
Dissent | GW Dijsselhof/Rijksmuseum/Rawpixel
Spiderweb capitalism isn’t found only in tropical climates. Hoang makes a point of describing how tax havens in frontier markets connect back to wealthy countries that tout their transparency and devotion to the rule of law. As one of Hoang’s sources tells her, the United States is one of “the biggest gangsters on the block.” She cites scholar Hal Weitzman, who argues that the United States itself essentially functions as a tax haven for American companies and rich individuals, owing to its structure of corporate anonymity.