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Title: The Global Gamble: Washington's Faustian Bid for World Dominance by Peter Gowan ISBN: 1-85984-271-2 Publisher: Verso Books Pub. Date: August, 1999 Format: Paperback Volumes: 1 List Price(USD): $20.00 |
Average Customer Rating: 3.75 (4 reviews)
Rating: 4
Summary: The Truth Behind The Plan
Comment: Peter Gowan, writing in a sobber and technical way, clearly demonstrates the incredible amount of premeditation that the United States used to begin his fight for global economic domination, beginning with the Nixon instructed ending of the gold-dollar arrangment.
The US sometimes is not aware that his politics, controlling the IMF, the World Bank and the World Trade Organization, is making their ruling class richier and richier, and the world poorer and poorer, and this situation will not stand for long.
This is a great book. No wonder it has so few reviews here, since people are not interested in knowing what's going on in all the ruined economies around the world, mos of them ruined not only bytheir own incompetence, but also by the IMF rules, when the IMF is nothing more than a puppet to Washington...
Rating: 5
Summary: On Target Perspective
Comment: Can globalization be understood as the strictly market-driven phenomenon its proponents claim it to be. No, argues Peter Gowan, an editor of New Left Review. Such a narrow economic focus provides little real insight into the forces and objectives behind the American-led push to globalize. Instead, Gowan insists, there is a political component to the equation too often overlooked, yet it is this political component that provides the needed framework. Key here is what Gowan terms the Dollar Wall Street Regime (DWSR), a collaboration between Wall Street and financial organs of government. Contrary to orthodox opinion, DWSR views the relation between the state and the private sector as an essentially cooperative one, at least at the upper reaches of big business. Thus an intertwining of politics and economics stands behind the American drive for global dominance, a strategy that makes coordinate use of both state and private resources. Characterizing DWSR are two far-reaching and controversial theses. First, despite current wisdom, the state remains a key actor on the international stage, at least in the industrialized world; and second, there is nothing inevitable about a globalizing process once the role of political choice is understood. Taken together, these contentions challenge not only widely-held mainstream beliefs but swathes of ideological opinion on both left and right.
Gowan traces the historical evolution of DWSR in Part One, with an emphasis on international financial jockeying. Part Two focuses on the political dimension, particularly as it bears on the Middle East and eastern Europe. DWSR's capacity to illuminate is especially strong when dealing with post-cold war events in eastern Europe. Here it's fascinating to note the architect of Shock Therapy Jeffrey Sachs' incomprehension of how his measures are used to subjugate the region to US and European interests, instead of conforming to his more egalitarian theoretical model. In short, selfish political ends are deceitfully used by DWSR to guide a concrete program like Shock Therapy, despite rhetoric to the contrary -- rhetoric Sachs apparently takes at face value, leaving him no one to blame for the failures except bumbling bureaucrats. As the author points out, Shock Therapy actually worked quite effectively as one component in the West's drive to subordinate the economies of former Soviet Bloc states.
Gowan's book is invaluable for making sense of current global developments: evidence of an axis like the DWSR appears overwhelming in daily news accounts, both foreign (Iraqi oil-grab) and domestic (Enron revelations). The author's style is scholarly, yet accessible to the serious reader, even though an index and bibliography would have been helpful. It's unfortunate that the work appears to be going largely unnoticed on the Amazon web. It certainly deserves a much better outcome.
Rating: 1
Summary: Sorry I Bought It...
Comment: Alas! I disagree with Michael M: reading this book was a waste of my time, and buying it a waste of my money. The problem is that he gets the "inside" story pretty much completely wrong...
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Title: The Boom and The Bubble: The US in the World Economy by Robert Brenner ISBN: 1859844839 Publisher: Verso Books Pub. Date: October, 2003 List Price(USD): $16.00 |
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Title: The Decline of American Power: The U.S. in a Chaotic World by Immanuel Wallerstein ISBN: 1565847997 Publisher: New Press Pub. Date: July, 2003 List Price(USD): $17.95 |
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Title: The Long Twentieth Century: Money, Power, and the Origins of Our Times by Giovanni Arrighi ISBN: 1859840159 Publisher: Verso Books Pub. Date: December, 1994 List Price(USD): $22.00 |
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Title: Contours of Descent: US Economic Fractures and the Landscape of Global Austerity by Robert Pollin ISBN: 1859846734 Publisher: Verso Books Pub. Date: September, 2003 List Price(USD): $21.00 |
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Title: The Marshall Plan : America, Britain and the Reconstruction of Western Europe, 1947-1952 by Michael J. Hogan ISBN: 0521378400 Publisher: Cambridge University Press Pub. Date: 27 January, 1989 List Price(USD): $27.00 |
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