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Capitalising Economic Power in the USIntroduction

Capitalising Economic Power in the US: Introduction [This chapter outlines the relationship existing between economic power, institutions and industrial development. It uses these theoretical categories to introduce the role of the US economic power in the context of the global institutional order as an active force in promoting the interest of the American industry. In this framework, this chapter introduces the fundamental elements of the American industrial strategy in the neoliberal era: a rhetoric fostering a widespread consensus for a “free market” regime, the influence in defining the rules of the international economic game, and the activism, at domestic level, in protecting and promoting the national industrial system. Overall, this chapter lays the foundations to understand the evolution of the US industrial strategy over the past 40 years.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Capitalising Economic Power in the USIntroduction

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s) 2019
ISBN
978-3-319-76647-8
Pages
1 –16
DOI
10.1007/978-3-319-76648-5_1
Publisher site
See Chapter on Publisher Site

Abstract

[This chapter outlines the relationship existing between economic power, institutions and industrial development. It uses these theoretical categories to introduce the role of the US economic power in the context of the global institutional order as an active force in promoting the interest of the American industry. In this framework, this chapter introduces the fundamental elements of the American industrial strategy in the neoliberal era: a rhetoric fostering a widespread consensus for a “free market” regime, the influence in defining the rules of the international economic game, and the activism, at domestic level, in protecting and promoting the national industrial system. Overall, this chapter lays the foundations to understand the evolution of the US industrial strategy over the past 40 years.]

Published: May 26, 2018

Keywords: Economic power; Institutions; Industrial development; Industrial strategy; United States

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