This book explores America's decline as a global power, arguing
that the implosion of Pax Americana was initiated by the process of
globalization, preceding the collapse of the Soviet Union by nearly
a decade. The era of Pax Americana, and with it American hegemony,
is conclusively passed, and will not return in current global
conditions. There is a stark contrast between the present epoch and
the postwar era of American hegemony (1945-1979) in which the
United States, at least outside of the Soviet sphere of influence,
largely managed the international economy and reigned over
international politics and relations. Drawing on both theoretical
and empirical evidence, this book shows that the era of
globalization unleashed forces-social, political, and
economic-which broke down the status quo of American hegemony.
Author Cyrus Bina also establishes that since the Iranian
Revolution (1979), US involvement throughout the Middle East, in
Iraq, Afghanistan, Libya, Syria, Yemen, and now notably in Ukraine
has been motivated by the freefall of American hegemony and an
attempt to get it back by direct or indirect military force. Bina
utilizes these contexts for wider analysis and critique of a number
of theories commonly used to analyze economy, polity, geopolitical,
and dynamics of crisis and social change in capitalism. This book
will be of great interest to students, academics, and policymakers
on subjects of Economics, International Relations, Global Studies,
International Political Economy, Political Geography, Sociology,
and postwar History.
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