Fat Cats and Running Dogs: The Enron Stage of Capitalism

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9781567512199: Fat Cats and Running Dogs: The Enron Stage of Capitalism

From the author of two Village Voice books of the year comes a ruthless expose of the raptors at Enron. Behind the screams over workers’ disappearing pensions, disappearing jobs, and disappearing CEO responsibility lies a bigger story: What Enron has done to the world. Included is “A Manual for Corporate Terrestrial Conquest,” complete with juicy tips for imperialist globalization:

how to fix prices using ADM as a model; how to enlist the henchmen of the imperial state (such as the CIA’s economic espionage division and USAID, as Enron has done);
and how to use terrorism and the drug war to push for more corporate control as Enron did in Colombia.

Prashad shows we have come full-circle, back to the imperialism practiced by the East India Company from 1600-1857. Even as Enron collapsed, Enronism is the new normal. A new level of criminality. Criminality perfected by Enron.

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From the Publisher:

Vijay Prashad is Associate Professor and Director, International Studies at Trinity College. He is the author of two Village Voice books of the year: Everybody Was Kung Fu Fighting (Beacon, 2001) and Karma of Brown Folk (Minnesota, 2000). He lives in Western Mass.

From the Author:

By now we have all read enormous amounts about the shenanigans of Enron, the excesses of the CEO class and the waste that is capitalism. But this rendition of the story fails to address at least two elements of the fall of Enron: (1) the structural role played by Enron as the forerunner among many other firms for the global capital's attack on the Commons; (2) the global story of Enron's activities.

Enron was not simply a crooked firm that defrauded its workers and pensioners. That is far too parochial as a framework. I detail the role played by Enron to enclose that section of the human economy that we have, for fifty years, called the 'public sector.' The zones of water, energy, air, education, and others, had been held off from commodification and held in trust by the state. In the Second Enclosure movement of the 1990s, these zones came under threat from global corporations -- with Enron leading the way. The book tells this story, using the Philippines, India and Argentina as the main examples.

Furthermore, the book is a manual for global conquest -- it offers hints to would-be capitalists that if they want to get to the Enron pinnacle, they need to use the CIA, craft monopoly conditions and hire US government workers just out of the revolving door. This is imperative.

Finally, the book offers a window into the fight over oil and water, over the tensions in Colombia, Afghanistan and Bolivia

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Prashad, Vijay
Published by Common Courage Press, Monroe, ME (2003)
ISBN 10: 1567512194 ISBN 13: 9781567512199
Used Hardcover Quantity Available: 1
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Book Description Common Courage Press, Monroe, ME, 2003. Hardback. Book Condition: Good. Dust Jacket Condition: No Dust Jacket. Slightly Soiled. Bookseller Inventory # 211694

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