An Empire of Indifference ：American War and the Financial Logic of Risk Management ( a Social Text book )

Publication subTitle ：American War and the Financial Logic of Risk Management

Publication series ：a Social Text book

Author： Randy Martin  

Publisher： Duke University Press‎

Publication year： 2007

E-ISBN: 9780822389804

P-ISBN(Paperback): 9780822339960

P-ISBN(Hardback):  9780822339793

Subject： E0-054 defense economics

Keyword： War on Terrorism, 2001- -- Finance., War -- Economic aspects -- United States., Government spending policy -- United States., Risk management -- United States., National security -- United States., War on Terrorism, 2001-2009.

Language： ENG

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Description

In this significant Marxist critique of contemporary American imperialism, the cultural theorist Randy Martin argues that a finance-based logic of risk control has come to dominate Americans’ everyday lives as well as U.S. foreign and domestic policy. Risk management—the ability to adjust for risk and to leverage it for financial gain—is the key to personal finance as well as the defining element of the massive global market in financial derivatives. The United States wages its amorphous war on terror by leveraging particular interventions (such as Iraq) to much larger ends (winning the war on terror) and by deploying small numbers of troops and targeted weaponry to achieve broad effects. Both in global financial markets and on far-flung battlegrounds, the multiplier effects are difficult to foresee or control.

Drawing on theorists including Michel Foucault, Giorgio Agamben, Michael Hardt, Antonio Negri, and Achille Mbembe, Martin illuminates a frightening financial logic that must be understood in order to be countered. Martin maintains that finance divides the world between those able to avail themselves of wealth opportunities through risk taking (investors) and those who cannot do so, who are considered “at risk.” He contends that modern-day American imperialism differs from previous models of imperialism, in which the occupiers engaged with the occupied to “civilize” them, siphon off wealth, or both. American imperiali

Chapter

Contents

Contents

Contents

Contents

Acknowledgments

Acknowledgments

Acknowledgments

Acknowledgments

Introduction

Introduction

Introduction

Introduction

From Security to Securitization

From Security to Securitization

From Security to Securitization

From Security to Securitization

Derivative Wars

Derivative Wars

Derivative Wars

Derivative Wars

Self-Managed Colonialism

Self-Managed Colonialism

Self-Managed Colonialism

Self-Managed Colonialism

An Empire of Indifference

An Empire of Indifference

An Empire of Indifference

An Empire of Indifference

Notes

Notes

Notes

Notes

Index

Index

Index

Index

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