Add to ORKGTh e dynamics of the emerging transnational stage in world capitalism cannot be understood through the blinkers of nation-state-centric thinking. In her study Empire of Capital, Ellen Meiksins Wood exhibits the reification and outdated nation-state-centric thinking that plagues much recent work on world capitalism and US intervention, expressed in the confusing notion of a ‘new imperialism’. Th e overarching problems in Wood’s study – and, by extension, in much of the ‘new-imperialism ’ literature – is a reified notion of imperialism, a refusal to draw out the analytical, theoretical, methodological, and epistemological implications of capitalist globalisation, and an incessant reification of the state. Instead of a ‘new US empire’, the cur...