The Invisibilized Power of Trusts – LPE Project https://lpeproject.org The Law and Political Economy Project Thu, 20 Feb 2025 03:14:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://lpeproject.org/wp-content/uploads/2020/08/cropped-LPE_Favicon_512px_BlackBG-450x450.png The Invisibilized Power of Trusts – LPE Project https://lpeproject.org 32 32 Offshore Financial Law as Freedom-Promoting? https://lpeproject.org/blog/offshore-financial-law-as-freedom-promoting/ Thu, 20 Feb 2025 11:00:00 +0000 https://lpeproject.org/?p=11322 This post concludes a mini-series on the invisibilized power of trusts in modern financial capitalism. Read the rests of the posts here. *** In mainstream American discourse, offshore financial centers are generally conceived of as sources of scandal. For example, the Panama Papers, the Pandora Papers, and the Paradise Papers revealed companies and wealthy individuals concealing their assets and...

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]]> The Not-So-Secret Lives of Trusts https://lpeproject.org/blog/the-not-so-secret-lives-of-trusts/ Tue, 11 Feb 2025 11:00:00 +0000 https://lpeproject.org/?p=11295 This post is part of a mini-series on the invisibilized power of trusts in modern financial capitalism. Read the rests of the posts here. *** One common critique of trust law is that it exacerbates wealth inequality by creating layers of financial secrecy for families with substantial assets. By obscuring asset ownership through baroque legal vehicles invented by the “wealth defense industry,”...

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]]> The Anti-Democratic Rise of Super-Property https://lpeproject.org/blog/the-anti-democratic-rise-of-super-property/ Wed, 05 Feb 2025 11:00:00 +0000 https://lpeproject.org/?p=11271 This post kicks off a mini-series on the invisibilized power of trusts in modern financial capitalism. *** This past month, an internationally consequential battle for corporate control over Rupert Murdoch’s media empire was resolved by what might seem an unlikely decision-maker — a Nevada probate commissioner. Even more surprisingly, the process lacked any of the usual markers of transparency...

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