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Strategic Narratives in Global Trade Politics

American Hegemony, Free Trade, and the Hidden Hand of the State

Dados Bibliográficos

ID12907147
AutoresKristen Hopewell (0000-0002-4074-2629, University of British Columbia, autor correspondente)
Ano2020
Volume14
Fascículo1
Páginas51-86
Data de publicação2020-10-28
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Chinese Journal of International Politics (JOURNAL)
Identificadores do periódicoISSN: 1750-8916 • E-ISSN: 1750-8924
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1093/cjip/poaa020
OpenAlexW3138245145
IdiomaEN
Citações recebidas7

The characterization of the United States as a liberal hegemon seeking to uphold free-market capitalism against the illiberal state capitalism of China and other emerging powers has become commonplace, along with the attendant notion that American economic openness has been exploited by the unfair trade practices of other states. Given their dominance in US political discourse and role in shaping contemporary policy—including fuelling Trump’s trade wars and aggressive unilateral trade actions against all of the United States’ major trading partners, his attacks on the World Trade Organization, and talk of a “new Cold War” between the United States and China—these claims merit far greater scrutiny. In this article, I challenge the stark dichotomy frequently drawn between American “free-market capitalism” and the “state capitalism” of its emerging challengers, arguing that this forms part of a strategic narrative deployed for political purposes, including legitimating the United States’ use of aggressive trade policy measures. An examination of the American hegemon’s actual trade and industrial policies complicates this characterization. Despite presenting itself as a promoter and defender of free trade, I show that the unifying logic of US trade policy has always been the promotion of American economic interests: the United States has engaged in considerable state intervention and trade protectionism, both to shield vulnerable industries and support others to achieve and maintain their global dominance

Capitalism · China · Commercial policy · Dominance (genetics · Economic nationalism · Economics · Free trade · Hegemony · International trade · Political economy · Political science · Politics · Protectionism · Scrutiny · State (computer science · State capitalism · Trade barrier · Elite Sociology and Global Capitalism · Political and Economic history of UK and US · Law

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Obras citantes distintas7
Citações por ano1,4
Intervalo de citações2021 - 2026 (6)
Velocidade de citaçãocurrent
Altamente citadoNão
Tipos de citaçãoNeutras: 6
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