Home Books The Hidden Globe: How Wealth Hacks the World

The Hidden Globe: How Wealth Hacks the World

The Hidden Globe: How Wealth Hacks the World

by Atossa Araxia Abrahamian

Riverhead Books ·2024 ·336 pages ·Business
Maybe Someday
Maybe Someday
I Index
48/99
Near the Top

57/99

Critics

Maybe Someday

38/99

Readers

n/a

Scholars

62/99

Rating

52/99

Volume

10/99

Rating

65/99

Volume

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About This Book

Borders draw one map of the world, money draws another. A journalist's riveting account exposes a parallel universe exempt from the laws of the land, and how the wealthy and powerful benefit from it.The map of the globe depicts the world we think we neatly delineated sovereign nations that bestow and restrict the rights of the citizens and entities within their borders. For wealthy individuals and corporations, however, borders are porous, and the globe is pockmarked with thousands of special zones that exist beyond any nation's control, for their benefit. And for those at the opposite end of privilege, the map fails to prevent exploitation by foreign powers, or willfully creates cracks where refugees fleeing war and hardship can be captured and kept in stateless limbo indefinitely. In this fast-paced and fascinating narrative, Atossa Abrahamian explores this parallel universe. Starting in thirteenth-century Switzerland, where a confederation of poor cantons marketed the commodity they had – bodies, in the form of mercenaries – she stalks the legacy of statelessness around world, from an Emirati-owned port in Somalia to the new charter cities, semi-autonomous city-states in poor countries like Honduras that are controlled by foreign governments or multinational corporations, to Luxembourg, which wants to use its tiny perch to send capitalism into outer space via asteroid mining. Along the way, we meet the shadowy CEOs, visiionary statesmen, eccentric theorists, prize-winning economists, and alarming ideologues who are the masterminds of this parallel order. By mapping the hidden geography that increasingly determines who wins and who loses in the new global order - and how it might be otherwise - The Hidden Globe fascinates, enrages, and inspires.


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Reviews

"A season of unrest looms ahead, and The Hidden Globe lays out the unvarnished truth in a luminous feat of reportage."

Hamilton Cain· The Minneapolis Star Tribune Read review ↗ Top of the Pile

"Sharply observed descent into the labyrinth of finance and semantics with which nations and the superrich secure their wealth ..."

Kirkus Read review ↗ Top of the Pile

"takes a revelatory look at a globe-spanning collection of 'offshore jurisdictions,' 'legal black holes,' and 'free zones' that she argues form a 'frontier' where nations 'abdicate' their law-enforcing powers in aid of tax-evading elites or use loopholes to skirt their own laws ..."

Publishers Weekly Read review ↗ Top of the Pile

"Where Abrahamian pushes things forward—or backward, at least in terms of timing—is in tracing the world of offshored finance to its roots and taking us back to the country, and even the city, where it all began ..."

Casey Miche· The New Republic Read review ↗ Near the Top

"Finding solace in a place without borders makes for a nice conclusion, but it skips over the question of what to do about the rest of the world — the hidden globe of Abrahamian's title."

Alana Semuels· The New York Times Read review ↗ Maybe Someday

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