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

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Description

This book describes the genesis of America's political and financial domination. Michael Hudson's study of US 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 obvious; 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.show more

Product details

  • Paperback | 448 pages
  • 149.86 x 226.06 x 25.4mm | 612.35g
  • PLUTO PRESS
  • London, United Kingdom
  • English
  • New edition
  • New edition
  • 1 figure, notes, index
  • 0745319890
  • 9780745319896
  • 376,094

Review quote

'One of the most important books of this century. It is the first work to synthesise the new and different forms which capitalist imperialism has assumed' -- Terence McCarchy, Columbia University 'Illuminates one of the most powerful forces in global economics - one which is hidden, and widely misunderstood - this book is vital reading' -- Ann Pettiforshow more

About Michael Hudson

Michael Hudson is an economist who has worked for Chase Manhattan Bank, Arthur Andersen & Co., and the Hudson Institute. He has taught at New York University and the New School.show more

Table of contents

Preface to the second edition, 2002 Introduction I. BIRTH OF THE AMERICAN WORLD ORDER: 1914-1946 1. Origins of Inter-Governmental Debt, 1917-1921 2. Breakdown of World Balance, 1921-1933 3. America Spurns World Leadership 4. Lend-Lease and the Fracturing of Britain's Empire, 1941-1945 5. Bretton Woods: The Triumph of US Government Finance Capital, 1944-1945 6. Isolating the Communist Bloc, 1945-1946 II. THE INSTITUTIONS OF AMERICAN EMPIRE 7. American Strategy within the World Bank 8. The Imperialism of US Foreign Aid 9. GATT and the Double Standard 10. Dollar Domination through the IMF III. MONETARY IMPERIALISM AND THE US TREASURY-BILL STANDARD 11. Financing America's Wars with Other Nations' Resources, 1964-1968 12. Power through Bankruptcy, 1968-1970 13. Perfecting Empire through Monetary Crisis, 1970-1972 14. The Monetary Offensive of Spring 1973 15. Monetary Imperialism Notes Indexshow more

Rating details

46 ratings
4.1 out of 5 stars
5 43% (20)
4 30% (14)
3 22% (10)
2 2% (1)
1 2% (1)
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