The Hidden Costs of Offshore Wealth

This chapter examines the extensive financial implications of offshore capital and tax avoidance, revealing how nearly $700 billion in taxes go unpaid annually. It critiques the ethical landscape of the wealthy, contrasting their historical sense of responsibility with a modern culture of conspicuous consumption. The discussion also highlights the complexities of financial secrecy and public disillusionment, advocating for a political awakening to confront these hidden inequalities.