Research: Publications

Capitalism's Achilles Heel: Dirty Money and How to Renew the Free-Market System

August 5, 2005 | Book

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Capitalism's Achilles Heel: Dirty Money and How to Renew the Free-Market System

By Raymond Baker, director, Global Financial Integrity

John Wiley & Sons, Inc., August 2005

Throughout his career, Raymond Baker—a tough-as-nails businessman turned scholar —has been thoroughly committed to capitalism. He has seen it all, and now he offers careful analysis and gripping examples that illustrate the serious problems besetting the global free-market system. With this book, Baker provides a fascinating insider's look at the way criminals, terrorists, and businesspeople move dirty money around the world, impoverishing billions and corrupting capitalism's ideals of fair play. In this highly readable account, he links banking, commerce, law, economics, and philosophy with passionate advocacy of steps that must be taken to renew capitalism's mandate for the spread of global prosperity.

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