The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.

A prolonged and massive increase in aggregate wealth per capita has taken place over several centuries.

The economic success of the Reagan Administration was largely dependent upon the pyramiding of massive debt and the siphoning of capital from the rest of the world.

The opposing tendencies of concentration and spread are of little consequence in the liberal model of political economy.

The competitive nation-state system, with all its capacity for good and evil, is spreading in the Third World and is transforming that world.

Among the many factors that make a return to halcyon days of the first decades of the postwar era virtually impossible is the decline of clearly defined political leadership.

Trade is the oldest and most important economic nexus among nations. Indeed, trade along with war ha been central to the evolution of international relations.