
The Chris Voss Show Podcast – Blue-Collar Cash Love Your Work, Secure Your Future, and Find Happiness for Life By Ken Rusk
07/29/20 • 52 min
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The Chris Voss Show Podcast – The Code of Capital: How the Law Creates Wealth and Inequality by Katharina Pistor
The Code of Capital: How the Law Creates Wealth and Inequality by Katharina Pistor Katharina Pistor 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 of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively “codes” certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital—and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients’ needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations—assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it. Awards and Recognition One of the Financial Times' Best Books of 2019: Economics One of the Financial Times' Readers' Best Books of 2019 One of Business Insider's Richard Feloni's best books of 2019 on how we can rethink today's capitalism and improve the economy A Project Syndicate Best Read in 2019 Katharina Pistor is a leading scholar and writer on corporate governance, money and finance, property rights, and comparative law and legal institutions. Pistor is the author or co-author of nine books. Her most recent book, The Code of Capital: How the Law Creates Wealth and Inequality, examines how assets such as land, private debt, business organizations, or knowledge are transformed into capital through contract law, property rights, collateral law, and trust, corporate, and bankruptcy law. The Code of Capital was named one of the best books of 2019 by the Financial Times and Business Insider.
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The Chris Voss Show Podcast – As a City on a Hill: The Story of America’s Most Famous Lay Sermon by Daniel T. Rodgers
The Chris Voss Show Podcast - As a City on a Hill: The Story of America's Most Famous Lay Sermon by Daniel T. Rodgers Daniel Rodgers Webpage How an obscure Puritan sermon came to be seen as a founding document of American identity and exceptionalism “For we must consider that we shall be as a city upon a hill,” John Winthrop warned his fellow Puritans at New England’s founding in 1630. More than three centuries later, Ronald Reagan remade that passage into a timeless celebration of American promise. How were Winthrop’s long-forgotten words reinvented as a central statement of American identity and exceptionalism? In As a City on a Hill, leading American intellectual historian Daniel Rodgers tells the surprising story of one of the most celebrated documents in the canon of the American idea. In doing so, he brings to life the ideas Winthrop’s text carried in its own time and the sharply different yearnings that have been attributed to it since. As a City on a Hill shows how much more malleable, more saturated with vulnerability, and less distinctly American Winthrop’s “Model of Christian Charity” was than the document that twentieth-century Americans invented. Across almost four centuries, Rodgers traces striking shifts in the meaning of Winthrop’s words―from Winthrop’s own anxious reckoning with the scrutiny of the world, through Abraham Lincoln’s haunting reference to this “almost chosen people,” to the “city on a hill” that African Americans hoped to construct in Liberia, to the era of Donald Trump. As a City on a Hill reveals the circuitous, unexpected ways Winthrop’s words came to lodge in American consciousness. At the same time, the book offers a probing reflection on how nationalism encourages the invention of “timeless” texts to straighten out the crooked realities of the past. Dan Rodgers is the Henry Charles Lea Professor of History Emeritus at Princeton University. He is a prize-winning teacher and the author of six prize-winning books on the history of American ideas, arguments, assumptions, and culture. His Age of Fracture, which won the coveted Bancroft Prize in American history in 2012, not only helped put the word fracture on the map as a description of the last forty years of American history but showed how the very idea of “society” began to fall apart after the 1970s. His latest book, As a City on a Hill, available in paperback this fall, hones in on the history of one of the most iconic phrases in recent American politics: the claim that ever since their beginning Americans knew that they were destined to be a model to the world. The book uncovers the myths behind that assumption. It shows how a 17th century document’s words were lost, how they were found again, and how they were filled with radically new meanings. Finally, and most importantly, it asks what the phrase “city on a hill” ought to mean for us now.
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