James F. Petras

Rulers and Ruled in the US Empire: Bankers, Zionists and Militants James F. Petras

This book provides a comprehensive guide to the systemic dimensions of the US empire. Petras elaborates the changes within the US ruling class, as its manufacturing sector declines and gives way to the ascendancy of finance capital, illustrated by its dominance of both the US economy, and the parameters for political debate on the US role in the world economy (globalization, trade liberalization). He elaborates the contradictions in current immigration/trade liberalization policies, and how these work toward forcing the displacement of peoples, and furthering the underdevelopment of third world countries. He outlines how the world capitalist system is laced together in an intricate hierarchy where the US pulls most of the strings, even outside its ostensible area of dominance. The role of corruption in securing world markets is addressed, as are the reasons for the spectacular global growth in new billionaires. The role of the Zionist Lobby in America is examined as it relates to the catastrophic wars in Iraq and Lebanon, and the threat of a further attack on Iran. Petras sheds light on the actual status of contemporary resistance to US hegemony within China, Latin America, and the Middle East.