Word: magdoff
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...crucial that these discussions be pursued among the American people and especially on the Left. As economist Harry Magdoff has pointed out, misunderstandings concerning the nature of economics and U.S. politics have led some radicals to believe U.S. capitalism could survive in a healtheir state without imperialism. These articles show that particular forms of expansionism represent necessary outgrowths of certain kinds of economic development and that anti-imperialism must lie at the heart of any overall anticapitalist strategy...
...Magdoff, Harry, The Age of Imperialism, New York, Modern Reader Paperbacks...
...ideology of anti-communism as part of a larger status-quo policy, Williams' Tragedy constructed an over-arching theory for American foreign policy since the 1890's. "Open-door expansion" was its unifying theme. Far from claiming direct links between U.S. economic interests and political policy as Harry Magdoff has recently done in The Age of Imperialism, Williams focused on the ideology of intellectual, political, and business leaders. By 1898, a consensus view had emerged, to the effect "that the system of entrepreneurial capitalism could function successfully only if the marketplace constantly expanded." This conviction necessarily caused military and diplomatic...
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