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By Laurence H. Shoup

The Council on overseas kinfolk is the main influential foreign-policy imagine tank within the usa, claiming between its individuals 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 global battle. 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 effect of the CFR from its origins within the Nineteen Twenties throughout 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 during the finish of the chilly struggle and the cave in of the Soviet Union to the current. It explains how contributors answered to quick adjustments on the planet 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 category, yet isn't with no challengers. Wall Street’s imagine Tank is a vital advisor to knowing the Council on overseas family and the shadow it casts over fresh heritage and present events.

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Extra resources for Wall Street's Think Tank: The Council on Foreign Relations and the Empire of Neoliberal Geopolitics, 1976-2014

Sample text

For many decades, this same professional class gave the Council its cachet, energy, and influence, serving as its membership as well as its principal constituency. Particularly after the Kennedy administration, this traditional group was expanded by policy experts from the academy and the think tanks, mainly people with increasingly professional training in the foreign and defense policy fields that dominated the country’s Cold War concerns. S. foreign policy in the twentieth century was made by a “professional class” (their term for a ruling capitalist class) of only “several hundred” people, augmented by a number of “experts” beginning in the 1960s.

This chapter discusses the capitalist-class representation in the CFR during the 1976–2014 years. Since the Council has both individual and corporate membership categories, both individuals and corporate members are included. Professionals also appear, as they are important to the intellectual functioning of the Council, but it must be kept in mind that they are primarily present in an advisory role. Although many professionals may be on their way up the power and wealth ladder into the capitalist class, all final decisions are still reserved for their capitalist masters.

The third chapter focuses on the CFR’s domestic networks, elaborating the Council’s links to the federal government, other major think tanks, top corporations, leading universities, important media, and lobbying bodies. The fourth chapter covers the organization’s international networks, discussing its close ties to a variety of powerful individuals and groups that have influence in their home countries, regionally or globally. Part I as a whole illustrates how the Council is indeed “Wall Street’s think tank,” an organization with great range and power, in service to a ruling financialized monopoly capitalist class.

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