Book cover of Outsourcing Empire: How Company-States Made the Modern World

Book description

How chartered company-states spearheaded European expansion and helped create the world's first genuinely global order From Spanish conquistadors to British colonialists, the prevailing story of European empire-building has focused on the rival ambitions of competing states. But as Outsourcing Empires shows, from the seventeenth to the twentieth centuries, company-states'not sovereign…

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1 author picked Outsourcing Empire as one of their favorite books. Why do they recommend it?

The “company-states” of the book’s title include the East India companies of the seventeenth and eighteenth centuries and their peers in other regions, like the Hudson’s Bay Company. These corporations enjoyed many of the powers of states: they hired troops, armed ships, waged war, and signed treaties with foreign rulers. Some came to govern empires. The authors explain how these hybrid geopolitical actors—part capitalist businesses, part polities—came to acquire a key role in global politics, and why they subsequently lost it. Modern multinationals can be geopolitical actors too, we imagine, but Phillips and Sharman show how different the capitalist order…

From John's list on economics and geopolitics.

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