Tag Archives: Economics

Trade Battles: Activism and the Politicization of International Trade Policy

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Kay, Tamara and R.L. Evans. 2019. Trade Battles: Activism and the Politicization of International Trade Policy. New York: Oxford University Press.

Trade BattlesTrade was once an esoteric economic issue with little domestic policy resonance. Activists did not prioritize it, and grassroots political mobilization seemed unlikely to free trade advocates. The passage of the North American Free Trade Agreement in the early 1990s was therefore expected to be a fait accompli. Yet, as Trade Battles shows, activists pushed back: they increased the public consciousness on trade, mobilized new constituencies against it, and demanded that the rules of the global economy protect the collective rights and common good of citizens. Activists also forged a sustained challenge to U.S. trade policies after NAFTA, setting the stage for future trade battles.

Using data from extensive archival materials and over 215 interviews with Mexican, Canadian, and U.S. trade negotiators; labor and environmental activists; and government officials, Tamara Kay and R.L. Evans assess how activists politicized trade policy by leveraging broad divisions across state and non-state arenas. Further, they demonstrate how activists were not only able to politicize trade policy, but also to pressure negotiators to include labor and environmental protections in NAFTA’s side agreements. A timely contribution, Trade Battles seeks to understand the role of civil society in shaping state policy. Order online at www.global.oup.com with promotion code ASFLYQ6 to save 30%

First Class Passengers on a Sinking Ship: Elite Politics and the Decline of Great Power

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Lachmann, Richard. 2020. First Class Passengers on a Sinking Ship: Elite Politics and the Decline of Great Power. Verso Books.

First Class PassengersThe extent and irreversibility of US decline is becoming ever more obvious as America loses war after war and as one industry after another loses its technological edge. Lachmann explains why the United States will not be able to sustain its global dominance. He contrasts America’s relatively brief period of hegemony with the Netherlands’ similarly short primacy and Britain’s far longer era of leadership.

Decline in all those cases was not inevitable and did not respond to global capitalist cycles. Rather, decline is the product of elites’ success in grabbing control of resources and governmental powers. Not only are ordinary people harmed, but also capitalists become increasingly unable to coordinate their interests and adopt policies and make investments necessary to counter economic and geopolitical competitors elsewhere in the world.

Conflicts among elites and challenges by non-elites determine the timing and mold the contours of decline. Lachmann traces the transformation of US politics from an era of elite consensus to present-day paralysis combined with neoliberal plunder, explains the paradox of an American military with an unprecedented technological edge unable to subdue even the weakest enemies, and the consequences of finance’s cannibalization of the US economy.