eBook

Global Inequality and American Foreign Policy in the 1970s

Michael Franczak

2022

Overview

In Global Inequality and American Foreign Policy in the 1970s , Michael Franczak demonstrates how Third World solidarity around the New International Economic Order (NIEO) forced US presidents from Richard Nixon to Ronald Reagan to consolidate American hegemony over an international economic order under attack abroad and lacking support at home. The goal of the nations that supported NIEO was to negotiate a redistribution of money and power from the global North to the global South. Their weapon was control over the major commodities-in particular oil-that undergirded the prosperity of the United States and Europe after World War II. Using newly available archival sources, as well as interviews with key administration officials, Franczak reveals how the NIEO and \"North-South dialogue\" negotiations brought global inequality to the forefront of US national security. The challenges posed by NIEO became an inflection point for some of the greatest economic, political, and moral crises of 1970s America, including the end of golden age liberalism and the return of the market, the splintering of the Democratic Party and the building of the Reagan coalition, and the rise of human rights in US foreign policy in the wake of the Vietnam War. The policy debates and decisions toward the NIEO were pivotal moments in the histories of three ideological trends-neoliberalism, neoconservatism, and human rights-that formed the core of America's post-Cold War foreign policy.

• Publisher: Cornell University Press
• Subject: 20th century / American Studies / Auslandsinvestition / Außenwirtschaftspolitik / Developing countries / Developing countries -- Foreign economic relations -- United States / Developing countries -- Foreign relations -- United States / DIPLOMATIC HISTORY / Economic policy / Einkommensverteilung / food and inequality / Foreign economic relations / Foreign relations / GENERAL ECONOMICS / global inequality / Globalisierung / Globalization / Globalization -- Developing countries -- History -- 20th century / Globalization -- United States -- History -- 20th century / Globalization-History-Developing countries-20th century / Globalization-History-United States-20th century / henry kissinger / HISTORY / HISTORY / Modern / 20th Century / HISTORY / United States / 20th Century / International Relations / international workers day 1974 / Internationale Zusammenarbeit / liberal international order / new international economic order / POLITICAL SCIENCE / International Relations / General / Security Studies / Soziale Ungleichheit / U.S. HISTORY / United States / United States -- Economic policy -- History -- 20th century / United States -- Economic policy -- History -- 20th century.GBC269716 / United States -- Foreign economic relations -- Developing countries / United States -- Foreign economic relations -- Developing countries -- History -- 20th century / United States -- Foreign relations -- Developing countries / United States -- Foreign relations -- Developing countries -- History -- 20th century / USA
• ISBN: 1501763911, 9781501763915, 1501763938, 9781501763939, 9781501763922, 150176392X