[eBook Code] Capitalism's Achilles Heel (eBook Code, 1st)

Prologue 1

CHAPTER 1 Global Capitalism: Savior or Predator? 11

PART I Illegality: We Like the Money 21

CHAPTER 2 Playing the Game 23

The Dirty-Money User Manual 24

You're in Business 47

CHAPTER 3 Dirty Money at Work 48

The Corruption Industry 49

The Criminal Component: Drugs, Thugs, 88

and Terrorists

Global Commerce and Tax Evasion: Coin of the Realm 133

CHAPTER 4 Magnitudes and Misunderstandings 162

How Much Money? 162

A Failure Rate of 99.9 Percent 173

Well-Intentioned Efforts 174

The Patriot Act 177

Dirty Money Is on the Rise 182

Chasing Terrorists' Money 183

Ill-Intentioned Loopholes 186

Haven and Secrecy Structure 191

Falsified Pricing Structure 194

We Like the Money 201

Challenge 205

PART II Inequality: The Gap Matters 207

CHAPTER 5 The Global Divide 210

The Quintile Canyon 210

Measure for Measure 217

It's an Uncertain World 224

The Monkey Wrench 234

CHAPTER 6 "I Don't Understand" and "Don't Tell Anyone" 240

Myths 241

"Don't Tell Anyone" 246

Corruption—At Long Last! 249

Filling Western Coffers: Mum's the Word 252

Debtor's Prison 254

What If? 257

Intellectual Gap or Character Gap? 258

CHAPTER 7 It's the 70 to 90 Percent that Matters 262

It Can't Last 262

Convergence? 267

The Gap Matters 272

Challenge 275

PART III Disutility: Bentham KOs Smith 279

CHAPTER 8 The Anguish of Adam Smith 282

Theory of Moral Sentiments 283

Wealth of Nations 286

Invisible Hand 290

Das Adam Smith Problem 293

The Tears of Adam Smith 297

CHAPTER 9 The Joys of Jeremy Bentham 300

Jurisprudence 301

Utilitarianism 302

Related Interests 305

John Stuart Mill 307

Problems 309

CHAPTER 10 Philosophy Becomes Culture 312

The Great Infusion 313

Twentieth-Century Utility 319

Twentieth-Century Utilitarianism 321

Inoperable Doctrine, Deadly Practice 323

Disutility 327

Challenge 330

PART IV Run It Right: Trust the System 333

CHAPTER 11 Capitalism's Achilles Heel 337

CHAPTER 12 Spreading Prosperity 342

Delegitimizing Dirty Money 342

Tougher on Corruption 346

Reining in the Support Structure 346

Mispricing and Transfer Pricing 348

Capitalism's Contribution to Slashing Inequality 351

". . . When You Pay Me What You Owe Me" 353

Reconstitute the World Bank 360

Justice First 361

CHAPTER 13 Renewing Capitalism 368

Acknowledgments 377

Notes 383

Index 425