ABD Hegemonik Paradigmasının Dönüşümünün Tarihsel Süreçteki İzini Sürmek: Gömülü Liberalizmden Parçalanmış Finansal Liberalizme

Abstract

The emergence of the United States (US) as the worldwide dominant power is an affair that needs to be investigated in light of some historical experiences. Afterward the Second World War, the US reestablished the world’s deteriorating international monetary and financial system. Embedded liberalism reinforced and stabilized the US hegemony (as the form of economic, political, and institutional organization) by generating the requirements for consolidating the global economy in which the US takes a leading role. From the mid-1970s, after integrating the world economy into an accumulation regime characterized by finance capital-as, a natural consequence of the transition to neoliberal policies-it was understood that fragmented financial liberalism began to show its effect as a new strategy that would ensure the continuity of the US hegemony. The study has departed from the problematic of elucidating the change in the hegemonic strategy of the US from its birth to the present day. In this problematic context, the shift of the US hegemonic strategy from embedded liberalism to disembedded financial liberalism and the central dynamics determining this shift is examined in the axis of historical perspective.