Spiderweb Capitalism

Spiderweb Capitalism

Author: Kimberly Kay Hoang

Publisher: Princeton University Press

Published: 2024-04-23

Total Pages: 288

ISBN-13: 0691231257

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A behind-the-scenes look at how the rich and powerful use offshore shell corporations to conceal their wealth and make themselves richer In 2015, the anonymous leak of the Panama Papers brought to light millions of financial and legal documents exposing how the superrich hide their money using complex webs of offshore vehicles. Spiderweb Capitalism takes you inside this shadow economy, uncovering the mechanics behind the invisible, mundane networks of lawyers, accountants, company secretaries, and fixers who facilitate the illicit movement of wealth across borders and around the globe. Kimberly Kay Hoang traveled more than 350,000 miles and conducted hundreds of in-depth interviews with private wealth managers, fund managers, entrepreneurs, C-suite executives, bankers, auditors, and other financial professionals. She traces the flow of capital from offshore funds in places like the Cayman Islands, Samoa, and Panama to special-purpose vehicles and holding companies in Singapore and Hong Kong, and how it finds its way into risky markets onshore in Vietnam and Myanmar. Hoang reveals the strategies behind spiderweb capitalism and examines the moral dilemmas of making money in legal, financial, and political gray zones. Dazzlingly written, Spiderweb Capitalism sheds critical light on how global elites capitalize on risky frontier markets, and deepens our understanding of the paradoxical ways in which global economic growth is sustained through states where the line separating the legal from the corrupt is not always clear.


Capitalist Nigger

Capitalist Nigger

Author: Chika Onyeani

Publisher: Jonathan Ball Publishers

Published: 2012-03-27

Total Pages: 216

ISBN-13: 1868425061

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Capitalist Nigger is an explosive and jarring indictment of the black race. The book asserts that the Negroid race, as naturally endowed as any other, is culpably a non-productive race, a consumer race that depends on other communities for its culture, its language, its feeding and its clothing. Despite enormous natural resources, blacks are economic slaves because they lack the 'devil-may-care' attitude and the 'killer instinct' of the Caucasian, as well as the spider web mentality of the Asian. A Capitalist Nigger must embody ruthlessness in pursuit of excellence in his drive towards achieving the goal of becoming an economic warrior. In putting forward the idea of the Capitalist Nigger, Chika Onyeani charts a road to success whereby black economic warriors employ the 'Spider Web Doctrine' – discipline, self-reliance, ruthlessness – to escape from their victim mentality. Born in Nigeria, Chika Onyeani is a journalist, editor and former diplomat.


Colonial Racial Capitalism

Colonial Racial Capitalism

Author: Susan Koshy

Publisher: Duke University Press

Published: 2022-08-29

Total Pages: 233

ISBN-13: 1478023376

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The contributors to Colonial Racial Capitalism consider anti-Blackness, human commodification, and slave labor alongside the history of Indigenous dispossession and the uneven development of colonized lands across the globe. They demonstrate the co-constitution and entanglement of slavery and colonialism from the conquest of the New World through industrial capitalism to contemporary financial capitalism. Among other topics, the essays explore the historical suturing of Blackness and Black people to debt, the violence of uranium mining on Indigenous lands in Canada and the Belgian Congo, how municipal property assessment and waste management software encodes and produces racial difference, how Puerto Rican police crackdowns on protestors in 2010 and 2011 drew on decades of policing racially and economically marginalized people, and how historic sites in Los Angeles County narrate the Mexican-American War in ways that occlude the war’s imperialist groundings. The volume’s analytic of colonial racial capitalism opens new frameworks for understanding the persistence of violence, precarity, and inequality in modern society. Contributors. Joanne Barker, Jodi A. Byrd, Lisa Marie Cacho, Michael Dawson, Iyko Day, Ruth Wilson Gilmore, Alyosha Goldstein, Cheryl I. Harris, Kimberly Kay Hoang, Brian Jordan Jefferson, Susan Koshy, Marisol LeBrón, Jodi Melamed, Laura Pulido


