ABSTRACT

A basic tenet of liberal theorists was the separation of the political system from the economic system. The emerging strategic emphasis was soon concretized by a major reorganization of the United States foreign policy-making machinery. Politics and economics are ordinarily used as terms intended to designate particular systems and the processes which occur within those systems on both the domestic and international levels. “Radical” or leftist perspectives attempt to portray United States foreign policy as being primarily determined by the economic interests of American corporations and their representatives in the decision-making structure. Prior to the period immediately following the end of World War II, the United States had little need for a systematic organization for the management of an international economic policy. Major changes have taken place in the nature of international relations, as well as in the domestic context within which United States foreign policy is formulated.