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Multinationals on Trial: Foreign Investment Matters

James F. Petras

2.5/5 ( ratings)

The role and economic power of corporations that dominate the world economy has generated considerable controversy. The most heated debate and the most critical questions surrounding the role of multinational corporations relate to foreign direct investment . This key volume offers an entirely fresh perspective of the role of multinationals and the development impact of FDI. Contrary to prevailing opinion, it examines whether imperialism is a much more useful concept for describing and explaining the dynamics of world development than globalization. FDI is a mechanism for empire-centred capital accumulation, a powerful lever for political control and for re-ordering the world economy. This is a much needed analysis of global capitalism and its impact around the world, resulting in an excellent resource for students, academics and activists.

Language: English

Pages: 182

Format: Hardcover

Publisher: Routledge

Release: October 24, 2007

ISBN: 0754649490

ISBN 13: 9780754649496

Multinationals on Trial: Foreign Investment Matters

James F. Petras

2.5/5 ( ratings)

The role and economic power of corporations that dominate the world economy has generated considerable controversy. The most heated debate and the most critical questions surrounding the role of multinational corporations relate to foreign direct investment . This key volume offers an entirely fresh perspective of the role of multinationals and the development impact of FDI. Contrary to prevailing opinion, it examines whether imperialism is a much more useful concept for describing and explaining the dynamics of world development than globalization. FDI is a mechanism for empire-centred capital accumulation, a powerful lever for political control and for re-ordering the world economy. This is a much needed analysis of global capitalism and its impact around the world, resulting in an excellent resource for students, academics and activists.

Language: English

Pages: 182

Format: Hardcover

Publisher: Routledge

Release: October 24, 2007

ISBN: 0754649490

ISBN 13: 9780754649496

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