Abstract: This book argues that Asian American intellectuals have idealized Asian America, ignoring its saturation with capitalist practices. The idealization of Asian America means that Asian American intellectuals can neither grapple with Asian American ideological diversity nor recognize their own involvement with capitalist practices such as “panethnic entrepreneurship”, the selling of race and racial identity. The book's controversial thesis contradicts the widespread view among Asian American intellectuals — a class that includes academics, artists, politicians, and activists — that contemporary Asian America is a place of resistance to capitalist and racist exploitation. Making its case through a wide range of Asian American literature, which remains a critical arena of cultural production for Asian Americans, the book demonstrates that the literature embodies the complexities, conflicts, and potential future options of Asian American culture and politics.

Keywords: Asian American, culture, diversity, identity, intellectuals, literature, panethnic, politics, race