
A Financial Times 'What to read in 2025' Book 'Essential reading' Françoise Vergès, author of A Decolonial Feminism 'Profound and compelling ... A book that I couldn't put down' Adam Hanieh, author of Crude Capitalism Whether it's pumping oil, mining resources or shipping commodities across oceans, the global economy runs on extraction. Promises of frictionless trade and lucrative speculation are the hallmarks of our era, but the backbone of globalisation is still low-cost labour and rapacious corporate control. Extractive capitalism is what made - and is still making - our unequal world. Professor Laleh Khalili reflects on the hidden stories behind late capitalism, from seafarers abandoned on debt-ridden container ships to the nefarious reach of consultancy firms and the cronyism that drives record-breaking profits. Piercing, wry and constantly revealing, Extractive Capitalism brings vividly to light the dark truths behind the world's most voracious industries.
Author
Laleh Khalili is an Iranian American and Professor of International Politics at Queen Mary University of London. She was formerly a Professor of Middle Eastern Politics at the School of Oriental and African Studies at the University of London. She graduated from University of Texas, and received her PhD from Columbia University. Her primary research areas are logistics and trade, infrastructure, policing and incarceration, gender, nationalism, political and social movements, refugees, and diasporas in the Middle East.