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Author: David E. Spiro Publisher: Cornell University Press ISBN: 1501711970 Category : Political Science Languages : en Pages : 195
Book Description
Between 1973 and 1980, the cost of crude oil rose suddenly and dramatically, precipitating convulsions in international politics. Conventional wisdom holds that international capital markets adjusted automatically and remarkably well: enormous amounts of money flowed into oil-rich states, and efficient markets then placed that new money in cash-poor Third World economies. David Spiro has followed the money trail, and the story he tells contradicts the accepted beliefs. Most of the sudden flush of new oil wealth didn't go to poor oil-importing countries around the globe. Instead, the United States made a deal with Saudi Arabia to sell it U.S. securities in secret, a deal resulting in a substantial portion of Saudi assets being held by the U.S. government. With this arrangement, the U.S. government violated its agreements with allies in the developed world. Spiro argues that American policymakers took this action to prop up otherwise intolerable levels of U.S. public debt. In effect, recycled OPEC wealth subsidized the debt-happy policies of the U.S. government as well as the debt-happy consumption of its citizenry.
Author: David E. Spiro Publisher: Cornell University Press ISBN: 1501711970 Category : Political Science Languages : en Pages : 195
Book Description
Between 1973 and 1980, the cost of crude oil rose suddenly and dramatically, precipitating convulsions in international politics. Conventional wisdom holds that international capital markets adjusted automatically and remarkably well: enormous amounts of money flowed into oil-rich states, and efficient markets then placed that new money in cash-poor Third World economies. David Spiro has followed the money trail, and the story he tells contradicts the accepted beliefs. Most of the sudden flush of new oil wealth didn't go to poor oil-importing countries around the globe. Instead, the United States made a deal with Saudi Arabia to sell it U.S. securities in secret, a deal resulting in a substantial portion of Saudi assets being held by the U.S. government. With this arrangement, the U.S. government violated its agreements with allies in the developed world. Spiro argues that American policymakers took this action to prop up otherwise intolerable levels of U.S. public debt. In effect, recycled OPEC wealth subsidized the debt-happy policies of the U.S. government as well as the debt-happy consumption of its citizenry.
Author: Richard James Aldrich Publisher: ISBN: Category : History Languages : en Pages : 828
Book Description
In this highly readable history, a noted author reveals startling new information about the relationship between Britain and the US during the Cold War: the extent of the US and British covert operation successes--notably in Iran and Guatemala--as well as many costly debacles and follies. 32 photos.
Author: Brink Lindsey Publisher: John Wiley & Sons ISBN: 0471206652 Category : Business & Economics Languages : en Pages : 351
Book Description
A refreshing, insightful look into the political and economicdynamics driving globalization today Globalization: it's earlier than you think. That's the provocativemessage of Against the Dead Hand, which traces the rise and fall ofthe century-long dream of central planning and top-down control andits impact on globalization-revealing the extent to which the "deadhand" of the old collectivist dream still shapes the contours oftoday's world economy. Mixing historical narrative,thought-provoking arguments, and on-the-scene reporting andinterviews, Brink Lindsey shows how the economy has grown up amidstthe wreckage of the old regime-detailing how that wreckageconstrains the present and obscures the future. He conveys aclearer picture of globalization's current state than the currentconventional wisdom, providing a framework for anticipating thefuture direction of the world economy.
Author: Ernesto Laclau Publisher: Verso Books ISBN: 1781681546 Category : Philosophy Languages : en Pages : 225
Book Description
In this hugely influential book, Laclau and Mouffe examine the workings of hegemony and contemporary social struggles, and their significance for democratic theory. With the emergence of new social and political identities, and the frequent attacks on Left theory for its essentialist underpinnings, Hegemony and Socialist Strategy remains as relevant as ever, positing a much-needed antidote against ‘Third Way’ attempts to overcome the antagonism between Left and Right.
Author: Radhika Desai Publisher: Pluto Press ISBN: 9780745329925 Category : Political Science Languages : en Pages : 240
Book Description
Geopolitical Economy radically reinterprets the historical evolution of the world order, as a multi-polar world emerges from the dust of the financial and economic crisis. Radhika Desai offers a radical critique of the theories of US hegemony, globalisation and empire which dominate academic international political economy and international relations, revealing their ideological origins in successive failed US attempts at world dominance through the dollar. Desai revitalizes revolutionary intellectual traditions which combine class and national perspectives on 'the relations of producing nations'. At a time of global upheavals and profound shifts in the distribution of world power, Geopolitical Economy forges a vivid and compelling account of the historical processes which are shaping the contemporary international order.
Author: Inderjeet Parmar Publisher: Columbia University Press ISBN: 0231517939 Category : History Languages : en Pages : 369
Book Description
Inderjeet Parmar reveals the complex interrelations, shared mindsets, and collaborative efforts of influential public and private organizations in the building of American hegemony. Focusing on the involvement of the Ford, Rockefeller, and Carnegie foundations in U.S. foreign affairs, Parmar traces the transformation of America from an "isolationist" nation into the world's only superpower, all in the name of benevolent stewardship. Parmar begins in the 1920s with the establishment of these foundations and their system of top-down, elitist, scientific giving, which focused more on managing social, political, and economic change than on solving modern society's structural problems. Consulting rare documents and other archival materials, he recounts how the American intellectuals, academics, and policy makers affiliated with these organizations institutionalized such elitism, which then bled into the machinery of U.S. foreign policy and became regarded as the essence of modernity. America hoped to replace Britain in the role of global hegemon and created the necessary political, ideological, military, and institutional capacity to do so, yet far from being objective, the Ford, Rockefeller, and Carnegie foundations often advanced U.S. interests at the expense of other nations. Incorporating case studies of American philanthropy in Nigeria, Chile, and Indonesia, Parmar boldly exposes the knowledge networks underwriting American dominance in the twentieth century.
