Vulture Capitalism: Corporate Crimes, Backdoor Bailouts, and the Death of Freedom
Winner of the 2025 Ellen Meiksins Wood Prize
In the vein of The Shock Doctrine and Evil Geniuses, this timely and “galvanizing” (Naomi Klein, New York Times bestselling author) manifesto illustrates how corporate and political power brokers have used capitalism to advance their own interests at the expense of the rest of us—and how we can take back our economy.
It’s easy to look at the state of the world around us and feel hopeless. We live in an era marked by war, climate crisis, political polarization, and acute inequality—and yet many of us feel powerless to do anything about these profound issues. We’ve been assured that unfettered capitalism is necessary to ensure our freedom and prosperity but why, in our age of unchecked corporate power, are most of us living paycheck to paycheck? When the economy falters, why do governments bail out corporations and shareholders but leave everyday people in the dust?
Now, acclaimed journalist and progressive star on the rise Grace Blakeley exposes the corrupt system that is failing all around us, pulling back the curtain on the free-market mythology we have been sold. She also clearly illustrates how, as corporate interests have taken hold, governments have historically been shifting away from competition and democracy towards monopoly and oligarchy.
Tracing over a century of neoliberal planning and backdoor bailouts, Blakeley takes us on a deeply reported tour of the corporate crimes, political maneuvering, and economic manipulation that elites have used to enshrine a global system of “vulture capitalism”—planned capitalist economies that benefit corporations and the uber-wealthy at the expense of the rest of us.
As “the sort of book that will help us make a better world” (Rob Delaney, New York Times bestselling author), Vulture Capitalism exposes the cracks already emerging within capitalism, lighting a path forward for how we can democratize our economy, not just our politics, to ensure true freedom for all.
In the vein of The Shock Doctrine and Evil Geniuses, this timely and “galvanizing” (Naomi Klein, New York Times bestselling author) manifesto illustrates how corporate and political power brokers have used capitalism to advance their own interests at the expense of the rest of us—and how we can take back our economy.
It’s easy to look at the state of the world around us and feel hopeless. We live in an era marked by war, climate crisis, political polarization, and acute inequality—and yet many of us feel powerless to do anything about these profound issues. We’ve been assured that unfettered capitalism is necessary to ensure our freedom and prosperity but why, in our age of unchecked corporate power, are most of us living paycheck to paycheck? When the economy falters, why do governments bail out corporations and shareholders but leave everyday people in the dust?
Now, acclaimed journalist and progressive star on the rise Grace Blakeley exposes the corrupt system that is failing all around us, pulling back the curtain on the free-market mythology we have been sold. She also clearly illustrates how, as corporate interests have taken hold, governments have historically been shifting away from competition and democracy towards monopoly and oligarchy.
Tracing over a century of neoliberal planning and backdoor bailouts, Blakeley takes us on a deeply reported tour of the corporate crimes, political maneuvering, and economic manipulation that elites have used to enshrine a global system of “vulture capitalism”—planned capitalist economies that benefit corporations and the uber-wealthy at the expense of the rest of us.
As “the sort of book that will help us make a better world” (Rob Delaney, New York Times bestselling author), Vulture Capitalism exposes the cracks already emerging within capitalism, lighting a path forward for how we can democratize our economy, not just our politics, to ensure true freedom for all.
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Community Reviews
The book is accessible and the additional examples provided on a case by case basis could enhance the overall experience for a novice reader. That said, I found the author's treatment of the topic somewhat superficial, particularly when discussing alternatives; the solutions presented seemed rather lackluster. Also, I'm not sure about my preference for the case by case exploration. Personally, I would have preferred more general theoretical elaboration in the initial portion of the book, followed by real-life examples. I understand that this might have made the book bulkier and less appealing. Overall, I would rate it 3.5 out of 5.
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