Multinationals On Trial: Foreign Investment Matters

Multinationals On Trial: Foreign Investment Matters

Henry Veltmeyer, James Petras

Language: English

Pages: 183


Format: PDF / Kindle (mobi) / ePub

Book Description

Publication Date: October 24, 2007 | ISBN-10: 0754649490 | ISBN-13: 978-0754649496

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 has to do with foreign direct investment (FDI). This book takes an entirely different view of the role of multinationals and the development impact of FDI. It argues that 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 reordering the world economy. This is a much needed analysis of global capitalism and its impact around the world which makes this study an excellent resource for students, academics and activists.

Editorial Reviews
About the Author
James Petras is Professor Emeritus in Sociology at SUNY at Binghamton, New York, USA, and Adjunct Professor in International Development Studies at Saint Mary's University, Halifax, NS, Canada. He is the author of over sixty books and numerous other writings on Latin America and world developments, including The New Development Politics (2003). A list and a file of his periodical writings and journal articles can be accessed via Henry Veltmeyer is Professor of Development Studies at the Universidad Autonoma de Zacatecas (UAZ), Mexico, and Professor of Sociology and International Development Studies at St. Mary's University, Halifax, NS, Canada. He is author of numerous book length studies and scholarly articles on issues of Latin American and world developments, including Globalization and Antiglobalization (2004).
Product Details

Hardcover: 182 pages
Publisher: Ashgate (October 24, 2007)
Language: English
ISBN-10: 0754649490
ISBN-13: 978-0754649496




















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