
Sign up to save your podcasts
Or


This episode exposes the vast global shadow economy, which includes illegal markets, informal labor, corruption, tax evasion, and underground financial networks. It reveals how criminal organizations, corporations, and political elites use secrecy and offshore systems to hide wealth and evade accountability. The episode also explains how inequality, weak institutions, and globalization fuel the shadow economy, and warns that it undermines democracy, stability, and economic fairness on a global scale.
By Scott CarrickThis episode exposes the vast global shadow economy, which includes illegal markets, informal labor, corruption, tax evasion, and underground financial networks. It reveals how criminal organizations, corporations, and political elites use secrecy and offshore systems to hide wealth and evade accountability. The episode also explains how inequality, weak institutions, and globalization fuel the shadow economy, and warns that it undermines democracy, stability, and economic fairness on a global scale.