ABSTRACT
In this chapter, we will analyse the perceived threat to capitalist relations of production posed by the drive for a New International Economic Order (NIEO), which in the course of the 1970s mobilized a fraction of the capitalist class into what would eventually become a neo-liberal counterrevolution. More particularly, our attention will focus on the nature of the emerging class coalition that embodied this threat and on a key element in the actual reform project, the regulation of ‘multinational’ private capital.
