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Race, debt and empire

Racialising the Newfoundland financial crisis of 1933

Bibliographic Data

ID8962866
AuthorsDeclan Cullen (0000-0002-7977-5620, Department of Geography The George Washington University Washington DC USA, corresponding author)
Year2018
Volume43
Issue4
Pages689-702
Publication date2018-04-16
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueTransactions of the Institute of British Geographers (JOURNAL)
Journal identifiersISSN: 0020-2754 • E-ISSN: 1475-5661
PublisherWiley (PUBLISHER • GB)
DOI10.1111/tran.12229
OpenAlexW2801245165
LanguageEN
Citations received5
References cited45

The recent global financial crisis and related sovereign debt crises in Ireland, Greece, Iceland, Puerto Rico and beyond have highlighted the pressing task of understanding how such crises reshape the spaces we live in. Geographers, most notably David Harvey, have traced the historical roots of the current crisis to the transformation of global financial capitalism since the 1970s. There has, however, been less work on understanding the nature and management of financial crises embedded in different historical geographies. This paper seeks to contribute to that task by investigating Newfoundland's sovereign debt crisis during the Great Depression and its management by the British Empire. Newfoundland, then an independent British Dominion, uniquely relinquished self‐government in return for financial aid. Managing the crisis required difficult ideological work. I argue that to reinforce an imperial geography underpinned by racial distinctions, and to preclude the possibility of default, Newfoundland was scripted as a racially degenerate place in need of metropolitan intervention. The financial crisis produced new racialised geographies that had significant effects on Newfoundland's future

Capitalism · Colonialism · Debt · Dominion · Economic history · Economics · Economy · Empire · Financial crisis · Keynesian economics · Political economy · Political science · Politics · Sovereignty · Australian History and Society · Canadian Identity and History · Finance · Historical Economic and Social Studies · Law

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Unique citing works5
Citations per year0,63
Citation span2018 - 2021 (4)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 5

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