By Laurence H. Shoup
The Council on overseas kinfolk is the main influential foreign-policy imagine tank within the usa, claiming between its contributors a excessive percent of presidency officers, media figures, and institution elite. for many years it saved a low profile even whereas it formed coverage, urged presidents, and helped shore up U.S. hegemony following the second one international conflict. In 1977, Laurence H. Shoup and William Minter released the 1st in-depth research of the CFR, Imperial mind Trust, an explosive paintings that traced the actions and impression of the CFR from its origins within the Twenties in the course of the chilly War.
Now, Laurence H. Shoup returns with this long-awaited sequel, which brings the tale modern. Wall Street’s imagine Tank follows the CFR from the Seventies throughout the finish of the chilly conflict and the cave in of the Soviet Union to the current. It explains how individuals answered to fast adjustments on the earth scene: globalization, the increase of China, wars in Iraq and Afghanistan, and the release of a “War on Terror,” between different significant advancements. Shoup argues that the CFR now operates in an period of “Neoliberal Geopolitics,” a world paradigm that its contributors helped to set up and that displays the pursuits of the U.S. ruling type, yet isn't with out challengers. Wall Street’s imagine Tank is an important advisor to realizing the Council on overseas kin and the shadow it casts over fresh historical past and present events.
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Additional resources for Wall Street's Think Tank: The Council on Foreign Relations and the Empire of Neoliberal Geopolitics, 1976-2014
Sample text
The other central issue was bringing into the Council a representative group from the large nouveau riche plutocratic class that had rapidly grown up during the post–Second World War economic boom. This boom had greatly increased the number of millionaires in the United States, reportedly by as much as ten times between the mid-1950s and the mid-1970s. The Council is an organization of, by, and for the plutocracy—and, as indicated by its history, membership, and top leadership, very attuned to the need to incorporate the leading capitalist class families.
Armstrong eventually took over Foreign Affairs, serving as its editor from 1928 to 1972, as well as a Council director during the same forty-four-year period. 13 A very large representation of SR listees among its officers and directors was a prime characteristic of the early CFR. All seven of the Council presidents during the period 1921–1971 were from families listed in the SR, as were both honorary presidents, the first three chairmen of the board (1946–85), and the first three vice chairmen of the board of the CFR (1971–78).
In July of 1976, we put the final touches on Imperial Brain Trust: The Council on Foreign Relations and United States Foreign Policy (Monthly Review Press, 1977). Gerald Ford was president, Henry Kissinger was Secretary of State, and Alan Greenspan was Ford’s chief economic adviser. The Soviet Union was a world power. The Internet, cell phones, personal computers, the financialization of capital accumulation, neoliberalism, the “Washington Consensus,” and many other things that are commonplace today were either not yet fully implemented or had not been invented.