Capitalism′s Achilles Heel – Dirty Money and How to Renew the Free–Market System

<p>Prologue 1</p>
<p>CHAPTER 1 Global Capitalism: Savior or Predator? 11</p>
<p>PART I Illegality: We Like the Money 21</p>
<p>CHAPTER 2 Playing the Game 23</p>
<p>The Dirty–Money User Manual 24</p>
<p>You′re in Business 47</p>
<p>CHAPTER 3 Dirty Money at Work 48</p>
<p>The Corruption Industry 49</p>
<p>The Criminal Component: Drugs, Thugs, 88</p>
<p>and Terrorists</p>
<p>Global Commerce and Tax Evasion: Coin of the Realm 133</p>
<p>CHAPTER 4 Magnitudes and Misunderstandings 162</p>
<p>How Much Money? 162</p>
<p>A Failure Rate of 99.9 Percent 173</p>
<p>Well–Intentioned Efforts 174</p>
<p>The Patriot Act 177</p>
<p>Dirty Money Is on the Rise 182</p>
<p>Chasing Terrorists′ Money 183</p>
<p>Ill–Intentioned Loopholes 186</p>
<p>Haven and Secrecy Structure 191</p>
<p>Falsified Pricing Structure 194</p>
<p>We Like the Money 201</p>
<p>Challenge 205</p>
<p>PART II Inequality: The Gap Matters 207</p>
<p>CHAPTER 5 The Global Divide 210</p>
<p>The Quintile Canyon 210</p>
<p>Measure for Measure 217</p>
<p>It′s an Uncertain World 224</p>
<p>The Monkey Wrench 234</p>
<p>CHAPTER 6 "I Don′t Understand" and "Don′t Tell Anyone" 240</p>
<p>Myths 241</p>
<p>"Don′t Tell Anyone" 246</p>
<p>Corruption At Long Last! 249</p>
<p>Filling Western Coffers: Mum′s the Word 252</p>
<p>Debtor′s Prison 254</p>
<p>What If? 257</p>
<p>Intellectual Gap or Character Gap? 258</p>
<p>CHAPTER 7 It′s the 70 to 90 Percent that Matters 262</p>
<p>It Can′t Last 262</p>
<p>Convergence? 267</p>
<p>The Gap Matters 272</p>
<p>Challenge 275</p>
<p>PART III Disutility: Bentham KOs Smith 279</p>
<p>CHAPTER 8 The Anguish of Adam Smith 282</p>
<p>Theory of Moral Sentiments 283</p>
<p>Wealth of Nations 286</p>
<p>Invisible Hand 290</p>
<p>Das Adam Smith Problem 293</p>
<p>The Tears of Adam Smith 297</p>
<p>CHAPTER 9 The Joys of Jeremy Bentham 300</p>
<p>Jurisprudence 301</p>
<p>Utilitarianism 302</p>
<p>Related Interests 305</p>
<p>John Stuart Mill 307</p>
<p>Problems 309</p>
<p>CHAPTER 10 Philosophy Becomes Culture 312</p>
<p>The Great Infusion 313</p>
<p>Twentieth–Century Utility 319</p>
<p>Twentieth–Century Utilitarianism 321</p>
<p>Inoperable Doctrine, Deadly Practice 323</p>
<p>Disutility 327</p>
<p>Challenge 330</p>
<p>PART IV Run It Right: Trust the System 333</p>
<p>CHAPTER 11 Capitalism′s Achilles Heel 337</p>
<p>CHAPTER 12 Spreading Prosperity 342</p>
<p>Delegitimizing Dirty Money 342</p>
<p>Tougher on Corruption 346</p>
<p>Reining in the Support Structure 346</p>
<p>Mispricing and Transfer Pricing 348</p>
<p>Capitalism′s Contribution to Slashing Inequality 351</p>
<p>". . . When You Pay Me What You Owe Me" 353</p>
<p>Reconstitute the World Bank 360</p>
<p>Justice First 361</p>
<p>CHAPTER 13 Renewing Capitalism 368</p>
<p>Acknowledgments 377</p>
<p>Notes 383</p>
<p>Index 425</p>