Description
'Provocative and detailed ... Excellent' The Telegraph
'Shocking and meticulous' Danny Dorling
'An eye-opening revelation ... a must-read' Joel Bakan
THE TELEGRAPH BEST BOOKS OF 2024
British politicians love to vaunt the benefits of the UK's supposed 'special relationship' with the US. But are we really America's economic partner - or its colony?
Vassal State lays bare the extent to which US corporations own and control Britain's economy: how American business chiefs decide what we're paid, what we buy, and how we buy it. US companies have carved up Britain between them, siphoning off enormous profits, buying up our most lucrative firms and assets, and extracting huge rents from UK PLC - all while paying little or no tax. Meanwhile, policymakers, from Whitehall mandarins to NHS chiefs, shape their decisions to suit the whims of our American corporate overlords.
Based on his 40 years of business experience, devastating new research, and interviews with the major players, Angus Hanton exposes why Britain has become the poor transatlantic relation - and what we can do to change it.
About the Author
Angus Hanton is a successful entrepreneur, investor and researcher. He's also deeply engaged in public policy debate having co-founded the Intergenerational Foundation, a think-tank focused on the interests of younger generations.
Reviews
'A provocative and detailed study of how Britain's economy fell victim to US power - and how to respond ... Excellent' - Tomiwa Owolade, The Telegraph
'Read this and you'll never again have a high street coffee, switch on your computer - do virtually anything - without pausing, anxiously, to think about the suffocating extent of American corporate domination of our lives. Meticulous and calm, Angus Hanton peels away the corporate layers of 'British' capitalism to show how we've allowed a kind of reverse colonisation sucking billions of pounds daily to Chicago, Seattle, San Francisco and New York' Polly Toynbee
'Painstakingly researched and elegantly written, Vassal State is an eye-opening revelation of US-based corporations' near-complete control of the UK economy. Tracing the reasons behind the takeover, why it matters, and what needs to be done to reverse it, this is a must-read for anyone who cares about the UK's future' - Joel Bakan, author of The New Corporation: Why 'Good' Corporations are Bad for Democracy
'A shocking and meticulous description of how today a majority of all the assets held by US corporations in Europe are in the UK; how recent British Prime Minsters and Chancellors have sold out their country; and what has to be done to avoid a historic bankruptcy of Britain and take back control from the Americans' - Danny Dorling, author of Shattered Nation
'What would it really mean to 'take back control' of the British economy? In this fascinating and provocative book, Angus Hanton argues that we need to understand the hold US corporations over the UK's economic prospects - and decide what to do about it' - Diane Coyle, Professor of Public Policy at the University of Cambridge
'Vassal State takes the reader on a dizzying tour of an economy that has come to resemble Orwell's Airstrip One' - Will Dunn, New Statesman
'A lively polemic that asks some timely questions' - Matthew Partridge, Moneyweek
'Fascinating reading. It exposes the extraordinary extent of US influence in Britain. It is provocative, providing valuable food for thought for Britain and the British people' - The Society of Professional Economists
'You'll read it with fascination, anger and a desperate wish for change' - Alexander Larman, Telegraph Best Politics Books of 2024
'If we Britons are all under America's thumb, as this stirring book suggests, at least we can't say we weren't warned' - Telegraph, Best Books of 2024
Book Information
ISBN 9781800753907
Author Angus Hanton
Format Paperback
Page Count 304
Imprint Swift Press
Publisher Swift Press