Podcasts about empire how wall street colonized

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran 

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran  Learn more about your ad choices. Visit megaphone.fm/adchoices

There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.  In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.   Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.  Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.  Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.  Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges  Author recommended reading:   Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran  Learn more about your ad choices. Visit megaphone.fm/adchoices

For bonus content and to help make this program possible, please join us on Patreon at: https://patreon.com/thekatiehalpershow Anthropologist Jemima Pierre & Historian Peter James Hudson on the connection between imperialism & capitalism, what The NY Times gets wrong about Haiti, the Summit Of The Americas and more. Jemima Pierre is the Haiti/Americas Co-Coordinator with the Black Alliance for Peace; an editor at the Black Agenda Report; and a professor of Black Studies and Anthropology at UCLA She is the author of The Predicament of Blackness: Postcolonial Ghana and the Politics of Race. Her research and teaching interests are located in the overlaps between African Studies and African Diaspora Studies and engage three broad areas: race, racial formation theory, and political economy; culture and the history of anthropological theory; and transnationalism, globalization, and diaspora. She is currently completing a manuscript whose working title is “Racial Americanization: Conceptualizing African Immigrants in the U.S.,” and working on a project on the racialized political economy of multinational resource extraction in Ghana. Dr. Pierre's essays on global racial formation, Ghana, immigration, and African diaspora theory and politics have appeared in a number of academic journals including, Cultural Anthropology, Feminist Review, Social Text, Identities, Cultural Dynamics, Transforming Anthropology, Journal of Haitian Studies, Latin American Perspective, American Anthropologist, and Philosophia Africana. Peter James Hudson is Associate Professor of African American Studies and History at UCLA. His research interests are in the history of capitalism, white supremacy, and U.S. imperialism; the intellectual and political-economic history of the Caribbean and the Black world; and the history of Black radicalism and global anti-imperialism. He is the author of Bankers and Empire: How Wall Street Colonized the Caribbean (University of Chicago Press, 2017).

Mark Sleboda, Moscow-based international relations security analyst, joins us to discuss US Russia relations. Presidents Putin and Biden spoke again on Thursday evening in preparation for upcoming security talks over NATO expansion. Also, US and Russian officials are preparing their respective teams and issues for critical meetings in Geneva and Brussels.Professor Nicolai Petro, professor of political science at the University of Rhode Island specializing in Ukraine and Russia, joins us to discuss Ukraine's crackdown on opposition media. Ukrainian president Vlodomor Zelensky has again moved to close the opposition media. Three companies related to the main opposition party have also been heavily sanctioned. The Biden administration's lack of response is viewed as tacit support for the acts of blatant censorship. Also, far-right neo-Nazis are again marching to support World War 2 Nazi collaborators.Laith Marouf, broadcaster and journalist based in Beirut, joins us to discuss the Middle East. Israel has attacked civilian targets in Gaza once again claiming that their actions are in response to rocket attacks. Also, US bases in Iraq are facing drone attacks and some suspect that the new year will bring increased activities of this nature.Gerald Horne, professor of history at the University of Houston, author, historian, and researcher, joins us to discuss Africa. Sudan's military rulers are maintaining power with the help of the US empire but the citizens are less than happy with their authoritarian leadership. Also, the US empire has transformed Djibouti into a tool of international military aggression.Nick Davies, peace activist and author of "Blood on Our Hands: The American Invasion of Iraq," joins us to discuss the Pentagon budget. The Pentagon is projected to hand over almost a half-trillion dollars to military contractors in 2022. Also, the $778 billion military budget in the face of massive debt and public strife may be the final nail in the coffin of the US empire.Peter James Hudson, associate professor of African American Studies and History at the University of California, Los Angeles and author of the book Bankers and Empire: How Wall Street Colonized the Caribbean, joins us to discuss Haiti. Frederick Douglass was briefly the Ambassador to Haiti. We discuss how his brief tenure helps to define the imperial project in the beleaguered island nation.Jim Kavanagh, writer at thepolemicist.net and CounterPunch and author of "Danger in Society: Against Vaccine Passports,” joins us to discuss Ghislaine Maxwell. Ghislaine Maxwell was convicted of several counts in her recent high-profile trial. We ask many questions including why the media and investigators seem to have such little interest in pursuing the powerful people who were active in the child trafficking network. Marjorie Cohn, Professor Emeritus at the Thomas Jefferson School of Law in San Diego, California, Marjorie Cohn has penned an article about an important recall effort in San Francisco. Cohn argues that the recall effort is based on the basic paradigms related to the reason for the existence of crime.

