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Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. In this passionate and deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the dynamics that dr...
The relationship between race and capitalism is one of the most enduring and controversial historical debates. The concept of racial capitalism offers a way out of this impasse. Racial capitalism is not simply a permutation, phase, or stage in the larger history of capitalism—since the beginning of the Atlantic slave trade and the colonization of the Americas, capitalism, in both material and ideological senses, has been racial, deriving social and economic value from racial classification and stratification. Although Cedric J. Robinson popularized the term, racial capitalism has remained undertheorized for nearly four decades. Histories of Racial Capitalism brings together for the first t...
The contributors to Colonial Racial Capitalism consider anti-Blackness, human commodification, and slave labor alongside the history of Indigenous dispossession and the uneven development of colonized lands across the globe. They demonstrate the co-constitution and entanglement of slavery and colonialism from the conquest of the New World through industrial capitalism to contemporary financial capitalism. Among other topics, the essays explore the historical suturing of Blackness and Black people to debt, the violence of uranium mining on Indigenous lands in Canada and the Belgian Congo, how municipal property assessment and waste management software encodes and produces racial difference, h...
"A history of the globalization of US banking in the early twentieth century"--
Since 2012, Public Books has championed a new kind of community for intellectual engagement, discussion, and action. An online magazine that unites the best of the university with the openness of the internet, Public Books is where new ideas are debuted, old facts revived, and dangerous illusions dismantled. Here, young scholars present fresh thinking to audiences outside the academy, accomplished authors weigh in on timely issues, and a wide range of readers encounter the most vital academic insights and explore what they mean for the world at large. Think in Public: A Public Books Reader presents a selection of inspiring essays that exemplify the magazine’s distinctive approach to public...
"Through close attention to the centrality of involuntarity in pivotal nineteenth-century American court cases that created new property relations with photographs, this book offers a historically situated theory of photography in terms of expression and an archivally-supported theory of whiteness as an aesthetics of racial capitalism"--
Recent economic crises have made the centrality of debt, and the instability it creates, increasingly apparent. This realization has led to cries for change—yet there is little popular awareness of possible alternatives. Beyond Debt describes efforts to create a transnational economy free of debt. Based on ethnographic fieldwork in Malaysia, Daromir Rudnyckyj illustrates how the state, led by the central bank, seeks to make the country’s capital Kuala Lumpur “the New York of the Muslim world”—the central node of global financial activity conducted in accordance with Islam. Rudnyckyj shows how Islamic financial experts have undertaken ambitious experiments to create more stable econ...
"Cities require infrastructure as they grow and persist; infrastructure requires funding, typically from the bond market. But the bond market is not a neutral player. In this groundbreaking book, Destin Jenkins suggests that questions of urban infrastructure are inherently also questions of justice because infrastructure requires financial mechanisms to come into being. Moreover, these mechanisms abstract cities into investments controlled from afar, which exacerbates local inequalities of race, wealth, and power. Ultimately, Jenkins opens up far larger questions, such as why it is that American social welfare is predicated on the demands of finance capitalism in the first place"--
"Calling for a reimagining of how the United States manages its infrastructure, Build takes readers on a revealing tour behind the scenes of the successes and debacles of key projects-from roads, bridges, and ports to water systems and airports-to show what works, why we've failed in recent decades to invest in infrastructure, and why the private sector can help the United States once again lead in infrastructure development. In a series of colorful, rarely told cases, economist and infrastructure investor Sadek Wahba walks the reader through the little-known processes-including the ins-and-outs of infrastructure management, ownership and regulation-that define American infrastructure. He ex...
Epilogue: Charleston, 1832 -- Abbreviations -- Notes -- Index