Members of the Confederal Group of the European United Left of the European Parliament hold posters that read "No tax havens" at the European Parliament in Strasbourg, November 27, 2014.
Vincent Kessler / Reuters

The 2008 financial crisis not only changed the shape and size of the global economy—combined productivity and employment shrank by 5.5 percent in 2014 across OECD countries—it also redefined how leaders across the world discuss and describe finance, banking, and wealth. According to Angel Gurria, Secretary-General of the OECD, it became “politically intolerable,” after billions in taxpayer money were used to bail out the world’s largest banks and corporations, that “only the middle classes and small- and medium-sized enterprises pay taxes while high net-worth individuals and multinationals don’t pay any at all.” In 2009, leaders of the G–20, at the

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