In a lively critique of how international and comparative political economy misjudge the relationship between global markets and states, this book demonstrates the central place of the American state in today's world of globalized finance. The contributors set aside traditional emphases on military intervention, looking instead to economics.

LEO PANITCH is the Canada Research Chair in Comparative Political Economy and Distinguished Research Professor at York University, Toronto, Canada, and the co-editor of the Socialist Register.

MARTIJN KONINGS is currently a researcher at York University, Toronto, Canada.