What is a Rotary Club? Who is a Rotarian? The answer might surprise you. This club has over 35,000 offices around the world, in almost every country. It began in 1905 in Chicago, and its history tells the story of American capitalism, racism, gender bias, and class identity. Independent scholar Brendan Goff talks with me about his new book Rotary International and the Selling of American Capitalism, an extensively researched book and a deep dive on the organization.Essential Reading:Brendan Goff, Rotary International and the Selling of American Capitalism (2021).Recommended Reading:Maureen A. Flanagan, Seeing with Their Hearts: Chicago Women and the Vision of the Good City, 1871-1933 (2002).Paul A. Kramer, “Embedding Capital: Political-Economic History, the United States and the World,” Journal of the Gilded Age and Progressive Era 15 (July 2016): 331-362.Roland Marchand, Creating the Corporate Soul: The Rise of Public Relations and Corporate Imagery in American Big Business (1998).Khalil Muhammed, The Condemnation of Blackness: Race, Crime, and the Making of Modern Urban America (2010).Peter James Hudson, Bankers and Empire: How Wall Street Colonized the Caribbean (2017). See acast.com/privacy for privacy and opt-out information.

An intellectual product of the Black Radical Tradition, ‘racial capitalism' was first expansively developed as an account of the historical origins and embedded logics of global capitalism by Cedric Robinson in his key text Black Marxism. This session introduces students to the idea of racial capitalism and explains how it helps us to understand the centrality of race to the formation of capitalism. We will also consider how racial capitalism helps us to remain attuned to the constant production and reproduction of difference; and the exploitation and expropriation of those who are differentiated as ‘inferior'. But, perhaps most importantly, we'll also cover how racial capitalism asks us to pay attention to those who should be more celebrated as key revolutionary subjects of history – the enslaved, the maroons, anticolonial plantation workers, migrant workers, and others who may not fit the frame of the ideal working class figure, but who have done so much to deliver rights and justice globally. Readings Robinson, C. J. (2000). Black Marxism: The Making of the Black Radical Tradition. University of North Carolina Press. Bhattacharyya, G. (2018). Rethinking Racial Capitalism: Questions of Reproduction and Survival. Rowman & Littlefield. Kelley, R. D. (2017). What did Cedric Robinson mean by racial capitalism? Boston Review, 12. Gilmore, R. W. (2020) Geographies of Racial Capitalism. Antipode Online Gilmore, W. R. (forthcoming 2021). Change Everything: Racial Capitalism and the Case for Abolition. Haymarket Books. Resources Racial Capitalism – Global Social Theory Pulido, L. (2016). Flint, Environmental Racism, and Racial Capitalism. Capitalism Nature Socialism. Hudson, P. J. (2017). Bankers and Empire: How Wall Street Colonized the Caribbean. University of Chicago Press. Questions for Discussion How does broadening the focus from the European proletarian experience to the organising and revolts of the unfree labourers of the (formely) colonised world cause us to revise dominant understandings of historical change? How does racial capitalism help us to understand the complex relationship between inclusion and exclusion? What, according to Cedric Robinson, are the roots of the Black Radical Tradition? In what ways are racial and nationalist interests mobilised by elites against collective class interests?

