Multinationals on Trial: Foreign Investment Matters

Multinationals on Trial: Foreign Investment Matters
ISBN-10
1317093313
ISBN-13
9781317093312
Category
Political Science
Pages
182
Language
English
Published
2016-04-15
Publisher
Routledge
Authors
Henry Veltmeyer, James Petras

Description

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.

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