Rogue Bankers, Black Radicalism, and the Caribbean History of Racial Capitalism

This essay offers a response to two critical commentaries—from diplomatic historian Brenda Gayle Plummer and political theorist Clarisse Burden-Stelly—on the author’s Bankers and Empire: How Wall Street Colonized the Caribbean. While locating both commentaries under the epistemological and political purview of the radical wing of black studies, the essay focuses on four topics that appear in Plummer’s and Burden-Stelly’s comments: (1) the question of class, and in particular the role of the Caribbean middle classes, in the history of finance, banking, imperial expansion, and Caribbean sovereignty; (2) the particular status and nature of the Caribbean region within the history of capitalism; (3) the nature and the meaning of the well-worn term racial capitalism; and (4) the idea of “war” as a fundamental aspect of the modes of regulation and accumulation of said racial capitalism.