Two star authors show why the financial sector is an ‘industry of sabotage’, with systemic malpractice at the heart of its business model.’I don’t like the word “sabotage”,’ – a former Goldman Sachs trader admitted. ‘It’s just harsh…Though, frankly, how else do you make money in this business…I mean, real money…’Financial malpractice, we’re told, is an aberration: the actions of a few bad apples deviating from the norms of a market-governed process and gaming the system. In Sabotage, political scientists Anastasia Nesvetailova and Ronen Palan blow this fiction apart, showing that sabotage is not an anomaly, but part of the business model of finance – and always has been.Abusive lending practices, misleading investors, manipulating prices, deliberately falsifying figures, cheating, obstruction and taking advantage of ‘the dumbest person in the room’ – they’re actually the main source of profitability in finance, and the surest way to a bonus.If you want to make money in the industry, you need to find ways of sabotaging either your clients, your competitors or the government (or all three), and above all, the market itself. Talking to industry insiders, economists and high net worth customers, examining the history of finance and its workings today, the authors show us how the idea of sabotage not only makes sense of all past economic crises, but must also be at the heart of all future regulations.
Delivery options
Orders are processed and dispatched Monday to Friday.
Estimated Dispatch Times:
Items are usually dispatched within twenty-four to seventy-two hours. Dispatch time does not include delivery. If one or more items are not available when you place your order there may be a delay in dispatch, so that we can send your items in as few parcels as possible.
Latest UK Delivery Estimates
- 1st Class - 1-2 working days
- 2nd Class - 2-3 working days
- Free Click and Collect at Daunt Books Marylebone
Latest International Delivery Estimates
- Europe - Standard 7-10 working days
- Europe - Tracked and Signed 4-7 working days
- Rest of the World - Standard 15-20 working days
- Rest of the World - Tracked and Signed 10-15 working days
Ongoing Covid restrictions, reduced air and freight capacity, high volumes and winter weather conditions are all impacting transportation and local delivery across the globe.
Overseas Delivery Information
We are experiencing delays with deliveries to many countries, but in most cases local services have now resumed. For more details, please consult the latest information provided by Royal Mail's International Incident Bulletin.
Overseas Customs
If you are ordering goods for delivery outside of the UK, please note that your consignment may be subject to import duties and taxes, which are levied once the goods reach the country of destination.
Any such charges levied in relation to customs clearance must be paid by you. It is accepted by you that Daunt Books has no control over additional charges in relation to customs clearance. We recommend that you check with your local customs officials or post office for more information regarding importation taxes/duties that may be applicable to your online order as this changes country to country.
