U.S. Politics and the Global Economy: Corporate Power, Conservative Shift

This thoughtful, highly original book investigates the influence of globalization on ideology and politics in the United States.

Cox and Skidmore-Hess argue that U.S. policy increasingly has been motivated less by anxiety about the independence and stability of the domestic economy and more by worry about factors that might limit the participation of U.S. corporations in international markets. Connecting trends in domestic and foreign policy with the changing needs of industry, they associate increased globalization with the the breakup of the liberal, New Deal coalition; the collapse of the Bretton Woods Agreement in the 1970s; the neoconservative, antiregulatory movements of the 1980s; and the rightward drift of both the Republican and Democratic parties.