American Empire and the Political Economy of Global Finance

In a lively critique of how international and comparative political economy misjudge the relationship between global markets and states, this book demonstrates the central place of the American state in today's world of globalized finance. The contributors set aside traditional emphases on military intervention, looking instead to economics.

Auteur
LEO PANITCH is the Canada Research Chair in Comparative Political Economy and Distinguished Research Professor at York University, Toronto, Canada, and the co-editor of the Socialist Register.

MARTIJN KONINGS is currently a researcher at York University, Toronto, Canada.

Contenu
Preface Introduction; L.Panitch & M.Konings PART I: CONTOURS AND SOURCES OF IMPERIAL FINANCE Finance and American Empire; L.Panitch & S.Gindin American Finance and Empire in Historical Perspective; M.Konings PART II: CONSTRUCTING THE PILLARS OF IMPERIAL FINANCE US Structural Power and the Internationalization of the US Treasury; D.Sarai Neo-Liberalism and the Federal Reserve; E.Newstadt US Power and the International Bond Market: Financial Flows and the Construction of Risk Value; S.Aquanno Towards the Americanization of European Finance? The Case of Finance-Led Accumulation in Germany; T.Sablowski Accounting for Financial Capital. American Hegemony and the Conflict over International Accounting Standards; T.Sablowski From Bretton Woods to Neoliberal Reforms: The International Financial Institutions and American Power; R.Felder The Role of Financial Discipline in Imperial Strategy; C.Rude Conclusion; M.Konings & L.Panitch