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Crack-Up Capitalism - Market Radicals and the Dream of a World Without Democracy (Hardcover)
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Crack-Up Capitalism - Market Radicals and the Dream of a World Without Democracy (Hardcover)
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'Revelatory reading' Adam Tooze, author of Crashed 'After reading
historian Quinn Slobodian's new book, you are not likely to think
about capitalism the same way' Jacobin Look at a map of the world
and you'll see a neat patchwork of nation-states. But this is not
where power actually resides. From the 1990s onwards, globalization
has shattered the map, leading to an explosion of new legal
entities: tax havens, free ports, city-states, gated enclaves and
special economic zones. These new spaces are freed from ordinary
forms of regulation, taxation and mutual obligation - and with
them, ultracapitalists believe that it is possible to escape the
bonds of democratic government and oversight altogether. Historian
Quinn Slobodian follows the most notorious radical libertarians -
from Milton Friedman to Peter Thiel - around the globe as they
search for the perfect home for their free market fantasy. The hunt
leads from Hong Kong in the 1970s to South Africa in the late days
of apartheid, from the neo-Confederate South to the medieval City
of London, and finally into the world's oceans and war zones,
charting the relentless quest for a blank slate where capitalism
and democracy can be finally uncoupled. Crack-Up Capitalism is a
propulsive history of the recent past, and an alarming view of our
near future.
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