The Hidden Globe
How Wealth Hacks the World
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NAMED ONE OF THE TOP 5 BOOKS OF 2024 ON CBS SUNDAY MORNING
ONE OF THE WASHINGTON POST'S TOP 10 BOOKS OF 2024
A NEW YORK TIMES NOTABLE BOOK
“Vivid, revelatory, and politically unpredictable…What bothers Abrahamian, in the end, isn’t the anarchic but the unfair; if capital is free, people deserve the same respect.”—Gideon Lewis-Kraus, The New Yorker
"A season of unrest looms ahead, and The Hidden Globe lays out the unvarnished truth in a luminous feat of reportage.”—Hamilton Cain, Minneapolis Star Tribune
Borders draw one map of the world; money draws another. A journalist’s riveting account exposes a parallel universe that has become a haven for the rich and powerful.
A globe shows the world we think we know: neatly delineated sovereign nations that grant or restrict their citizens’ rights. Beneath, above, and tucked inside their borders, however, another universe has been engineered into existence. It consists of thousands of extraterritorial zones that operate largely autonomously, and increasingly for the benefit of the wealthiest individuals and corporations.
Atossa Abrahamian traces the rise of this hidden globe to thirteenth-century Switzerland, where poor cantons marketed their only commodity: bodies, in the form of mercenary fighters. Over time, economists, theorists, statesmen, and consultants evolved ever more sophisticated ways of exporting and exploiting statelessness, in the form of free trade zones, flags of convenience, offshore detention centers, charter cities controlled by foreign corporations, and even into outer space. By mapping this countergeography, which decides who wins and who loses in the new global order—and helping us to see how it might be otherwise—The Hidden Globe fascinates, enrages, and inspires.
©2024 Atossa Araxia Abrahamian (P)2024 Penguin Audio
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“You may think you have a pretty good idea of the world map, but Atossa Araxia Abrahaman explains how special economic zones, tax havens, and freeports are carving up the planet for the highest bidders and leaving millions of people worse off. The Hidden Globe: How Wealth Hacks the World makes a very complicated legal and financial subject clear, exciting, and deeply troubling.”—Ron Charles of the Washington Post on CBS Sunday Morning
“Vivid, revelatory, and politically unpredictable … ranges far beyond obscured transactions and nested shell companies to much weirder patterns of jurisdictional flexibility …What bothers Abrahamian, in the end, isn’t the anarchic but the unfair; if capital is free, people deserve the same respect.”—The New Yorker
“An engrossing journey. . . Abrahamian is a perfect guide . . . One of the most innovative contributions of The Hidden Globe is to highlight how these realms outside the governance of nation-states offer unchecked privilege and wealth for a select few while also increasing some of the most extreme forms of vulnerability and precarity that exist today.”—The Nation