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Transnational Capital and the Politics of Global Supply Chains

By Ronald W. Cox


In the latest phase of globalization, transnational corporations based in the U.S. have worked closely with U.S. foreign policymakers to secure favorable foreign direct investment provisions within U.S. domestic legislation and within U.S. trade agreements. These interactions between transnational firms and the U.S. state have provided many of the preconditions for an expansion of foreign direct investment connected to capital liberalization and the growth of global supply chains from the 1980s to the present. This relationship is best conceptualized as representing a “transnational interest bloc,” whose policy objectives are incorporated within investment provisions in US-backed trade and investment agreements

Topics: Transnational Corporations, US Foreign Policy, Power, Profits, Political Science, Social and Behavioral Sciences
Publisher: FIU Digital Commons
Year: 2013
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