Restructuring Hegemony in the Global Political Economy : The Rise of Transnational Neo-Liberalism in the 1980s

Since the late 1970s, the spread of Neo-liberalism and the failure of socialist economies and systems in Eastern Europe have resulted in a practically unchallenged hegemony of international capital across the globe. Neo-liberalism is now the dominant ideology, legitimizing the privatisation of state-controlled economies and the substitution of the market for social provision and basic welfare. In Restructuring Hegemony in the Global Political Economy the authors argue that this process began with the defeat of the New International Economic Order, the Euro-Communist ascendency in Western Europe, the overthrow of the Allende government in Chile, and culminated in the collapse of practical socialism. They assert that the victory of neo-liberalism is now so complete that its radical features have come to be accepted as the new normality. Preface / Henk Overbeek -- 1. Restructuring Capital And Restructuring Hegemony: Neo-liberalism And The Unmaking Of The Post-war Order / Henk Overbeek And Kees Van Der Pijl -- 2. The Sovereignty Of Capital Impaired: Social Forces And Codes Of Conduct For Multinational Corporations / Kees Van Der Pijl -- 3. Chile: The Laboratory Experiment Of International Neo-liberalism / Alex E. Fernandez Jilberto -- 4. Neo-liberalism And The Dismantling Of Corporatism In Australia / Ed Kaptein -- 5. Atlanticism And Europeanism In British Foreign Policy / Henk Overbeek -- 6. Transnationalism In Spain: The Paradoxes Of Socialist Rule In The 1980s / Otto Holman -- 7. Neo-liberalism In Germany? The 'wende' In Perspective / Richard Van Der Wurff -- 8. The Neo-liberal Experiment And The Decline Of The Belgian Bourgeoisie / Andre Mommen -- 9. Canada In The Crisis: Transformations In Capital Structure And Political Strategy / William K. Carroll -- 10. Neo-liberalism And The Shift Towards A Us-centred Transnational Hegemony / Stephen R. Gill. Edited By Henk Overbeek. Includes Bibliographical References And Index. This presents a timely appraisal of the process of transforming economic domination as it has unfolded from the late 1970s. The contributors are some of the most stimulating and provocative writers currently working in political economics.