Vulture Capitalism: Corporate Crimes, Backdoor Bailouts, and the Death of Freedom

Grace Blakeley argues that the free market is a myth, asserting that the global economy is actually governed by a planned system coordinated between massive corporations and state institutions. She details how private interests use government power to secure bailouts and monopolistic advantages while shifting financial risks onto the public. Through case studies involving Boeing, Credit Suisse, and the privatization of public services, Blakeley demonstrates how capital concentration removes decision-making from democratic oversight. The text identifies this fusion of corporate and state planning as the primary driver of modern inequality and the erosion of individual liberty.

Policy analysts, activists, and students of political economy read this book to understand the mechanisms of state-sponsored capitalism. Readers gain a technical perspective on how financial institutions bypass market competition through strategic lobbying and regulatory capture. The book provides a practical framework for identifying corporate reliance on public subsidies and offers strategies for reclaiming economic sovereignty. By the end, the reader possesses a clear vocabulary for discussing the structural inequities inherent in the current financial landscape and the ways communal planning can replace elite-driven agendas.