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Crack-Up Capitalism
Crack-Up Capitalism
Oct 10, 2024 12:18 AM

Author:Quinn Slobodian,Keith Sellon-Wright

Crack-Up Capitalism

Brought to you by Penguin.

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, city-states, gated enclaves and special economic zones. These new 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 and oversight altogether.

Historian Quinn Slobodian follows the most notorious radical libertarians - from Milton Friedman to Peter Thiel - around the globe as they search for the perfect home for their free market fantasy. The hunt leads from Hong Kong in the 1970s to South Africa in the late days of apartheid, from the neo-Confederate South to the medieval City of London, and finally into the world's oceans and war zones, charting the relentless quest for a blank slate where capitalism and democracy can be finally uncoupled.

Crack-Up Capitalism is a propulsive history of the recent past, and an alarming view of our near future.

©2023 Quinn Slobodian (P)2023 Penguin Audio

Reviews

Timely and important, eye-opening ... Slobodian has done us a great service, identifying a phenomenon that needs unmasking.

—— Will Hutton , The Observer

Gonzo brilliance ... Unique and highly entertaining.

—— Felix Martin , Financial Times

Excellent ... A new generation of swashbuckling billionaires entertain the prospect of secession, using their money to realize fantasies of escape, whether through seasteading or spaceships.

—— Jennifer Szalai , New York Times

After reading historian Quinn Slobodian's new book, you are not likely to think about capitalism the same way ... great fun to read ... an important guide to the current struggle over how the ruling class rules. And Slobodian ultimately raises the question of whether there are cracks in the system, or whether the cracks are the system.

—— Max B. Sawicky , Jacobin

An important historical corrective to the myths, fantasies and occlusions that have allowed dystopias such as Dubai to be presented as models for "the west" to learn from. Many of the men whose manifestos and dreams Slobodian surveys simply don't know what they're talking about. One wonders if they ever wanted to learn in the first place.

—— William Davies , The Guardian

Ranging from Liechtenstein to Somalia, and from Hong Kong to Silicon Valley, Quinn Slobodian's Crack-Up Capitalism exposes how zones of exception promise capitalism an escape from the confines of the modern state and the constraints of democracy. Revelatory reading. A worthy successor to Slobodian's brilliant Globalists.

—— Adam Tooze, author of Crashed

Slobodian has written a fascinating account of the sheer hubris of the market radicals who have sought to free capitalism from democracy first by transforming the world's political geography and now by abandoning the material world. He tells this important story with verve and considerable insight.

—— Helen Thompson

Lively ... an engaging and fluently written account of the dreams of many philosophers, economists and, frankly, oddballs who have grown impatient with the shackles of the big state. ... Slobodian is keen to highlight the often anti-democratic impulses of libertarian thinkers. ... While the yearning is simple and admirable, the road map to reaching utopia is quite complicated.

—— Kwasi Kwarteng , The Spectator

Compelling ... a challenge not just to traditional narratives of political power, but also to liberal assumptions about freedom.

—— Kojo Koram , Times Literary Supplement

A fascinating and important book, which brings to the surface some of the deepest political undercurrents of our times. Crack-Up Capitalism is an exemplary use of history to illuminate the present, forcing us to reassess what we thought we knew about the contemporary world.

—— Hari Kunzru, author of Red Pill

Revelatory. In this head-spinner of a book, Quinn Slobodian shows how zones, islands, micronations, gated communities, and cyber realms are remaking our planet. The capitalist future they portend isn't a borderless utopia but a jurisdictional shatter belt, where democracy is a distant dream.

—— Daniel Immerwahr, author of How to Hide an Empire

With each new book, Quinn Slobodian adds extraordinary new detail to his ongoing account of 21st-century political and economic arrangements. Crack-up Capitalism is concerned with the "zones" of global space: the micro-divisions and gradations from which the real atomic force of our system derives. It's very convincing: get ready to throw out all previous maps.

—— Rana Dasgupta

In Crack-Up Capitalism, Quinn Slobodian takes us on a wild ride through the fenced-in compounds and failed states of today's capitalist world. This sharp and wickedly entertaining book is a necessary field guide to the LARPers, bloggers, and grifters of the libertarian and anarcho-capitalist world, a warning that they are closer to fulfilling their fantasies than we might think, and a clarion call for collective action to preserve - and greatly expand - democracy as we know it.

—— Sarah Jaffe, author of Work Won’t Love You Back

Richly documented exposé ... An insightful piercing of the veil of nation-states to reveal capitalism's frightening, anti-democratic tendencies.

—— Kirkus

A gifted storyteller ... a critical wake-up call .... revealing the roots of a rot many have hitherto been unable to name and confront. By opening that portal, Slobodian trusts us to take the next steps, confident that in knowing the beast, we might better be able to slay it.

—— Quill & Quire

Slobodian's vivid description of zones shows us why our political system can no longer be said to be democratic ... Slobodian wakes us up to democracy's underthrow: decentralization is a strategy for its unraveling, not its salvation.

—— Jodi Dean , Los Angeles Review of Books

Democracy is already facing numerous threats from factions on the right who question the legitimacy of election results that don't go their way. Crack-Up Capitalism is a reminder that this political challenge is only one of a number of fronts in the sustained attack on American democracy.

—— Adam M. Lowenstein , The Atlantic

A sound intellectual investment, an insightful read ... Would definitely recommend.

