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Full-Text Articles in Social and Behavioral Sciences
Trusts And Financialization, Elisabeth Brooke Harrington
Trusts And Financialization, Elisabeth Brooke Harrington
Brooke Harrington
This article identifies trusts as a legal structure associated with the global spread of financialization. Although trusts originated in Medieval England, they have acquired a new significance in contemporary finance by virtue of their advantages in terms of profit maximization and capital mobility. As a result, trusts have become common in contemporary structured finance for corporations, in addition to their traditional functions as estate planning and asset protection vehicles for high-net-worth individuals.This article specifies three ways in which the trust structure has facilitated the global spread of financialization: by privileging the rentier–investor within the world economy; by perpetuating a distinctively …
Under Anklage: De Rige Reagerer Med Vrede (Under Attack: The Rich React With Anger), Elisabeth Brooke Harrington
Under Anklage: De Rige Reagerer Med Vrede (Under Attack: The Rich React With Anger), Elisabeth Brooke Harrington
Brooke Harrington
Op-ed piece on reaction to the Panama Papers among elites, published in Denmark's leading newspaper, Politiken.