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The Unmaking of Global Capitalism? internationalization of production and the national firmament of states. The other is that though the American state has been indispensable to overriding, or at least containing, that contradiction, its declining economic and administrative capacity to do so poses a threat to the viability of the globalization project. Against this, in The Making of Global Capitalism: The Political Economy of American Empire (Panitch and Gindin 2012), the late Leo Panitch and I argued, almost a decade ago, that prevailing notions of an inevitable inconsistency between the national place of states and the international space of production were too mechanical. And alongside that, we argued that the staying power of U.S. leadership, repeatedly underestimated in the past vis-à-vis challenges from Japan, Europe, and Asia, was now being misjudged again.

Bruxelles capitaleUnited statesUnited kingdomCity ofGregory alboDonald trumpDavid langilleLeon trotskyChris boyleLeo panitchBernie sanderSam gindinJeremy corbynJustin rosenbergColin leysFriedrich engels