US financial-military hegemony structured the postwar Fordist world economy

Evidence

All of this was secured under the hegemonic umbrella of the United States’ financial and economic power backed by military domination. The Bretton Woods agreement of 1944 turned the dollar into the world’s reserve currency and tied the world’s economic development firmly into US fiscal and monetary policy. The United States acted as the world’s banker in return for an opening up of the world’s commodity and capital markets to the power of the large corporations. — David Harvey, The Condition of Postmodernity, 825

Categorization

• QUESTION: Worth tracing how Bretton Woods’ fixed-exchange-rate regime later breaks down — presumably the hinge that triggers the shift to flexible accumulation.
• XREF: connects to: Fordist-Keynesian capitalism expanded globally to absorb de-colonized nations — David Harvey, The Condition of Postmodernity: An…, 784; Postwar America replaced Britain as the leading instance of advanced capitalism — Hall, Stuart, Essential Essays, Volume 1, 161; Fordism marks a forced passage from economic individualism to a planned economy — Antonio Gramsci, Selections from the Prison Notebooks, 1031 (+14 more)

Broader Connections

• Postwar America replaced Britain as the leading instance of advanced capitalism #expands (0.75) — Hall, Stuart, Essential Essays, Volume 1, 161
• Fordism marks a forced passage from economic individualism to a planned economy #expands (0.75) — Antonio Gramsci, Selections from the Prison Notebooks, 1031
• Postwar US power substituted a global base network for direct colonial control #expands (0.75) — David Vine, Base Nation_ How U.S. Military Bases…, 96
• Neoliberal structural adjustment replaced postwar modernization as imperial policy #qualifies (0.72)
• Europe wanted Fordist efficiency while retaining parasitic surplus-value consumers. #expands (0.72)