L. Panitch - American Empire and the Political Economy of Global Finance

"American Empire and the Political Economy of Global Finance": Beyond Military Might, A Financial Leviathan

This captivating work challenges conventional wisdom in international and comparative political economy, boldly asserting that the American state, far from being a fading force, holds the key to understanding the intricacies of globalized finance.
Ditching the focus on military interventions, the contributors delve into the economic heart of the matter. They dissect the mechanisms through which the United States, wielding its unparalleled financial muscle, shapes the global economic landscape. The book exposes the hidden dynamics of power in an interconnected world, where financial flows and institutions dance to the tune of American hegemony. Think beyond the traditional narratives of market forces. This book unveils the central role of the American state in setting the rules, influencing policy, and ultimately, orchestrating the very framework of global finance. Through insightful analysis, the contributors reveal how the US, despite its apparent "retreat" from the world stage, exerts profound influence through its mastery of finance. Unveiling the complex interplay of political and economic power, "American Empire and the Political Economy of Global Finance" challenges readers to re-evaluate their understanding of the global financial order. It's a must-read for anyone seeking a deeper understanding of the power dynamics shaping our interconnected world. L. Panitch, the book's editor, is a renowned scholar known for his groundbreaking work on the state and capitalism, and his insights into the power structures of contemporary global finance.