4min chapter

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Crack-Up Capitalism w/ Quinn Slobodian

The Dig

CHAPTER

The Importance of Small Sites in International Economic Integration

The world of tax havens, which also comes up in the book, is sometimes been called this galaxy of low tax and no tax sites scattered around the world often in strange islands. They're actually the means by which that top-level globalization actually operates. The creation of these small little places that offer one particular service, here's a place you can go and do a medical experiment without regulation. Here's a place that you can put your money without your corporate profits without taxation. These are all sort of signs of the metabolism that happens between, I think, the world of capital and the world of states.

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