European Union and Global Capitalism

Magnus Ryner is Professor of International Political Economy at King's College London, UK. Alan Cafruny is Henry Platt Bristol Professor of International Affairs at Hamilton College, USA.

• Introduction1. Traditional Narratives: Traditional theory2. Critical Political Economy3. The Single Market: Consolidating neoliberalism4. Origins and Development of EMU: Money and finance in the European Union5 The Welfare State: Whither the social dimension6. Core and Periphery in an Enlarged European Union7. The American Challenge Revisited: The lengthening shadow of U.S. hegemony8. The European Union, the Global South, and the Emerging PowersConclusion: The ordo-liberal iron cage.