“Masterful work of critical scholarship”: Wall Street’s Think Tank reviewed in Socialism & Democracy
February 20, 2024
Wall Street’s Think Tank is a masterful work of critical scholarship. Using a well-trained historian’s lens, Laurence Shoup is able to document the workings of one of America’s most important elite policy planning groups. He establishes that the Council on Foreign Relations (CFR) has been at the forefront of a complex network of institutions, both public and private, which set the limits of debate on foreign policy issues. By carefully investigating the CFR’s machinations, Shoup brings out the role that it plays in anticipating the power elite’s short-term and long-term needs by defining research agendas, recommending policy positions, recruiting new intellectuals, and developing strategies which will ensure capitalist hegemony. He thus enables us to see how the US ruling class actually rules.
