The U.S. has abandoned its quest for the stars, and an old enemy has moved in to fill the void. The potential wealth of the universe is now in malevolent hands. Rebel billionaire Dan Randolph- possessor of the largest privately owned company in space- intends to weaken the stranglehold the new despotic masters of the solar system have on the lucrative ore industry. But when the mineral-rich asteroid he sets in orbit around the Earth is commandeered by the enemy, and his unarmed workers are slaughtered in cold blood, the course of Randolph's life is changed forever. Now cataclysm is aimed at the exposed heart of America- a potential catastrophe that Randolph himself inadvertently set in motion. And the maverick entrepreneur must use his skills, cunning, and vast resources to strike out at his foes hard, fast, and with ruthless precision- and wear proudly the mantle that fate thrust upon him: space pirate!
Interestingly, for a book called Privateers, privateering is a very small part of this book. The majority of the book is about the political and business movements of the space programs of Third World nations under the thumb of the Soviet Union. As this book was written in the 1980s, the premise that the Soviet Union won the Cold War changes this book from pure science fiction to alternate history. About 2/3 the book takes place in situations not too different from the world as it is (business meetings, romantic assignations, playing politics at parties) with only a 1/3 being science fiction as in space stations and lunar bases so this book is more of a thriller than hard sci-fi.