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By Peter James Hudson

From the top of the 19th century until eventually the onset of the good melancholy, Wall road launched into a beautiful, unheard of, and sometimes 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 in order that they might regulate banking, exchange, and finance within the quarter. within the procedure, they not just trampled neighborhood sovereignty, grappled with family banking legislation, and sponsored US imperialism—but additionally they set the version for undesirable habit by means of 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 yankee capitalism within the West Indies. even if in Wall road minstrel indicates or in doubtful practices around the Caribbean, the habit of the banks used to be deeply conditioned through bankers’ racial perspectives and prejudices. Drawing deeply on a extensive variety of assets, Hudson unearths that the banks’ experimental practices and tasks within the Caribbean usually resulted in embarrassing failure, and, finally, literal erasure from the information. Bankers and Empire is a groundbreaking e-book, 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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