Finance, Imperialism, and the Hegemony of the Dollar

Economist and D&S collective member Ramaa Vasudevan has an article in the current (April) issue of Monthly Review. It appears to be available only in the print edition;  here is the abstract:


Finance, Imperialism, and the Hegemony of the Dollar



The article explores the U.S. dollar's "role in the mechanisms of U.S. imperialist hegemony," and the growth of financialization ("the growing political and economic power of finance along with the explosion of financial trading that facilitates a pattern of accumulation where profit-making is engineered increasingly through financial channels." (MR editor John Bellamy Foster has an article on financialization in the current issue;  that one is posted to the MR site.)

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