CHAPTER 9Building Elite Consensus

The foreign policies of nation-states, particularly economic and monetary policies, have always been a highly elitist matter. Policy options are proposed, reviewed, and executed within the context of a broad bipartisan consensus that is painstakingly managed by very small circles of public and private elites. . . . Where necessary, a consensus is engineered on issues which must get congressional/parliamentary approval, but wherever possible executive agreements between governments are used to avoid the democratic process altogether.

—PETER THOMPSON

Strong growth in the poorer parts of the world will be needed to sustain enough growth in the West to maintain adequate levels of employment and to enable Western ...

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