U.S. Power and the Multinational Corporation: The Political Economy of Foreign Direct Investment

U.S. Power and the Multinational Corporation: The Political Economy of Foreign Direct Investment

U.S. Power and the Multinational Corporation: The Political Economy of Foreign Direct Investment

U.S. Power and the Multinational Corporation: The Political Economy of Foreign Direct Investment

Excerpt

Several of the basic ideas contained in this book first appeared in my report to the Senate Committee on Labor and Public Welfare entitled The Multinational Corporation and the National Interest. Throughout the work on this report I was encouraged and stimulated by my association with Benjamin Palumbo, then an assistant to Senator Harrison Williams (D-N.J.).

My greatest intellectual debt in the research and writing of this book is to Benjamin Cohen, the editor of the series of which this volume is a part. It is difficult to convey in words my appreciation to him for the time and effort he has given at critical points in the preparation of this book. With considerable patience and superb expository skill, he led me through the relevant economic literature and concepts. Needless to say, however, the responsibility for whatever shortcomings in economic analysis and understanding remain in the pages which follow are mine alone to bear. The teacher should not be held responsible for the shortcomings of his student.

The unencumbered time required to write this book was made possible by the generous leave policy of Princeton University and the beneficence of the Lehrman Institute of New York. In . . .

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