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Underground Empire: How America Weaponized the World Economy

di Henry Farrell

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513507,540 (4.13)1
"A deeply researched investigation that reveals how the United States is like a spider at the heart of an international web of surveillance and control, which it weaves in the form of globe-spanning networks such as fiber optic cables and obscure payment systems America's security state first started to weaponize these channels after 9/11, when they seemed like necessities to combat terrorism-but now they're a matter of course. Multinational companies like AT&T and Citicorp build hubs, which they use to make money, but which the government can also deploy as choke points. Today's headlines about trade wars, sanctions, and technology disputes are merely tremors hinting at far greater seismic shifts beneath the surface. Slowly but surely, Washington has turned the most vital pathways of the world economy into tools of domination over foreign businesses and countries, whether they are rivals or allies, allowing the U.S. to maintain global supremacy. In the process, we have sleepwalked into a new struggle for empire. Using true stories, field-defining findings, and original reporting, Henry Farrell and Abraham Newman show how the most ordinary aspects of the post-Cold War economy have become realms of subterfuge and coercion, and what we must do to ensure that this new arms race doesn't spiral out of control"--… (altro)
  1. 00
    Paper Soldiers: How the Weaponization of the Dollar Changed the World Order di Saleha Mohsin (ptimes)
    ptimes: both great explanations of increasingly significant but lesser known tools/even weapons of US power
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I have been reading about the way America uses sanctions and other means to browbeat other countries. I wasn't aware that the US government bullies businesses to align with its security and geopolitical interests.
This book is a simple demonstration of the silent battle that takes place underground, far from the public eye. A complex web of activities seethes below the surface, forcing countries and corporations to comply with a malevolent empire.
The authors did not delve deep into the possible repercussions of this behaviour. Will the trade and technology wars become real wars? ( )
  RajivC | Nov 20, 2023 |
Henry Farrell and Abraham Newman are professors of political science, and writers interested in institutions and in international politics.
Underground Empire (2023) is a reasonably short but book but a complicated book about complicated ideas. It is very informative.
Underground Empire describes the communications infrastructure over which internet traffic passes as an invisible empire which is within the USA or controlled by American corporations as an empire.
It mainly discusses the history of the use of economic sanctions by the US government against foreign governments, companies, and financial institutions, and individuals. Underground Empire also discusses the role of the use of US currency in international trade, banking institutions vulnerable to US sanctions in the movement of money, and the ability of the USA to search internet traffic passing though the USA or over US assets on the Internet.
It cites The Economic Weapon (2022) by Nicholas Mulder in support of the idea that American sanctions have become a weapon to advance the interests of the USA against the interests of other states in international relations. The authors note that foreign governments, businesses and individuals may be entitled to some measure of due process under American law but have little recourse in the American courts and have no effective recourse in international law or international trade law.
Underground Empire discusses the movement of information on the Internet, and surveillance of "foreign" information by the US government, and the reluctance of US politicians to limiting to give up this method of gathering information - or even to admit that the US government uses it.
The history of the use of sanctions includes the USA's campaign(s) against the Chinese company Huawei which included restrictions of the sale of intellectual property used to design and manufacture semi-conductors (computer chips), pressure on Taiwanese chip manufacturers, international criminal proceedings in the USA, and extradition proceedings in Canada. The USA used sanctions against Russia and Russian persons after the Russian invasion of Ukraine in 2022.
Underground Empire discusses efforts by other national governments to avoid surveillance and the use of economic institutions that are subject to American sanctions. The book notes that American policy makers were able to manage American interests during the Cold War after starting to plan strategically by dealing with the Soviet Union as "another powerful actor with its own interests that America had to live with."
The book has some observations on the difference between American assumptions about the number of nuclear weapons the Soviet Union had, and the real numbers. The book mades the point that the Soviet Union and the USA were economically independent during the Cold War, while the are numerous economic interdependencies in the modern world in trade and supply chains, which makes the use of sanctions much riskier than American policy makers realize.
The USA seems to unable to shift in its thinking about the Interests of China, Russia, Europe and other states or to make the first move to starting international discussion of rules about national economic security or international communications over the internet.
In part, American policy has to contend with efforts by American business interests to avoid policies that would conscript businesses into fighting climate change and the efforts by some business people seek to secede from American government, carve out privately governed areas and create private digital currency. In part, Americans have used the internet to reinforce their sense of knowledge, competence, independence, confidence and entitlement to have their way.. ( )
  BraveKelso | Nov 11, 2023 |
This tells how the US has weaponized the economy through the internet connections that run through the US.

I found this book eye-opening. I did not know anything about how the internet has choke holds in certain areas where the information is gathered then forwarded. The United States has a lot of these hub areas, and the government has used them to spy on people, businesses, and counties. I learned a lot. I found it interesting how a country or business can quickly become a "persona non gratis" to the whole world with a threat by the US. There are court cases about the spying. Other countries, China in particular, are trying to find ways past these US choke holds but so far have not been able to come up with a new network.

This book was written simply enough that someone with no knowledge or understanding of the internet and spying could easily understand it. I found by the end of a paragraph I could grasp an idea, sometimes re-reading the paragraph so it made sense. I think all people need to read this. Fascinating! ( )
1 vota Sheila1957 | Oct 27, 2023 |
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"A deeply researched investigation that reveals how the United States is like a spider at the heart of an international web of surveillance and control, which it weaves in the form of globe-spanning networks such as fiber optic cables and obscure payment systems America's security state first started to weaponize these channels after 9/11, when they seemed like necessities to combat terrorism-but now they're a matter of course. Multinational companies like AT&T and Citicorp build hubs, which they use to make money, but which the government can also deploy as choke points. Today's headlines about trade wars, sanctions, and technology disputes are merely tremors hinting at far greater seismic shifts beneath the surface. Slowly but surely, Washington has turned the most vital pathways of the world economy into tools of domination over foreign businesses and countries, whether they are rivals or allies, allowing the U.S. to maintain global supremacy. In the process, we have sleepwalked into a new struggle for empire. Using true stories, field-defining findings, and original reporting, Henry Farrell and Abraham Newman show how the most ordinary aspects of the post-Cold War economy have become realms of subterfuge and coercion, and what we must do to ensure that this new arms race doesn't spiral out of control"--

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