—— The British Army Review

What makes a good life? What is a good death? The answers to these questions shimmer elusively just below the surface of The Swimmers

—— Stylist

Otsuka's slender, stylistically ambitious third novel is a marvel, capturing the hypnotic rhythm of lane-swimming and the devastating decline of memory and connection as dementia takes hold...Heartbreakingly powerful

—— Mail on Sunday, Best New Fiction

Rule, Nostalgia is radiant with an enthusiast's passion for their subject, and makes a convincing case that Britain's history is sufficiently weird, fascinating and marvellous, without rewriting it into comforting fables

—— The New Humanist

Rule, Nostalgia is a triumphal backwards tour through the history of Britain's relationship with its own past, a chronicle of our state of perpetual longing for a paradise just gone. Woods' eye is ironic, but never without sympathy as she teases apart the nested structures of mourning and nostalgia on which out national identity is built. This funny, sad, wise and brilliantly informative book is both a plea for historiographical literacy and a crash course in the many pasts that have made our presents

—— Peter Mitchell, author of Imperial Nostalgia: How the British Conquered Themselves

Bold and original, with a cool intelligence, and so very truthful about the colonialist structure of British society: how it has poisoned even our language, making its necessary dismantling almost the stuff of dreams. I take hope from Assembly, not just for our literature but also for our slow awakening

—— Diana Evans, author of 'Ordinary People'

Mind-bending and utterly original. It's like Thomas Bernhard in the key of Rachel Cusk but about black subjectivity

—— Brandon Taylor, author of 'Real Life'

Brilliantly sharp and curiously Alice-like... It centres on a gifted and driven young Black woman navigating a topsy-turvy and increasingly maddening modern Britain... Her indictment is forensic, clear, elegant, a prose-polished looking glass held up to her not-so-post-colonial nation. Only one puzzle remains unsolved: how a novel so slight can bear such weight

—— Times Literary Supplement

A piercing, cautionary tale about the costs of assimilating into a society still in denial about its colonial past. Brown writes with the deftness and insight of a poet

—— Mary Jean Chan, author of 'Flèche'

Bold, elegant, and all the more powerful for its brevity, Assembly captures the sickening weightlessness which a Black British woman, who has been obedient to and complicit with the capitalist system, experiences as she makes life-changing decisions under the pressure of the hegemony

—— Paul Mendez, author of 'Rainbow Milk'

This is a stunning achievement of compressed narrative and fearless articulation

—— Publisher's Weekly

One of the most talked-about debuts of the year . . . you'll read it in one sitting

—— Sunday Times Style

Thrilling... Brown gets straight to the point. With delivery as crisp and biting into an apple, she short-circuits expectation... This is [the narrator's] story, and she will tell it how she wishes, unpicking convention and form. Like The Drivers' Seat by Muriel Spark, it's thrilling to see a protagonist opting out and going her own way

—— Scotsman

A nuanced, form-redefining exploration on class, work, gender and race

—— Harper’s Bazaar

Across 100 lean pages, Brown deftly handles a gigantic literary heritage... Her style rivals the best contemporary modernists, like Eimear McBride and Rachel Cusk; innocuous or obscure on a first reading, punching on a second... Assembly is only the start

—— Daily Telegraph

There's something of Isherwood in Brown's spare, illuminating prose... A series of jagged-edged shards that when accumulated form an unhappy mirror in which modern Britain might examine itself

—— Literary Review

A debut novel as slender and deadly as an adder

—— Los Angeles Times

A razor-sharp debut... This powerful short novel suggests meaningful discussion of race is all but impossible if imperialism's historical violence remains taboo

—— Daily Mail

Bold, spare, agonisingly well-observed. An impressive debut

—— Tatler

Excoriating, unstoppable... The simplicity of the narrative allows complexity in the form: over barely a hundred pages, broken into prose fragments that have been assembled with both care and mercilessness

—— London Review of Books

Beguiling and beautifully written, this is the work of an author with a bright future

—— Tortoise

Coruscating originality, emotional potency, astonishing artistic vim... This signals the arrival of a truly breathtaking literary voice... A scintillating tour de force

—— Yorkshire Times

Fierce and accomplished, Assembly interrogates the high cost of surviving in a system designed to exclude you

—— Economist

I was blown away by Assembly, an astonishing book that forces us to see what's underpinning absolutely everything

—— Lauren Elkin, author of 'Flaneuse'

Coiled and charged, a small shockwave... Sometimes you come across a short novel of such compressed intensity that you wonder why anyone would bother reading longer narratives... [Assembly] casts a huge shadow

—— MoneyControl

A masterwork . . . it contains centuries of wisdom, aesthetic experimentation and history. Brown handles her debut with a surgeon's control and a musician's sensitivity to sound

—— Tess Gunty , Guardian

An extraordinary book, and a compelling read that had me not only gripped but immediately determined to listen again... Highly recommended

—— Financial Times on 'Assembly' in audiobook

'As utterly, urgently brilliant as everyone has said. A needle driven directly into the sclerotic heart of contemporary Britain. Beautiful proof that you don't need to write a long book, just a good book'

—— Rebecca Tamas, author of 'Witch'

Every line of this electrifying debut novel pulses with canny social critique

—— Oprah Daily

Devastatingly eloquent, bold, poignant

—— Shelf Awareness

An achievement that will leave you wondering just how it's possible that this is only the author's very first work... Brown packs so much commentary and insight inside of every single sentence... Original and startling all at once. After reading Assembly, I cannot wait to see what Natasha Brown does next

—— Shondaland

[Brown's] work is like that of an excellent photographer - you feel like you are finally seeing the world sharply and without the common filters. That is hypnotising

—— Rowan Hisayo Buchanan , Guardian

A brilliantly compressed, existentially daring study of a high-flying Black woman negotiating the British establishment

—— Guardian, 'Best Fiction of 2021' , Justine Jordan
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