Bankers and empire : how Wall Street colonized the Caribbean / Peter James Hudson
- Author
- Hudson, Peter James
- Published
- Chicago ; London : The University of Chicago Press, [2017]
- Copyright Date
- ©2017
- Physical Description
- 1 online resource (361 pages) : illustrations
Access Online
- Series
- Contents
- Introduction: Dark finance -- Colonialism's methods -- Rogue bankers -- Financial occupations -- Foreign regulation -- American expansion -- Imperial government -- Odious debt -- Conclusion: Racial capitalism.
- Summary
- From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. The precursors to institutions like Citibank and JPMorgan Chase, as well as a host of long-gone and lesser-known financial entities, sought to push out their European rivals so that they could control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism but they set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies. Whether in Wall Street minstrel shows or in dubious practices across the Caribbean, the behavior of the banks was deeply conditioned by bankers racial views and prejudices. Drawing deeply on a broad range of sources, Hudson reveals that the banks experimental practices and projects in the Caribbean often led to embarrassing failure, and eventually literal erasure from the archives. Bankers and Empire is a groundbreaking book, one which will force readers to think anew about the relationship between capitalism and race.
- Subject(s)
- 1900-1999
- Banks and banking—United States—History—20th century
- Banks and banking—Caribbean Area—History—20th century
- Branch banks—Caribbean Area—History
- Capitalism—United States
- Racism—Economic aspects—United States
- Imperialism—Economic aspects—United States
- Banques—États-Unis—Histoire—20e siècle
- Succursales bancaires—Caraïbes (Région)—Histoire
- Racisme—Aspect économique—États-Unis
- Impérialisme—Aspect économique—États-Unis
- BUSINESS & ECONOMICS—Finance
- Banks and banking
- Branch banks
- Capitalism
- Economic history
- Imperialism—Economic aspects
- International economic relations
- Racism—Economic aspects
- United States—Foreign economic relations—Caribbean Area
- Caribbean Area—Foreign economic relations—United States
- United States—Economic conditions—20th century
- Caribbean Area—Economic conditions—20th century
- Caraïbes (Région)—Relations économiques extérieures—États-Unis
- États-Unis—Conditions économiques—20e siècle
- Caraïbes (Région)—Conditions économiques—20e siècle
- Caribbean Area
- United States
- Genre(s)
- ISBN
- 9780226459257 (electronic bk.)
022645925X (electronic bk.)
9780226459110 (cloth ; alk. paper)
022645911X (cloth ; alk. paper) - Bibliography Note
- Includes bibliographical references and index.
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