Dealing in Desire

Dealing in Desire

Author: Kimberly Kay Hoang

Publisher: Univ of California Press

Published: 2015-02-11

Total Pages: 247

ISBN-13: 0520960688

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This captivating ethnography explores Vietnam’s sex industry as the country ascends the global and regional stage. Over the course of five years, author Kimberly Kay Hoang worked at four exclusive Saigon hostess bars catering to diverse clientele: wealthy local Vietnamese and Asian businessmen, Viet Kieus (ethnic Vietnamese living abroad), Western businessmen, and Western budget-tourists. Dealing in Desire takes an in-depth and often personal look at both the sex workers and their clients to show how Vietnamese high finance and benevolent giving are connected to the intimate spheres of the informal economy. For the domestic super-elite who use the levers of political power to channel foreign capital into real estate and manufacturing projects, conspicuous consumption is a means of projecting an image of Asian ascendancy to potential investors. For Viet Kieus and Westerners who bring remittances into the local economy, personal relationships with local sex workers reinforce their ideas of Asia’s rise and Western decline, while simultaneously bolstering their diminished masculinity. Dealing in Desire illuminates Ho Chi Minh City’s sex industry as not just a microcosm of the global economy, but a critical space where dreams and deals are traded.


The Chicago Canon on Free Inquiry and Expression

The Chicago Canon on Free Inquiry and Expression

Author: Tony Banout

Publisher: University of Chicago Press

Published: 2024-10-28

Total Pages: 276

ISBN-13: 0226837815

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A collection of texts that provide the foundation for the University of Chicago’s longstanding tradition of free expression, principles that are at the center of current debates within higher education and society more broadly. Free inquiry and expression are hotly contested, both on campus and in social and political life. Since its founding in the late nineteenth century, the University of Chicago has been at the forefront of conversations around free speech and academic freedom in higher education. The University’s approach to free expression grew from a sterling reputation as a research university as well as a commitment to American pragmatism and democratic progress, all of which depended on what its first president referred to as the “complete freedom of speech on all subjects.” In 2015, more than 100 years later, then University provost and president J. D. Isaacs and Robert Zimmer echoed this commitment, releasing a statement by a faculty committee led by law professor Geoffrey R. Stone that has come to be known as the Chicago Principles, now adopted or endorsed by one hundred US colleges and universities. These principles are just a part of the long-standing dialogue at the University of Chicago around freedom of expression—its meaning and limits. The Chicago Canon on Free Inquiry and Expression brings together exemplary documents – some published for the first time here – that explain and situate this ongoing conversation with an introductory essay that brings the tradition to light. Throughout waves of historical and societal challenges, this first principle of free expression has required rearticulation and new interpretations. The documents gathered here include, among others, William Rainey Harper’s “Freedom of Speech” (1900), the Kalven Committee’s report on the University’s role in political and social action (1967), and Geoffrey R. Stone’s “Free Speech on Campus: A Challenge of Our Times” (2016). Together, the writings of the canon reveal how the Chicago tradition is neither static nor stagnant, but a vibrant experiment; a lively struggle to understand, practice, and advance free inquiry and expression. At a time of nationwide campus speech debates, engaging with these texts and the questions they raise is essential to sustaining an environment of broad intellectual and ideological diversity. This book offers a blueprint for the future of higher education’s vital work and points to the civic value of free expression.


What’s the Matter with Delaware?

What’s the Matter with Delaware?

Author: Hal Weitzman

Publisher: Princeton University Press

Published: 2024-01-16

Total Pages: 296

ISBN-13: 0691235740

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How the “First State” has enabled international crime, sheltered tax dodgers, and diverted hard-earned dollars from the rest of us The legal home to over a million companies, Delaware has more registered businesses than residents. Why do virtually all of the biggest corporations in the United States register there? Why do so many small companies choose to set up in Delaware rather than their home states? Why do wealthy individuals form multiple layers of private companies in the state? This book reveals how a systematic enterprise lies behind the business-friendly corporate veneer, one that has kept the state afloat financially by diverting public funds away from some of the poorest people in the United States and supporting dictators and criminals across the world. Hal Weitzman shows how the de facto capital of corporate America has provided safe haven to money launderers, kleptocratic foreign rulers, and human traffickers, and facilitated tax dodging and money laundering by multinational companies and international gangsters. Revenues from Delaware's business-formation industry, known as the Franchise, account for two-fifths of the state’s budget and have helped to keep the tax burden on its residents among the lowest in the United States. Delaware derives enormous political clout from the Franchise, effectively writing the corporate code for the entire country—and because of its outsized influence on corporate America, the second smallest state in the United States also writes the rules for much of the world. What's the Matter with Delaware? shows how, in Joe Biden’s home state, the corporate laws get written behind closed doors, enabling the rich and powerful to do business in the shadows.


