This book provides a comprehensive guide to the systemic dimensions of the US empire. Petras elaborates the changes within the US ruling class, as its manufacturing sector declines and gives way to... This description may be from another edition of this product.
What the U.S. corporate media will never tell you.
Published by Thriftbooks.com User , 15 years ago
A must-read for anyone who wants to understand world economics, all the truth about what the U.S. media is not allowed to report on.
Good Academic Analysis and Thought Provoking
Published by Thriftbooks.com User , 16 years ago
This is the second book that I have read by James Petras- the first was 'The Power of Israel in the United States'. I enjoyed his first book as well as this one. He is quite an academic virtuoso providing a sociological, historical, organizational, and political perspective as to whom controls the world and its money, resources, and, of course, politicians. Mainly, he points the finger at MNC's (Multinational Corporations) that are quite effective at neutralizing any dissent, exploiting indigenous populations, and bribing politicians. He discusses somewhat the influence of Zionists in their quest to control the Middle East and the influence of money interests, i.e., hedge funds, equity firms, and investment banks, in capturing world industry and rsources. Moreover,Petras argues that China is simply a puppet of the Central Imperial Power- the United States given the amount of foreign investment in the country. I enjoyed this book very much - he is indeed thought provoking, challenging, and difficult read due to his complex and academic writing style. I think this book should be viewed as an academic reference- this is definitely not simple casual reading. The only few criticisms I had of the book was at times, he would have emotional outbursts against the Zionists and Capitalism in general- personally, I would refrain from this because I believe it leaves less room for credibility. Moreover, I do not agree with his idea that nationalizing industries is the way to go when it comes to foreign trade. Nevertheless, I recommend anybody read this book if your up for the challenge.
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