Review of Nitzan and Bichler’s "The Global Political Economy of Israel"

The Global Political Economy of Israel is a gripping read, for specialists and non-specialists alike. Amateurs of novel theoretical explorations into the field of political economy will enjoy the authors’ truly original and often controversial analysis of economic phenomena, such as capital accumulation, stagflation, corporate amalgamation and global integration, while readers less versed in economic theory will appreciate the authors’ avoidance of unnecessary jargon and propitious explanations of the terms they use. But the greatest merit of the book undoubtedly lies in its remarkable combination of challenging theoretical analysis and fascinating empirical investigation of the Israeli and US economies, spiced with some delightfully embarrassing details about Israel’s most respectable politicians and businessmen