Author: Frederick Kaufman Publisher: Other Press, LLC ISBN: 1590517180 Category : Business & Economics Languages : en Pages : 305
Book Description
Half fable, half manifesto, this brilliant new take on the ancient concept of cash lays bare its unparalleled capacity to empower and enthrall us. Frederick Kaufman tackles the complex history of money, beginning with the earliest myths and wrapping up with Wall Street’s byzantine present-day doings. Along the way, he exposes a set of allegorical plots, stock characters, and stereotypical metaphors that have long been linked with money and commercial culture, from Melanesian trading rituals to the dogma of Medieval churchmen faced with global commerce, the rationales of Mercantilism and colonial expansion, and the U.S. dollar’s 1971 unpinning from gold. The Money Plot offers a tool to see through the haze of modern banking and finance, demonstrating that the standard reasons given for economic inequality—the Neoliberal gospel of market forces—are, like dollars, euros, and yuan, contingent upon structures people have designed. It shines a light on the one percent’s efforts to contain a money culture that benefits them within boundaries they themselves are increasingly setting. And Kaufman warns that if we cannot recognize what is going on, we run the risk of becoming pawns and shells ourselves, of becoming characters in someone else’s plot, of becoming other people’s money.
Author: Steve Coll Publisher: Penguin ISBN: 1101572140 Category : Business & Economics Languages : en Pages : 654
Book Description
“ExxonMobil has met its match in Coll, an elegant writer and dogged reporter . . . extraordinary . . . monumental.” —The Washington Post “Fascinating . . . Private Empire is a book meticulously prepared as if for trial . . . a compelling and elucidatory work.” —Bloomberg From the Pulitzer Prize-winning and bestselling author of Ghost Wars and The Achilles Trap, an extraordinary exposé of Big Oil. Includes a profile of current Secretary of State and former chairman and chief executive of ExxonMobil, Rex Tillerson In this, the first hard-hitting examination of ExxonMobil—the largest and most powerful private corporation in the United States—Steve Coll reveals the true extent of its power. Private Empire pulls back the curtain, tracking the corporation’s recent history and its central role on the world stage, beginning with the Exxon Valdez accident in 1989 and leading to the Deepwater Horizon oil spill in the Gulf of Mexico in 2010. The action spans the globe—featuring kidnapping cases, civil wars, and high-stakes struggles at the Kremlin—and the narrative is driven by larger-than-life characters, including corporate legend Lee “Iron Ass” Raymond, ExxonMobil’s chief executive until 2005, and current chairman and chief executive Rex Tillerson, President-elect Donald Trump's nomination for Secretary of State. A penetrating, news-breaking study, Private Empire is a defining portrait of Big Oil in American politics and foreign policy.
Author: James C. Scott Publisher: Yale University Press ISBN: 0300153562 Category : Political Science Languages : en Pages : 272
Book Description
"Play fool, to catch wise."--proverb of Jamaican slaves Confrontations between the powerless and powerful are laden with deception--the powerless feign deference and the powerful subtly assert their mastery. Peasants, serfs, untouchables, slaves, laborers, and prisoners are not free to speak their minds in the presence of power. These subordinate groups instead create a secret discourse that represents a critique of power spoken behind the backs of the dominant. At the same time, the powerful also develop a private dialogue about practices and goals of their rule that cannot be openly avowed. In this book, renowned social scientist James C. Scott offers a penetrating discussion both of the public roles played by the powerful and powerless and the mocking, vengeful tone they display off stage--what he terms their public and hidden transcripts. Using examples from the literature, history, and politics of cultures around the world, Scott examines the many guises this interaction has taken throughout history and the tensions and contradictions it reflects. Scott describes the ideological resistance of subordinate groups--their gossip, folktales, songs, jokes, and theater--their use of anonymity and ambiguity. He also analyzes how ruling elites attempt to convey an impression of hegemony through such devices as parades, state ceremony, and rituals of subordination and apology. Finally, he identifies--with quotations that range from the recollections of American slaves to those of Russian citizens during the beginnings of Gorbachev's glasnost campaign--the political electricity generated among oppressed groups when, for the first time, the hidden transcript is spoken directly and publicly in the face of power. His landmark work will revise our understanding of subordination, resistance, hegemony, folk culture, and the ideas behind revolt.
Author: Michio Kaku Publisher: ISBN: 9780921689072 Category : Nuclear warfare Languages : en Pages : 380
Book Description
To Win a Nuclear War records as fully as we are likely to find what has gone on in the minds of American leaders and nuclear strategists on this awesome subject during these fateful forty years. It is an appalling story... This book compels us to re-think and re-write the history of the Cold War and the arms race."--From the foreword by Ramsey Clark, former Attorney General of the United States. To Win a Nuclear War provides a startling glimpse into secret U.S. plans to initiate a nuclear war from 1945 to the present. Based on recently declassified Top Secret documents obtained through the Freedom of Information Act, this book meticulously traces how U.S. policy makers in over a dozen episodes have threatened to initiate a nuclear attack. The book also documents the surprising reasons why the war plans were never carried out and discloses the deeper, hidden meaning of the Star Wars program.