Katharina Pistor discusses her new book, The Code of Capital: How the Law Creates Wealth and Inequality. The book is a major intervention about the nature of modern capitalism. Pistor argues for the central role of the law in shaping the distribution of wealth and makes a compelling case that it is law that creates capital itself. Katharina Pistor is the Edwin B. Parker Professor of Comparative Law at Columbia Law School and director of the Law School's Center on Global Legal Transformation. Her work spans comparative law and corporate governance, law and finance, and law and development.