Conclusion

Abstract

This conclusion summarizes the book’s main arguments before considering some possible futures for US judicial territory. While emerging tensions between the executive and the judiciary should not be overstated, they do raise important questions about judicial territory’s changing relationship to global capitalism and US empire. The United States has lost considerable legitimacy in the past two decades. At the same time, US economic and legal power remain hugely important for transnational capital. While the growing economic power of China and the expanding legal reach of jurisdictions like Singapore, Malaysia, and Hong Kong make the unquestioned dominance of US judicial territory less certain, the book concludes by suggesting that, as long as New York remains a global financial center, US courts and domestic law will remain globally important—even if they no longer serve the changing foreign policy interests of the US government as clearly as they once did.