Underground Empire: How America Weaponized the World Economy
America turned the plumbing of the world economy into a weapon, and most countries only noticed afterwards.
Henry Farrell and Abraham Newman show how the dollar clearing system, undersea cables and semiconductor supply chains became instruments of American coercion, and how sanctions policy grew out of infrastructure nobody designed for that purpose. Written before this became the obvious subject it now is.
Recommended by 1 Person
Tyler Cowen
Henry Farrell and Abraham Newman, Underground Empire: How America Weaponized the World Economy. This book in preprint form was well ahead of its time, and now it is coming out in a super-timely fashion.
Source · August 2023
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