A startling window into the bribery that shapes the world in which we live, including the major corporate players and...
Following the money to discover how corporate payoffs and billions of dollars in bribes have shaped current events.
In his debut book, investigative journalist Montero, a former Christian Science Monitor correspondent and Frontline producer, peels back layers of corruption to uncover the secret network of bribery and intimidation that exists among many of the world's largest corporations and the public officials who profit from their misconduct. Culled from a mix of court records, leaked confidential documents, and personal interviews, the book details how corporate payoffs contributed to the regime of Saddam Hussein, the economic collapse of Greece, and other instances of national governments selling out their constituents to the highest bidder. “Corporate bribes involve a remarkable amount of money,” writes the author. “The World Bank has estimated $1 trillion a year, though this may represent the high end; others have placed the amount at 10 percent of the $4 trillion spent annually on global public procurement.” Providing a closer look at how these massive transactions are orchestrated, Montero profiles the middlemen who specialize in rubbing elbows with world leaders and heads of industry while ensuring that any illegal financial transactions remain below the radar of federal investigators. The incredible wealth and unapologetic public personas of the many co-conspirators are both fascinating and deplorable. The author is at his most compelling when connecting these sordid backroom dealers with some of the world's most recognizable brand names and the international conflicts that they helped foster. Although Montero’s tendency to hurry through the complicated chain of events involved in such high-level payoffs makes them sometimes difficult to follow, many of his revelations are worth studying. While often treated casually among those directly involved, these payoffs have consistently significant, wide-reaching effects on world events. After all, writes the author, “corporate bribery is not a rogue act.”
A startling window into the bribery that shapes the world in which we live, including the major corporate players and government parties involved in the corruption.Pub Date: Nov. 13, 2018
ISBN: 978-0-670-01647-1
Page Count: 320
Publisher: Viking
Review Posted Online: Sept. 2, 2018
Kirkus Reviews Issue: Sept. 15, 2018
BOOK REVIEW
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.
“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.
It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.Pub Date: Nov. 12, 2019
ISBN: 978-1-61039-950-0
Page Count: 432
Publisher: PublicAffairs
Review Posted Online: Aug. 28, 2019
Kirkus Reviews Issue: Sept. 15, 2019
SEEN & HEARD
A forceful, necessarily provocative call to action for the preservation and protection of American Jewish freedom.
Known for her often contentious perspectives, New York Times opinion writer Weiss battles societal Jewish intolerance through lucid prose and a linear playbook of remedies.
While she was vividly aware of anti-Semitism throughout her life, the reality of the problem hit home when an active shooter stormed a Pittsburgh synagogue where her family regularly met for morning services and where she became a bat mitzvah years earlier. The massacre that ensued there further spurred her outrage and passionate activism. She writes that European Jews face a three-pronged threat in contemporary society, where physical, moral, and political fears of mounting violence are putting their general safety in jeopardy. She believes that Americans live in an era when “the lunatic fringe has gone mainstream” and Jews have been forced to become “a people apart.” With palpable frustration, she adroitly assesses the origins of anti-Semitism and how its prevalence is increasing through more discreet portals such as internet self-radicalization. Furthermore, the erosion of civility and tolerance and the demonization of minorities continue via the “casual racism” of political figures like Donald Trump. Following densely political discourses on Zionism and radical Islam, the author offers a list of bullet-point solutions focused on using behavioral and personal action items—individual accountability, active involvement, building community, loving neighbors, etc.—to help stem the tide of anti-Semitism. Weiss sounds a clarion call to Jewish readers who share her growing angst as well as non-Jewish Americans who wish to arm themselves with the knowledge and intellectual tools to combat marginalization and defuse and disavow trends of dehumanizing behavior. “Call it out,” she writes. “Especially when it’s hard.” At the core of the text is the author’s concern for the health and safety of American citizens, and she encourages anyone “who loves freedom and seeks to protect it” to join with her in vigorous activism.
A forceful, necessarily provocative call to action for the preservation and protection of American Jewish freedom.Pub Date: Sept. 10, 2019
ISBN: 978-0-593-13605-8
Page Count: 224
Publisher: Crown
Review Posted Online: Aug. 22, 2019
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