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The Endgame of Globalization (Hardcover, New)
Loot Price: R3,468
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The Endgame of Globalization (Hardcover, New)
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The recent American invasion of Iraq represents the "endgame" of
America's decades-old effort to impose its vision of
globalization-a system dominated by multinational firms and
buttressed by the liberalism of John Locke and Adam Smith. Whereas
the war surely ended Saddam Hussein's regime, the storm of
countervailing forces it unleashed points to another end: that of
America's latest global project.
This is not the first time that the US has tried to reshape the
world in its own liberal image, but the third. The first effort
stretched from the late nineteenth century to 1920, ending when
America rejected entry into the League of Nations. The FDR
administration engineered the second attempt in the 1940s, but it
withered in the Cold War. The third moment-the era of
globalization-began in the late 1960s, when the US transformed the
Bretton Woods financial institutions and used its own economic
power to enforce a worldwide neoliberal orthodoxy tied to an ideal
of liberal democracy. But the effort is failing for the same
reasons the preceding attempts failed.
As Neil Smith shows, the Lockean liberalism that animates American
globalism has always been undercut by a crippling nationalism that
exposes the contradictions built into the ideal. In each instance,
a hard-edged nationalism-evident in the rejection of the League of
Nations, in the policies of the Cold War, and in the current Iraq
war-always surfaces and drives US actions despite America's
self-perception as a champion of benign universal values. Moreover,
it always generates opposition.
Attuned to history, political economy, and geography, "The Endgame
of Globalization" is a sweeping and powerful account of
America'scentury-long quest for global dominance and the
nationalism within that invariably unravels the dream.
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