Corporate Power and Globalization in US Foreign Policy
More than a decade into the new millennium, the fusion of corporate and state power is the essential defining feature of US foreign policy. This edited volume critically examines the relationship between corporations and the US state in the development of foreign policies related to globalization.
Drawing together a wide range of contributors, this work explores the role of corporations in using US foreign policies to advance the interests of transnational capital in a wide range of contexts, including:
- how US government policies have contributed to the globalization of production and finance
- the ways in which transnational corporations have influenced the US relationship with China, a crucial linkage in the new era of transnational accumulation
- how transnational corporate power has shaped capital-labour relations, humanitarian intervention, structural adjustment policies, low-intensity democracy and the G20 summits
- the "corporate centrism" of the Obama Administration, whose policies have been consistent with the growing power of transnational capital in US foreign policymaking
- the politics and consequences of the embedded relationship between various sectors of the transnational capitalist class, global institutions and the US state, including the limits and contradictions of this relationship during the ongoing capitalist crisis.
This work will be of great interest to students and scholars of both US foreign policy and international political economy.
Introduction: Corporate Power and the Threat to Democracy Ronald W Cox 1. Corporate Finance and US Foreign Policy Ronald W. Cox 2. Transnational Capital and the US-China Nexus Ronald W. Cox and Sylvan Lee 3. The International Labor Solidarity Center in the Global Economy Ronald W. Cox and G. Nelson Bass 4. The Corporate Centrism of the Obama Administration Daniel Skidmore-Hess 5. The Military-Industrial Complex in a Globalized Context David Gibbs 6. Financialization, Corporate Powers and South African Subimperialism Patrick Bond 7. The Political Economy of Low-Intensity Democracy William Aviles 8. Class Power, Neoliberalism and the G20 Summits Susanne Soederberg Conclusion: What Now? Implications of the Long Turn to the Right Ronald W. Cox and Dan Skidmore-Hess