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How law became a gold mine for the rich and powerful

Property laws have long been written by and for the wealthy, giving the public ample reason to suspect that the system is rigged

How law became a gold mine for the rich and powerful
Photo: Getty Images

Katharina Pistor, professor of comparative law at Columbia Law School, is the author of The Code of Capital: How the Law Creates Wealth and Inequality

The Pandora Papers, an investigation led by the International Consortium of Investigative Journalists, has fuelled outrage around the world. Politicians, businesspeople, sports stars, and cultural icons have been caught in the act of hiding their wealth and lying about it. But how likely is a reckoning for the lawyers and accountants who helped them?

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