provide a masterful century-long history of US corporate activity and state economic strategy. Insofar as capitalist states are where class interests are codified, their spicy reading of dry officialdom’s milquetoast narratives is absolutely vital to our knowledge about power.
Furthermore, Bond emphasizes the resoluteness of thier political commitment to Marxian principles that critique liberal reformism whilst defending "socialist aspirations."
Visit Red Pepper to read the review in full.
The Making of Global Capitalism is making waves across the UK and Europe. As Adam David Morton, Associate Professor in Political Economy and co-Director of the Centre for the Study of Social and Global Justice (CSSGJ) at the University of Nottingham, notes on his blog, "the book is rightly heralded as a groundbreaking assessment of American empire in shaping global capitalism." Furthermore:
This is a political economy of American empire that rivals the work of Eric Hobsbawm in its accessibility and its forensic grasp of the intellectuals of statecraft (referring to a whole community of American state bureaucrats, leaders, foreign policy experts, and advisors who comment upon, influence, and conduct the activities of statecraft) essential to the making of global capitalism.
This week, Aaron Leonard interviews Leo Panitch and Sam Gindin on the subject of their recently released book The Making of Global Capitalism, in which they recount these moments of weakness and explain how the U.S.pushed past them to create the global economy as we know it. In the first installation of this three-part series, the two authors go back to World War II to trace the construction of the U.S. empire, moving from the context of a post-war nationalistic interest in free enterprise to the systematic push for an open global market, a market friendliest to multinational corporations and big banks.