Marxist theorist Leo Panitch argues that the role of nation state in the development of global capitalism has been overlooked. He picks out key moments, outlined in his new book The Making of Global Capitalism: The Political Economy of American Empire that demonstrate the intimate relationship between modern capitalism and the American state.
Leo Panitch, produced by Phil Maynard and Oliver Laughland
guardian.co.uk, Monday 26 November 2012
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