Over the last decade, interventions in Afghanistan, Iraq, and elsewhere have led academics and activists to question the prerogatives of American empire. At the same time, the global financial crisis has created space for a renewed discussion not just about inequality and redistribution, but capitalism itself.

Yet recent conversations about empire and capitalism have tended to operate in isolation, with little attention paid to how they are bound together and what these interconnections might mean for projects of social change.

Aziz Rana’s book, The Two Faces of American Freedom, now out in paperback, embodies a sustained attempt to link these two conversations. It presents a historical account of the relationship between external projections of power and internal judgments of economic liberty in the United States.