Lifestyles of the Rich and Hidden

On the Media | Nov 10, 2017

A year and a half after the Panama Papers, the Paradise Papers have again thrown back the curtain on the vast world of wealth that exists in offshore tax havens. But even after the two largest data leaks in history, those in the know say that we have still barely glimpsed the extent of this ecosystem. And according to Brooke Harrington, Professor of Economic Sociology at Copenhagen Business School and author of Capital Without Borders, if we really want to understand the situation, we need to look beyond the wealthy themselves and toward the industry devoted to keeping them rich and hidden. Bob talks to Harrington about the profession of "wealth management," why it's a threat to democracy and what can be done.

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