UK – The City of London, Wall Street and the Reconquest of America in the Age of Financial Capitalism

SOTT – In the two millennia since the Romans fortified the lowest crossing point of the River Thames, the City of London’s wealth has meant neither the Crown, nor Parliament could subordinate it. From an early stage, the City became the dominant power in foreign policy and government finance in Britain (nee England). The Ulster plantation and the Royal charters for the Levant Company and the East India Company were orchestrated by powerful City financiers. Traditionally, and to the ire of successive generations of British manufacturers, the City of London preferred international investments to investing in local industry. CONTINUE READING