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It’s the Political Economy Stupid
“Corrupt” Foreign Investment in the 19th-Century United States

Studying the accusations of corruption levied against 19th-century British investment in America can provide grounds for comparing the past to the present—including today’s accusations of corruption against Chinese investment.

Appeared in: Volume 11, Number 4 | Published on: January 7, 2016
Katherine C. Epstein is associate professor of history at Rutgers University-Camden and the author of Torpedo: Inventing the Military-Industrial Complex in the United States and Great Britain. She would like to acknowledge the influence of the work of John Lauritz Larson, Jay Sexton, and Andrew Shankman on the ideas expressed in this essay.
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