The World For Sale: Money, Power, And The Traders Who Barter The Earth's Resources
ISBN : 9780190078959
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The World For Sale: Money, Power, and the Traders Who Barter the Earth's Resources
Product Description Shortlisted for the Financial Times & McKinsey Business Book of the Year Award An Economist Book of the Year 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 have come from. But we should. The World for Sale lifts the lid on one of the least scrutinized corners of the world economy: 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 centers. 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. Review "This jaw-dropping study shows how much money and global influence is concentrated in the hands of a tiny group... A remarkable book... As the authors roam from oilfield to wheatfield, they reveal information so staggering you almost gasp... The colour is fantastic... Tracking down some of the biggest names in the business to their German castles and stud farms and persuading them to talk is a rare scoop. --Sunday Times "The commodity-traders who feature in The World For Sale are not the kind who yell orders at each other in the ring of the London Metal Exchange, [but instead] the small band of mostly private companies that move bulk commodities from there to here. It is a fascinating and revealing story, largely because of where "there" is: usually a place where many people would prefer not to do business, run by characters they would prefer not to do it with. A handful of swashbucklers became billionaires by overcoming such qualms... There are tales in the book of breathtaking trades, such as shipments of rebel oil from war-torn Libya or deals bartered amid the brutal "aluminium wars" in the Russia of the 1990s... The seeds of a sequel to this gripping book lie somewhere here." --The Economist "Javier Blas and Jack Farchy probe the hard-knuckle and secretive world of commodity trading." --What to Read in 2021, Financial Times "Blas and Farchy compellingly lay out how a handful of secretive traders have had a hand in directing not only the world's commodities, but also its politics and history. The World For Sale draws back the covers on a sector where civil wars, dubious regimes and the collapse of states have often been just another business opportunity -- and what that has meant for the rest of us. Intriguing and, at times, alarming." --Helen Thomas, Business Editor, BBC Newsnight "A colorful and alarming expos
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