussion around wealth and inequality involves gawking at statistics people dont understand. Katharina Pistor offers a fascinating argument as to why inequality is increasing, and does so without having to construct class identities, as Marxists feel compelled to do, or to make heroic assumptions about the rationality of human beings, as rational choice theorists would have it.'---David Murphy, Open Letters Review'The Code of Capital is a welcome interdisciplinary contribution which attaches fresh dimensions to debates on the political economy of wealth and inequality. . . .it is a valuable resource for anyone seeking to grapple with the formidable nature of global capital.'---Juvaria Jafri, LSE US Centre Read more 'Law, Pistor shows in this breakthrough book, is the essential means by which increasingly intangible and mobile assets are protected against control, especially democratic control. Understanding the intricacy of how law works to produce and safeguard soaring wealth for the rich is essential for confronting the inequality crisis of our time. Brilliant, clear, and pithy, The Code of Capital is an essential contribution for reformers and scholars alike.'Samuel Moyn, author of Not Enough: Human Rights in an Unequal World'The Code of Capital is essential reading for anyone interested in understanding how global capital markets function. In clear and understandable terms, Pistor traces the legal coding of capital, the explosive expansion of finance, and the steep fall of the global financial crisis.'Cathy M. Kaplan, senior counsel, Sidley Austin LLP 'The Code of Capital delivers the keys to understanding how law and lawyers push the property system toward concentrated and entrenched wealth. Many of its insights are timeless, but Pistor shows how globalization has spun these mechanisms into overdrive. A must-read for comprehending financial capitalism and its threat to democratic citizenship.'Roy Kreitne

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