Host Stacy Mitchell speaks with Maurice BP-Weeks, co-director of the Action Center on Race and the Economy (ACRE). After spending years as a community organizer, Maurice now works with community organizations on campaigns that fight wealth destruction in communities of color. Stacy and Maurice talk about ACRE's work at the intersection of racial justice and Wall Street accountability. They also discuss:   How our current economic structure is built on extracting wealth from people of color. How Wall Street preys on public budgets to further extract wealth from Black and brown folks and how cities can take back control of their finances and bank differently. ACRE's recent report on Amazon's selective policing of the White supremacist propaganda available on their platform and its implications. Maurice's eye opening experience working with Black and brown families to save their homes during the foreclosure crisis. Reasons to be hopeful about the future of the economy, including more public discourse about bold new ideas that can restructure the economy in big ways.   Most everything that we identify as economic justice problems for Black and brown folks can find their roots in this wealth extraction model, and therefore if we're going to change them, we really have to go after the entities and the forces and the messages and everything that drive that model forward. Related Resources Action Center on Race and the Economy Delivering Hate: How Amazon's Platforms Are Used to Spread White Supremacy, Anti-Semitism, and Islamophobia, and How Amazon Can Stop It Bankers and Empire: How Wall Street Colonized the Carribean by Peter James Hudson Bankers and Bolsheviks: International Finance and the Russian Revolution by Hassan Malik Rebel Cities by David Harvey Transcript Stacy Mitchell: Hello everyone, and welcome to Building Local Power. I'm Stacey Mitchell of the Institute for Local Self-Reliance. Today on the show, we have Maurice BP-Weeks, who is the co-executive director of the Action Center on Race and the Economy, also known as ACRE. Maurice also works with community organizations and labor unions on campaigns that go on the offensive against Wall Street to beat back their destruction of communities of color. Maurice, it's so nice to have you on the show. Maurice BP-Weeks: It's a pleasure to be on. Thank you, Stacy. Stacy Mitchell: I want to start, ACRE is a research organization and a campaign hub. You work at the intersection of racial justice and Wall Street accountability. What is lurking at that intersection? Maurice BP-Weeks: Ooh, so much is lurking at that intersection. It might be helpful to just say a bit of how ACRE was started because I think that might answer the questions. I come to ACRE from years of doing community organizing, most notably during the foreclosure crisis in California, and my co-director comes from doing years of research at a labor union around that same period of time. I think we've both shared this analysis that if the way that organizations then and even now, I've talked about economic justice work, the way that race has been incorporated in it has been really through the frame of dispirit impact. I remember saying at press conferences and putting in materials like, “And the foreclosure crisis disparately impacts black and brown folks,” or something like that. While that is true, I mean I think all your listeners probably know that that's obviously true, it also doesn't really quite tell the full story of intentionality and actual function and how the economy is working. So, it's more than just dispirit impact, but the very design and baked into how our economy works is based on wealth extraction. Those are the things that end up causing those dispirit impacts. They're not just going into a mystery box and then popping out of the other end. So, I think most everything that we experience as what we would identify as economic justice problems for black and brown folks are,