Spider Web, Labyrinth, Tightrope Walk

Spider Web, Labyrinth, Tightrope Walk

Author: Regina Schober

Publisher: Walter de Gruyter GmbH & Co KG

Published: 2023-08-07

Total Pages: 329

ISBN-13: 3111060845

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Spider Web, Labyrinth, Tightrope Walk explores the shifting functions of the network as a metaphor, model, and as an epistemological framework in US American literature and culture from the 19th century until today. The book critically inquires into the literary, cultural, philosophical, and scientific rhetoric, values, and ideological underpinnings that have given rise to the network concept. Literature and culture play a major role in the ways in which networks have been imagined and how they have evolved as conceptual models. This study regards networks as historically emergent and culturally constructed formations closely tied with the development of knowledge technologies in the process of modernization as well as with an increasingly critical awareness of network technologies and infrastructures. While the rise of the network in scientific, philosophical, political and sociological discourses has received wide attention, this book contributes an important cultural and historical perspective to network theory by demonstrating how US American literature and culture have been key sites for thinking in and about networks in the past two centuries.


Spider Web

Spider Web

Author: Nick Fischer

Publisher: University of Illinois Press

Published: 2016-05-15

Total Pages: 369

ISBN-13: 0252098226

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The McCarthy-era witch hunts marked the culmination of an anticommunist crusade launched after the First World War. With Bolshevism triumphant in Russia and public discontent shaking the United States, conservatives at every level of government and business created a network dedicated to sweeping away the "spider web" of radicalism they saw threatening the nation. In this groundbreaking study, Nick Fischer shines a light on right-wing activities during the interwar period. Conservatives, eager to dispel communism's appeal to the working class, railed against a supposed Soviet-directed conspiracy composed of socialists, trade unions, peace and civil liberties groups, feminists, liberals, aliens, and Jews. Their rhetoric and power made for devastating weapons in their systematic war for control of the country against progressive causes. But, as Fischer shows, the term spider web far more accurately described the anticommunist movement than it did the makeup and operations of international communism. Fischer details how anticommunist myths and propaganda influenced mainstream politics in America, and how its ongoing efforts paved the way for the McCarthyite Fifties--and augured the conservative backlash that would one day transform American politics.


How to Be an Anticapitalist in the Twenty-First Century

How to Be an Anticapitalist in the Twenty-First Century

Author: Erik Olin Wright

Publisher: Verso Books

Published: 2021-04-13

Total Pages: 177

ISBN-13: 1788739558

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What is wrong with capitalism, and how can we change it? Capitalism has transformed the world and increased our productivity, but at the cost of enormous human suffering. Our shared values—equality and fairness, democracy and freedom, community and solidarity—can provide both the basis for a critique of capitalism and help to guide us toward a socialist and democratic society. Erik Olin Wright has distilled decades of work into this concise and tightly argued manifesto: analyzing the varieties of anticapitalism, assessing different strategic approaches, and laying the foundations for a society dedicated to human flourishing. How to Be an Anticapitalist in the Twenty-First Century is an urgent and powerful argument for socialism, and an unparalleled guide to help us get there. Another world is possible. Included is an afterword by the author’s close friend and collaborator Michael Burawoy.


Behind the Startup

Behind the Startup

Author: Benjamin Shestakofsky

Publisher: Univ of California Press

Published: 2024-03-19

Total Pages: 326

ISBN-13: 0520395042

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This systematic analysis of everyday life inside a tech startup dissects the logic of venture capital and its consequences for entrepreneurs, workers, and societies. In recent years, dreams about our technological future have soured as digital platforms have undermined privacy, eroded labor rights, and weakened democratic discourse. In light of the negative consequences of innovation, some blame harmful algorithms or greedy CEOs. Behind the Startup focuses instead on the role of capital and the influence of financiers. Drawing on nineteen months of participant-observation research inside a successful Silicon Valley startup, this book examines how the company was organized to meet the needs of the venture capital investors who funded it. Investors push startups to scale as quickly as possible to inflate the value of their asset. Benjamin Shestakofsky shows how these demands create organizational problems that managers solve by combining high-tech systems with low-wage human labor. With its focus on the financialization of innovation, Behind the Startup explains how the gains generated by these companies are funneled into the pockets of a small cadre of elite investors and entrepreneurs. To promote innovation that benefits the many rather than the few, Shestakofsky compellingly argues that we must focus less on fixing the technology and more on changing the financial infrastructure that supports it.