Bankers and empire : how Wall Street colonized the Caribbean / Peter James Hudson.

Format:

Book

Author/Creator:

Hudson, Peter James, author.

Language:

English

Subjects (All):

Banks and banking--United States--History--20th century.

Banks and banking.

Banks and banking--Caribbean Area--History--20th century.

Branch banks--Caribbean Area--History.

Branch banks.

Capitalism--United States.

Capitalism.

Racism--Economic aspects--United States.

Racism.

Imperialism--Economic aspects--United States.

Imperialism.

United States--Foreign economic relations--Caribbean Area.

United States.

Caribbean Area--Foreign economic relations--United States.

Caribbean Area.

United States--Economic conditions--20th century.

Caribbean Area--Economic conditions--20th century.

Physical Description:

1 online resource (370 pages) : illustrations

Place of Publication:

Chicago : University of Chicago Press, [2017]

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. A host of financial entities sought to 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 also 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.

Contents:

Frontmatter

CONTENTS

INTRODUCTION. Dark Finance

ONE. Colonial Methods

TWO. Rogue Bankers

THREE. Financial Occupations

FOUR. Foreign Regulation

FIVE. American Expansion

SIX. Imperial Government

SEVEN. Odious Debt

CONCLUSION. Racial Capitalism

ACKNOWLEDGMENTS

NOTES

INDEX

Notes:

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 22. Okt 2019)

ISBN:

9780226598116

022659811X

OCLC:

979417691