Histories of banking and finance aren't particularly well-known for being riveting, adventurous reads: they tend to be technical at the expense of being strongly narrative-driven. Peter James Hudson's Bankers and Empire: How Wall Street Colonized the Caribbean (University of Chicago Press, 2017) defies this stereotype. An examination of private lending in the Caribbean by North American bankers between the 1890s and the 1930s, Hudson tells a colorful, albeit at-times disturbing tale of a few American bankers who were able to operate virtually without restriction or regulation. Acting almost as freebooters, they dreamt up new practices to try out on Latin American governments, usually not to their benefit, while reinforcing many North American attitudes and stereotypes about Latin Americans, most of all racially. The result of this imperial lending was traumatic for Caribbean and Latin American governments. For much of this period, bankers enjoyed the official backing of the U.S. government, allowing them to operate with immunity and total security. Through President Taft's policy of “Dollar Diplomacy,” they were able to operate as an arm of U.S. foreign policy. By making funds available to repressive governments, they helped to cement their place in power at the expense of their subjects, while the amount owed by these governments soon left them under the de facto control of banks and by extension the U.S. government. Ultimately, much of this system came crashing down with the Great Depression, which helped to expose these lending practices as dangerous and ill-regulated. Nevertheless, the effect on the region outlived these practices. Zeb Larson is a PhD Candidate in History at The Ohio State University. His research is about the anti-apartheid movement in the United States. To suggest a recent title or to contact him, please send an e-mail to zeb.larson@gmail.com.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Histories of banking and finance aren't particularly well-known for being riveting, adventurous reads: they tend to be technical at the expense of being strongly narrative-driven. Peter James Hudson's Bankers and Empire: How Wall Street Colonized the Caribbean (University of Chicago Press, 2017) defies this stereotype. An examination of private lending in the Caribbean by North American bankers between the 1890s and the 1930s, Hudson tells a colorful, albeit at-times disturbing tale of a few American bankers who were able to operate virtually without restriction or regulation. Acting almost as freebooters, they dreamt up new practices to try out on Latin American governments, usually not to their benefit, while reinforcing many North American attitudes and stereotypes about Latin Americans, most of all racially. The result of this imperial lending was traumatic for Caribbean and Latin American governments. For much of this period, bankers enjoyed the official backing of the U.S. government, allowing them to operate with immunity and total security. Through President Taft's policy of “Dollar Diplomacy,” they were able to operate as an arm of U.S. foreign policy. By making funds available to repressive governments, they helped to cement their place in power at the expense of their subjects, while the amount owed by these governments soon left them under the de facto control of banks and by extension the U.S. government. Ultimately, much of this system came crashing down with the Great Depression, which helped to expose these lending practices as dangerous and ill-regulated. Nevertheless, the effect on the region outlived these practices. Zeb Larson is a PhD Candidate in History at The Ohio State University. His research is about the anti-apartheid movement in the United States. To suggest a recent title or to contact him, please send an e-mail to zeb.larson@gmail.com.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Histories of banking and finance aren’t particularly well-known for being riveting, adventurous reads: they tend to be technical at the expense of being strongly narrative-driven. Peter James Hudson’s Bankers and Empire: How Wall Street Colonized the Caribbean (University of Chicago Press, 2017) defies this stereotype. An examination of private lending in the Caribbean by North American bankers between the 1890s and the 1930s, Hudson tells a colorful, albeit at-times disturbing tale of a few American bankers who were able to operate virtually without restriction or regulation. Acting almost as freebooters, they dreamt up new practices to try out on Latin American governments, usually not to their benefit, while reinforcing many North American attitudes and stereotypes about Latin Americans, most of all racially. The result of this imperial lending was traumatic for Caribbean and Latin American governments. For much of this period, bankers enjoyed the official backing of the U.S. government, allowing them to operate with immunity and total security. Through President Taft’s policy of “Dollar Diplomacy,” they were able to operate as an arm of U.S. foreign policy. By making funds available to repressive governments, they helped to cement their place in power at the expense of their subjects, while the amount owed by these governments soon left them under the de facto control of banks and by extension the U.S. government. Ultimately, much of this system came crashing down with the Great Depression, which helped to expose these lending practices as dangerous and ill-regulated. Nevertheless, the effect on the region outlived these practices. Zeb Larson is a PhD Candidate in History at The Ohio State University. His research is about the anti-apartheid movement in the United States. To suggest a recent title or to contact him, please send an e-mail to zeb.larson@gmail.com.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Histories of banking and finance aren’t particularly well-known for being riveting, adventurous reads: they tend to be technical at the expense of being strongly narrative-driven. Peter James Hudson’s Bankers and Empire: How Wall Street Colonized the Caribbean (University of Chicago Press, 2017) defies this stereotype. An examination of private lending in the Caribbean by North American bankers between the 1890s and the 1930s, Hudson tells a colorful, albeit at-times disturbing tale of a few American bankers who were able to operate virtually without restriction or regulation. Acting almost as freebooters, they dreamt up new practices to try out on Latin American governments, usually not to their benefit, while reinforcing many North American attitudes and stereotypes about Latin Americans, most of all racially. The result of this imperial lending was traumatic for Caribbean and Latin American governments. For much of this period, bankers enjoyed the official backing of the U.S. government, allowing them to operate with immunity and total security. Through President Taft’s policy of “Dollar Diplomacy,” they were able to operate as an arm of U.S. foreign policy. By making funds available to repressive governments, they helped to cement their place in power at the expense of their subjects, while the amount owed by these governments soon left them under the de facto control of banks and by extension the U.S. government. Ultimately, much of this system came crashing down with the Great Depression, which helped to expose these lending practices as dangerous and ill-regulated. Nevertheless, the effect on the region outlived these practices. Zeb Larson is a PhD Candidate in History at The Ohio State University. His research is about the anti-apartheid movement in the United States. To suggest a recent title or to contact him, please send an e-mail to zeb.larson@gmail.com.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Histories of banking and finance aren’t particularly well-known for being riveting, adventurous reads: they tend to be technical at the expense of being strongly narrative-driven. Peter James Hudson’s Bankers and Empire: How Wall Street Colonized the Caribbean (University of Chicago Press, 2017) defies this stereotype. An examination of private lending in... Learn more about your ad choices. Visit megaphone.fm/adchoices

