Super Imperialism: The Origin and Fundamentals of U.S. World Dominance / Edition 2

Super Imperialism: The Origin and Fundamentals of U.S. World Dominance / Edition 2

by Michael Hudson
     
 

ISBN-10: 0745319890

ISBN-13: 9780745319896

Pub. Date: 01/20/2003

Publisher: Pluto Press

Michael Hudson's brilliant shattering book will leave orthodox economists spluttering. Classical economists don't like to be reminded of the ugly realities of Imperialism. Hudson is one of the tiny handful of economic thinkers in today's world who are forcing us to look at old questions in startling new ways. Alvin Toffler, best-selling author of Future Shock and

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Overview

Michael Hudson's brilliant shattering book will leave orthodox economists spluttering. Classical economists don't like to be reminded of the ugly realities of Imperialism. Hudson is one of the tiny handful of economic thinkers in today's world who are forcing us to look at old questions in startling new ways. Alvin Toffler, best-selling author of Future Shock and The Third WaveThis new and completely revised edition of Super Imperialism describes the genesis of America's political and financial domination. Michael Hudson's in-depth and highly controversial study of U.S. financial diplomacy explores the faults built into the core of the World Bank and the IMF at their inception which -- he argues -- were intended to preserve the US's financial hegemony. Difficult to detect at the time, these problems have since become explicit as the failure of the international economic system has become apparent; the IMF and World Bank were set up to give aid to developing countries, but instead many of the world's poorest countries have been plunged into insurmountable debt crises. Hudson's critique of the destructive course of the international economic system provides important insights into the real motivations at the heart of these institutions - and the increasing tide of opposition that they face around the world.

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Product Details

ISBN-13:
9780745319896
Publisher:
Pluto Press
Publication date:
01/20/2003
Edition description:
New Edition
Pages:
448
Sales rank:
530,080
Product dimensions:
5.91(w) x 9.06(h) x 1.20(d)

Table of Contents

Preface to the second edition, 2002
Introduction1
IBirth of the American World Order: 1914-46
1Origins of Intergovernmental Debt, 1917-2139
2Breakdown of World Balance, 1921-3358
3America Spurns World Leadership80
4Lend-Lease and Fracturing of the British Empire, 1941-45119
5Bretton Woods: The Triumph of U.S. Government Finance Capital, 1944-45137
6Isolating the Communist Bloc, 1945-46162
IIThe Institutions of the American Empire
7American Strategy within the World Bank179
8The Imperialism of U.S. Foreign Aid217
9GATT and the Double Standard248
10Dollar Domination through the International Monetary Fund, 1945-46265
IIIMonetary Imperialism and the U.S. Treasury Bill Standard
11Financing America's Wars with Other Nations' Resources, 1964-68291
12Power through Bankruptcy, 1968-70309
13Perfecting Empire through Monetary Crisis, 1970-72328
14The Monetary Offensive of Spring 1973348
15Monetary Imperialism : The Twenty-first Century377
Notes394
Index413

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