Underground Empire: How America Weaponized the World Economy

Underground Empire: How America Weaponized the World Economy cover

Underground Empire: How America Weaponized the World Economy

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Shortlisted for the Lionel Gelber Prize

A Responsible Statecraft best foreign policy book of 2023


A deeply researched investigation that reveals how the United States is like a spider at the heart of an international web of surveillance and control, which it weaves in the form of globe-spanning networks such as fiber optic cables and obscure payment systems

America’s security state first started to weaponize these channels after 9/11, when they seemed like necessities to combat terrorism—but now they’re a matter of course. Multinational companies like AT&T and Citicorp build hubs, which they use to make money, but which the government can also deploy as choke points. Today’s headlines about trade wars, sanctions, and technology disputes are merely tremors hinting at far greater seismic shifts beneath the surface.

Slowly but surely, Washington has turned the most vital pathways of the world economy into tools of domination over foreign businesses and countries, whether they are rivals or allies, allowing the U.S. to maintain global supremacy. In the process, we have sleepwalked into a new struggle for empire. Using true stories, field-defining findings, and original reporting, Henry Farrell and Abraham Newman show how the most ordinary aspects of the post–Cold War economy have become realms of subterfuge and coercion, and what we must do to ensure that this new arms race doesn’t spiral out of control.

Henry Farrell is the SNF Agora Professor at Johns Hopkins SAIS, the 2019 winner of the Friedrich Schiedel Prize for Politics and Technology, Editor-in-Chief of The Monkey Cage at The Washington Post, and co-founder of the popular academic blog, Crooked Timber. A member of the Council on Foreign Relations, Farrell has written for publications such as The New York Times, the Financial Times, Foreign Affairs, Foreign Policy, The Washington Monthly, The Boston Review, Aeon, New Scientist, and The Nation.

Abraham L. Newman is a professor at the School of Foreign Service and Government Department at Georgetown University. Known for his research on the politics generated by globalization, he serves as a frequent commentator on international affairs, appearing on news programs ranging from Al Jazeera to Deutsche Welle and NPR. His work has been published in leading outlets like The New York Times, The Washington Post, Nature, Science, Foreign Affairs, Foreign Policy, Harvard Business Review, and Politico.

ISBN: 9781250840554

ISBN-10: 9781250840554

Publisher: Henry Holt and Co.

Publication Date: 09/12/2023 - 12:00am

On Sale: 09/12/2023 - 12:00am

Pages: 288

Language: English

Categories

Political Science / International Relations

Political Science / Globalization

Business & Economics / International / Economics & Trade