Histories of banking and finance aren’t particularly well-known for being riveting, adventurous reads: they tend to be technical at the expense of being strongly narrative-driven. Peter James Hudson’s Bankers and Empire: How Wall Street Colonized the Caribbean (University of Chicago Press, 2017) defies this stereotype. An examination of private lending in the Caribbean by North American bankers between the 1890s and the 1930s, Hudson tells a colorful, albeit at-times disturbing tale of a few American bankers who were able to operate virtually without restriction or regulation. Acting almost as freebooters, they dreamt up new practices to try out on Latin American governments, usually not to their benefit, while reinforcing many North American attitudes and stereotypes about Latin Americans, most of all racially. The result of this imperial lending was traumatic for Caribbean and Latin American governments. For much of this period, bankers enjoyed the official backing of the U.S. government, allowing them to operate with immunity and total security. Through President Taft’s policy of “Dollar Diplomacy,” they were able to operate as an arm of U.S. foreign policy. By making funds available to repressive governments, they helped to cement their place in power at the expense of their subjects, while the amount owed by these governments soon left them under the de facto control of banks and by extension the U.S. government. Ultimately, much of this system came crashing down with the Great Depression, which helped to expose these lending practices as dangerous and ill-regulated. Nevertheless, the effect on the region outlived these practices. Zeb Larson is a PhD Candidate in History at The Ohio State University. His research is about the anti-apartheid movement in the United States. To suggest a recent title or to contact him, please send an e-mail to zeb.larson@gmail.com.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Histories of banking and finance aren’t particularly well-known for being riveting, adventurous reads: they tend to be technical at the expense of being strongly narrative-driven. Peter James Hudson’s Bankers and Empire: How Wall Street Colonized the Caribbean (University of Chicago Press, 2017) defies this stereotype. An examination of private lending in the Caribbean by North American bankers between the 1890s and the 1930s, Hudson tells a colorful, albeit at-times disturbing tale of a few American bankers who were able to operate virtually without restriction or regulation. Acting almost as freebooters, they dreamt up new practices to try out on Latin American governments, usually not to their benefit, while reinforcing many North American attitudes and stereotypes about Latin Americans, most of all racially. The result of this imperial lending was traumatic for Caribbean and Latin American governments. For much of this period, bankers enjoyed the official backing of the U.S. government, allowing them to operate with immunity and total security. Through President Taft’s policy of “Dollar Diplomacy,” they were able to operate as an arm of U.S. foreign policy. By making funds available to repressive governments, they helped to cement their place in power at the expense of their subjects, while the amount owed by these governments soon left them under the de facto control of banks and by extension the U.S. government. Ultimately, much of this system came crashing down with the Great Depression, which helped to expose these lending practices as dangerous and ill-regulated. Nevertheless, the effect on the region outlived these practices. Zeb Larson is a PhD Candidate in History at The Ohio State University. His research is about the anti-apartheid movement in the United States. To suggest a recent title or to contact him, please send an e-mail to zeb.larson@gmail.com.