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Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy

Author:
Quinn Slobodian
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Unabridged Audiobook

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Ratings
Book
3
Narrator
2
Release Date
April 4, 2023
Duration
9 hours 0 minutes
Summary
In a revelatory dispatch from the frontier of capitalist extremism, an acclaimed historian of ideas shows how free marketeers are realizing their ultimate goal: an end to nation-states and the constraints of democracy.

Look at a map of the world and you’ll see a colorful checkerboard of nation-states. But this is not where power actually resides. Over the last decade, globalization has shattered the map into different legal spaces: free ports, tax havens, special economic zones. With the new spaces, ultracapitalists have started to believe that it is possible to escape the bonds of democratic government and oversight altogether.

Crack-Up Capitalism follows the most notorious radical libertarians—from Milton Friedman to Peter Thiel—around the globe as they search for the perfect space for capitalism. Historian Quinn Slobodian leads us from Hong Kong in the 1970s to South Africa in the late days of apartheid, from the neo-Confederate South to the former frontier of the American West, from the medieval City of London to the gold vaults of right-wing billionaires, and finally into the world’s oceans and war zones, charting the relentless quest for a blank slate where market competition is unfettered by democracy.

A masterful work of economic and intellectual history, Crack-Up Capitalism offers both a new way of looking at the world and a new vision of coming threats. Full of rich details and provocative analysis, Crack-Up Capitalism offers an alarming view of a possible future.

A Macmillan Audio production from Metropolitan Books.
Reviews
Profile Avatar Anonymous Feb 2025

The book takes you all over the world, from Hong Kong to Dubai and other lesser known political spaces like late-apartheid South Africa’s “homelands” to build a coherent alternative narrative for the history of the past half-century -one that focuses on rising divisions and fragmentation instead of the unifying force of globalization. In a world where Peter Thiel and other key leaders on America’s right explicitly brand themselves as libertarians, this book more than welcome. The book is relatively short, so the tour can seem cursory, but it also makes it accessible and digestible.

Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy

Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy

Author: Quinn Slobodian
Read by: Keith Sellon-Wright
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