Multinationals on Trial

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. Introduction; Chapter 1 Empire and Imperialism; Chapter 2 Imperialisms, Old and New; Chapter 3 Foreign Investment at Work; Chapter 4 The Social Dimension of Foreign Investment; Chapter 5 Policy Dynamics of Foreign Investment; Chapter 6 Foreign Investment and the State; Chapter 7 Anti-Imperialism and Foreign Investment; Chapter 8 Anti-Imperialist Regime Dynamics;