By Peter James Hudson

From the tip of the 19th century until eventually the onset of the good melancholy, Wall road launched into a gorgeous, exceptional, and infrequently bloody interval of overseas enlargement within the Caribbean. The precursors to associations like Citibank and JPMorgan Chase, in addition to a number of long-gone and lesser-known monetary entities, sought to push out their eu opponents so they may possibly keep an eye on banking, exchange, and finance within the area. within the technique, they not just trampled neighborhood sovereignty, grappled with family banking legislation, and subsidized US imperialism—but in addition they set the version for undesirable habit through banks, seen nonetheless today.

In Bankers and Empire, Peter James Hudson tells the provocative tale of this era, taking a detailed examine either the associations and people who outlined this period of yankee capitalism within the West Indies. even if in Wall highway minstrel indicates or in doubtful practices around the Caribbean, the habit of the banks was once deeply conditioned by way of bankers’ racial perspectives and prejudices. Drawing deeply on a extensive diversity of resources, Hudson unearths that the banks’ experimental practices and tasks within the Caribbean frequently ended in embarrassing failure, and, ultimately, literal erasure from the information. Bankers and Empire is a groundbreaking ebook, one that will strength readers to imagine anew in regards to the dating among capitalism and race.

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Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson

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