New Books in Economics

Janick Marina Schaufelbuehl, "Crusading for Globalization: US Multinationals and Their Opponents Since 1945" (U Pennsylvania Press, 2025)

Sep 11, 2025
Janick Marina Schaufelbuehl, a History professor at the University of Lausanne, dives into the evolution of globalization and the powerful US multinationals driving it. She discusses how corporate giants like General Electric and Coca-Cola shaped government policies and countered opposition from labor movements and nationalists. Schaufelbuehl highlights the historical context of opposing voices from the Global South and examines the shifting sentiments toward globalization today, emphasizing the need for a balanced approach in the face of neoliberalism.
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INSIGHT

Globalization As A Political Project

  • Janick Schaufelbuehl shows globalization was politically constructed by powerful multinational executives, not an inevitable force.
  • These executives built organizations and lobbied governments to expand trade and investment globally.
ANECDOTE

Discovery Of The US Council

  • Schaufelbuehl discovered the US Council for International Business while researching archives during fellowships in the United States.
  • She found the Council influential yet intentionally low-profile and understudied.
INSIGHT

Multinationals Versus Protectionists

  • The US Council uniquely represented multinational executives who consistently favored lowering trade and investment barriers.
  • Other business leaders often supported protectionism to shield domestic jobs.
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