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The co-op bookstore for avid readers
The World for Sale: Money, Power, and the Traders Who Barter the Earth's Resources
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.
Book Details
- Publisher: Oxford University Press
- Publish Date: Apr 21st, 2022
- Pages: 416
- Language: English
- Edition: undefined - undefined
- Dimensions: 9.20in - 6.20in - 1.30in - 1.30lb
- EAN: 9780197651537
- Categories: • International - General• General• Investments & Securities - Commodities - Energy
More books to explore
About the Author
More books by Javier Blas
What people are saying
Ann Pettifor is an economist.
Reading Javier Blas & Jack Farcy's 'The World for Sale' .. riveting chapter on Africa- a must-read for African twitterati. ... At height of Zim inflation, Cargill started printing monopoly money - to pay small-scale farmers - made a killing... https://t.co/qzCmUNHxaV
Sohaib Abbas is an investor.
👇book kept me company 4 the duration of my flight & a serious must read by @JavierBlas for any serious commodity investor. Critical 2 develop framework of price discovery as it relates to settling the physical. Belongs on every bookshelf along with Crude Volatility- @Bob_McNally
"An extraordinary account of commodity traders who play an unseen role in the middle of the networks that deliver oil and minerals and metals that we require, [and] an eye-opening view as to how all the world’s raw materials get shipped around the world."
Praise for this book
"Could there be a better moment for Javier Blas and Jack Farchy's rollicking new account of [commodity] markets' recent history to land on investors' desks? ...This high level narrative is gripping enough. But it is the details of what these freewheeling companies actually got up to that give the book a thriller-like quality. The World For Sale opens with the private jet of [the late chief executive of Vitol] making corkscrew turns into Benghazi airport in 2011 so he can dodge hostile missiles and strike a deal to supply the rebel forces with oil in the middle of the Libyan civil war. That turns out to be one of the more conventional deals that pepper the narrative... Educational and entertaining..." --Felix Martin, Financial Times"If you have the slightest interest in how the modern world was made, by whom, at what price, and at what profit, this is the book for you... Superbly researched and tidily written... A clean, compelling chronicle of the central role that commodity traders have played in the global economy from the end of World War II to the present. What they found isn't pretty -- but it's plenty illuminating. --Foreign Policy
"A highly readable study in world economics and a valuable primer for would-be oil barons." --Kirkus"Blas and Farchy shine light on what's long been the financial market's darkest corner the crucial, yet underappreciated, role commodity traders play in global finance and geopolitics. The characters are fascinating and their impact cannot be understated. The World For Sale is a fascinating, eye-opening read." --Gregory Zuckerman, New York Times-bestselling author of The Man Who Solved the Market
"Javier Blas and Jack Farchy deftly peel back the curtain on the amoral swashbucklers of capitalism who trade in commodities natural resources like oil, coal and aluminium. The World For Sale is a gripping account of how they achieved their stranglehold over the world economy, and their troubling influence on global politics to this day." --Brad Stone, New York Times-bestselling author of The Everything Store"The World For Sale is the definitive, eye-opening story of the most powerful and secretive traders in the world. These commodity traders, including all manner of cutthroats, eccentrics and amoral corruptors, play a major role in the global economy one that few people understand. Javier Blas and Jack Farchy illuminate it perfectly, helped by their decades of experience covering the beat from the ground up." --Bradley Hope, New York Times-bestselling author of Billion Dollar Whale
What people are saying
Ann Pettifor is an economist.
Reading Javier Blas & Jack Farcy's 'The World for Sale' .. riveting chapter on Africa- a must-read for African twitterati. ... At height of Zim inflation, Cargill started printing monopoly money - to pay small-scale farmers - made a killing... https://t.co/qzCmUNHxaV
Sohaib Abbas is an investor.
👇book kept me company 4 the duration of my flight & a serious must read by @JavierBlas for any serious commodity investor. Critical 2 develop framework of price discovery as it relates to settling the physical. Belongs on every bookshelf along with Crude Volatility- @Bob_McNally