IDEAS home Printed from
   My bibliography  Save this paper

The Internationalisation of Production and Deindustrialisation


  • Cowling, Keith


We now live in an era where production and markets are controlled by giant corporations with a trans-national base. We also live in an era where national and international controls over trade and capital flows have been progressively reduced. The resulting combination of unified international markets and giant international firms bestriding them provides a ready mechanism for the processes of deindustrialisation to develop wherever the conditions for capitalist accumulation are weakened. In contrast to the earlier history of the development of monopolies and cartels around the turn of the century, when protectsionism was demanded to restrict or eliminate foreign competition in domestic and colonian markets, the new period of international oligopoly is characterized by demands on the part of the giant corporationsnfor free trade and the and the supranational institutions to pursue and sanction it : a global freedom to pursue accumulation, given their own dominance within the global system and given the threat, or potential threat, of organized labour and universal suffrage at the level of the nation state. It might be said we now have a neo-imperalism of free trade in similar vein to the nineteenth century British imperialism of free trade, but this time, rather than being of national orign, the imperialism is that of the Transnationals.

Suggested Citation

  • Cowling, Keith, 1985. "The Internationalisation of Production and Deindustrialisation," The Warwick Economics Research Paper Series (TWERPS) 256, University of Warwick, Department of Economics.
  • Handle: RePEc:wrk:warwec:256

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. John Cantwell, 1987. "The Reorganization of European Industries After Integration: Selected Evidence on the Role of Multinational Enterprise Activities," Journal of Common Market Studies, Wiley Blackwell, vol. 26(2), pages 127-151, December.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wrk:warwec:256. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Margaret Nash). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.