Offshore – Stealth Wealth and the New Colonialism : Stealth Wealth and the New Colonialism

An eye-opening account of offshore finance: a secretive system making the rich richer while corroding democracy, capitalism and the environment

This engrossing deep dive exposes how the shadowy global system of offshore finance fuels economic crises and austerity while also undermining democracy and the rule of law. Sociologist Brooke Harrington trained as an offshore wealth manager then spent years immersed in tax havens around the world, observing and interviewing the experts who keep the secrets and protect the fortunes of the global ultra-rich. In Offshore, she shows what offshore finance costs all of us and how it has colonised the world—not on behalf of any one country but to benefit a largely invisible empire of a few thousand billionaires who help themselves to the best society has to offer while sticking us with the bill. As politicians struggle to address the deepening economic and political inequality destabilising the world, Harrington’s exposé of the offshore system is a vital resource for understanding the most pressing crises of our time.