Chronicles the history of the De Beers diamond mines, from Johannes De Beer's humble South African ranch to the Oppenheimers' vast empire. By the author of A Journal of the Plague Years. ...
|Title||:||The Last Empire: de Beers, Diamonds, and the World|
|Number of Pages||:||480 Pages|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
The Last Empire: de Beers, Diamonds, and the World Reviews
Yes, the diamond industry is run by a cartel. A bit of a slow read through the history, but interesting nonetheless.
This is a history of De Beers, the South African company that literally created and maintained the world diamond industry. The early history of the firm under Cecil Rhodes is a great story, as is the development of the modern De Beers and the worldwide cartel under the leadership of the Oppenheimer family. Much detail is provided about the firm, the mining and processing of diamonds, and the political struggles of De Beers. How the cartel actually worked as an economic unit deserved more detail. A reader today would want to know about the history of the firm in adapting to a post-apartheid world, but the book remains valuable for the history of De Beers.
I enjoyed this book, especially the early sections about the "big hole" at Kimberley and the coverage of Cecil Rhodes and Barney Barnato. The later sections of the book are far less cutting and read like an authorised and sanitised history of the Oppenheimers.
Interesting to say the least…..control, control control