Multinationals on Trial: Foreign Investment Matters
Apr 2016 · Routledge
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182
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About this ebook
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 (FDI). 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.
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 www.rebelion.org Henry Veltmeyer is Professor of Development Studies at the Universidad Autónoma 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).
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