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Histories of banking and finance aren’t particularly well-known for being riveting, adventurous reads: they tend to be technical at the expense of being strongly narrative-driven. Peter James Hudson’s Bankers and Empire: How Wall Street Colonized the Caribbean (University of Chicago Press, 2017) defies this stereotype. An examination of private lending in the Caribbean by North American bankers between the 1890s and the 1930s, Hudson tells a colorful, albeit at-times disturbing tale of a few American bankers who were able to operate virtually without restriction or regulation. Acting almost as freebooters, they dreamt up new practices to try out on Latin American governments, usually not to their benefit, while reinforcing many North American attitudes and stereotypes about Latin Americans, most of all racially. The result of this imperial lending was traumatic for Caribbean and Latin American governments. For much of this period, bankers enjoyed the official backing of the U.S. government, allowing them to operate with immunity and total security. Through President Taft’s policy of “Dollar Diplomacy,” they were able to operate as an arm of U.S. foreign policy. By making funds available to repressive governments, they helped to cement their place in power at the expense of their subjects, while the amount owed by these governments soon left them under the de facto control of banks and by extension the U.S. government. Ultimately, much of this system came crashing down with the Great Depression, which helped to expose these lending practices as dangerous and ill-regulated. Nevertheless, the effect on the region outlived these practices. Zeb Larson is a PhD Candidate in History at The Ohio State University. His research is about the anti-apartheid movement in the United States. To suggest a recent title or to contact him, please send an e-mail to zeb.larson@gmail.com.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the radio magazine that brings you news, commentary and analysis from a Black Left perspective. I’m Glen Ford, along with my co-host Nellie Bailey. Coming up: a Black historian reports on how U.S. banks stole the resources and sovereignty of whole nations in the Caribbean and Latin America; a new book explores the political culture spawned by the radical movements of the Sixties and Seventies; and, supporters of Mumia Abu Jamal believe upcoming hearings provide a real chance for freedom for the nation’s best known political prisoner. The Black Is Back Coalition for Social Justice, Peace and Reparations recently held a national conference in St. Louis. The theme of the gathering was, “There is No Peace: Africa and Africans are at War.” Black Is Back chairman Omali Yeshitela told the audience President Donald Trump angered much of the world when he called nations in the Caribbean and Africa “feces-holes.” In an article for Black Agenda Report, historian Peter James Hudson pointed out that U.S. banks played a key role in making countries in the Caribbean, Latin America and Africa into places of poverty and oppression. Hudson is author of the book, “Bankers of Empire: How Wall Street Colonized the Caribbean.” The radical movements of the 1960s and 70s produced a unique and compelling political culture, according to a new book titled, “Fugitive Life: The Queer Politics of the Prison State,” by Stephen Dillon. The book is featured in the Black Agenda Report Book Forum, edited by Roberto Sirvent. Stephen Dillon’s work is rooted in the writings and actions of the hundreds of activists that tried to stay one step ahead of U.S. law enforcement, four decades ago. Dillon says these activists produced a political culture of “fugitivity.” This is the month of Black August, which always means increased efforts to free political prisoners in the U.S. The next days and weeks will see a flurry of activity to end the long incarceration of the nation’s best known political prisoner, Mumia Abu Jamal. Orie Lumumba is a member of the MOVE Family, and of Family and Concerned Friends of Mumia Abu Jamal. That was prison abolition activist Orie Lumumba. From his place of incarceration in Pennsylvania, Mumia Abu Jamal files this Prison Radio report on the passing one of the Greats of Black American culture.  

Peter Hudson, Assistant Professor of African American Studies at UCLA, discusses his new book, Bankers and Empire: How Wall Street Colonized the Caribbean, and uncovering a lost history of wealth in the Caribbean.