• half_giraffe [comrade/them]
    ·
    2 years ago

    Just finished The American Trap, a memoir about a French energy executive getting tied up by American DOJ using corporate law as an economic weapon against their allies. The specific story he uncovers is that the US DOJ uses the Foreign Corrupt Practices Act (which allows them to investigate any contract made in US dollars or if any email has been exchanged via servers in the US) to punish foreign companies for practices that every company is doing, removing competition for US corporations. In the author's case, he was imprisoned in America (along with 2 other executives) to put pressure on his company, who ultimately sell off a huge amount of their business to GE. It's an interesting example because economic imperialism is usually thought of as a thing in the past and only done to impoverished countries, but here's an example (along with a history of investigations) from 2014 in France, ostensibly an American ally. Other than this revelation, I can't recommend the book - it's very focused on his imprisonment and the legal minutiae of the case. The author's not a leftist, so the best he can do is urge his government to act but this certainly isn't radicalizing material.