This article presents an analysis of the operations of the Peruvian Amazon Company through an accounting lens. It is suggested that a focus on asset categories augments our knowledge of the company’s exploitation of the land and Indigenous peoples of Amazonia. In particular, the study explores the PAC’s questionable ownership of estates in the Putumayo, what its approach to valuing those estates implied about enslavement, how its treatment of “expenses of conquest” and the inclusion of armaments on the balance sheet indicated the forced subjugation of labor, and how the classification of rubber collectors and their Barbadian overseers as debtors further suggests the practice of debt peonage. Although the findings affirm the utilization of accounting as a facilitator of subjugation, it is shown that in the hands of humanitarians such as Roger Casement, accounting could also be deployed in the pursuit of emancipation.

Historians have long explored the links between the environmental and the economic. Yet as the global climate crisis deepens with every passing month, it becomes ever more obvious just how related the environmental and the economic are. Driven by the by-products of economic growth, rising sea levels, floods, droughts, and extreme heat devastate ecosystems and claim increasing numbers of lives. They also continue to wreck enormous economic damage, itself the cause of untold immiseration. The climate crisis, most obviously, is an environmental crisis. But it is also an economic crisis and a crisis of political and social action.