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Global Fracture

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Table of Contents

Preface Introduction to New Edition Introduction to First Edition Part I An American World 1. Pax Americana 2. The Treasury-bill Standard Versus the Gold Standard 3. Third World Problems 4. Cold War Strains Resolve Themselves in Detente Part II Global Fracture 5. The Events of 1973 6. U.S. Trade Strategy Culminates in Export Embargoes 7. The Oil War Transforms World Diplomacy 8. America's New Financial Strategy 9. Closing the Open Door to World Investment 10. The Ending of U.S. Foreign Aid 11. America's Steel Quotas Herald a New Protecionism 12. The Ending of Laissez Faire 13. Basic Objectives 14. World Financial Reform 15. New Aims of World Trade 16. Government Regulation of International Investment 17. The Future of War 18. Some Implications of the New International Economic Order 19. The American Response Notes Index

About the Author

Michael Hudson is an independent Wall Street financial economist. After working as an economist for the Chase Manhattan Bank and Arthur Anderson in the 1960s he taught international finance at the New School in New York, and is presently Distinguished Professor of Economics at the University of Missouri (Kansas City). He has published widely on the topic of the US's economic dominance, and has been an economic adviser to the Canadian, Mexican, Russian and US governments, and to the United Nations Institute for Training and Research. His previous book for Pluto Press is Super Imperialism - New Edition (2003).


"'Hudson is one of the tiny handful of economic thinkers in today's world who are forcing us to look at old questions in startling new ways.' Alvin Toffler, best-selling author of Future Shock and The Third Wave"

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