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The World for Sale

Javier Blas & Jack Farchy | Paperback | 416 pages
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Description : The modern world is built on commodities - from the oil that fuels our cars to the metals that power our smartphones. We rarely stop to consider where they come from. But we should. In The World for Sale, two leading journalists lift the lid on one of the least scrutinised corners of the economy: the workings of the billionaire commodity traders who buy, hoard and sell the earth's resources. It is the story of how a handful of swashbuckling businessmen became indispensable cogs in global markets: enabling an enormous expansion in international trade, and connecting resource-rich countries - no matter how corrupt or war-torn - with the world's financial centres. And it is the story of how some traders acquired untold political power, right under the noses of Western regulators and politicians - helping Saddam Hussein to sell his oil, fuelling the Libyan rebel army during the Arab Spring, and funnelling cash to Vladimir Putin's Kremlin in spite of strict sanctions. The result is an eye-opening tour through the wildest frontiers of the global economy, as well as a revelatory guide to how capitalism really works.

Product Details

Publisher : Penguin Random House
Publication Year : 2021
Language : English
ISBN : 9781847942661
Categories : BUSINESS & MANAGEMENT
Product Dimension : 2 X 15.3 X 23.4 cm
Weight : 0.45 kgs

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Customer Reviews

| aaditya*******@rediffmail.com |
Simply fantastic. This is an awesome read –The authors disseminate the murky world of commodities traders surgically, slowly revealing every layer discussing the period over the decades. It seems a well-researched book, with insightful anecdotes, which gives credibility to the contents. Even anyone who has a little interest in commodities, then he should for it. You will definitely get enlightened.
| mahe****@gmail.com |
Looking at the runaway prices of our commodities in India, I always suspected the unbridled greed and manipulation by a few powerful traders in the markets. This book very much covers the topic on a global scale, who move prices with their monetary clout, the rest of us be damned. A must read for everyone associated with commodities and even for a lay person, such as me, to get a proper perspective.

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