#slobodian

penguin.co.uk

Crack-Up Capitalism

Look at a map of the world and you'll see a neat patchwork of nation-states. But this is not where power actually resides. From the 1990s onwards, globalization has shattered the map, leading to an explosion of new legal entities: tax havens, free ports, gated enclaves and special economic zones. These spaces are freed from ordinary forms of regulation, taxation and mutual obligation - and with them, ultracapitalists believe that it is possible to escape the bonds of democratic government altoge