Download e-book for iPad: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson

By Peter James Hudson

From the tip of the 19th century till the onset of the nice melancholy, Wall highway launched into a gorgeous, remarkable, and infrequently bloody interval of overseas growth within the Caribbean. The precursors to associations like Citibank and JPMorgan Chase, in addition to a bunch of long-gone and lesser-known monetary entities, sought to push out their eu competitors in order that they may perhaps regulate banking, alternate, and finance within the area. within the procedure, they not just trampled neighborhood sovereignty, grappled with household banking law, and sponsored 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 an in depth examine either the associations and people who outlined this period of yank capitalism within the West Indies. even if in Wall road minstrel indicates or in doubtful practices around the Caribbean, the habit of the banks was once deeply conditioned through bankers’ racial perspectives and prejudices. Drawing deeply on a extensive variety of assets, Hudson finds that the banks’ experimental practices and initiatives within the Caribbean usually ended in embarrassing failure, and, finally, literal erasure from the records. Bankers and Empire is a groundbreaking booklet, one that will strength readers to imagine anew concerning the courting 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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