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With the terrorist attacks of September 11, 2001, the United States' long war on communism was replaced by a perpetual war on terror. The authors posit that this neo-imperialistic phase is but the latest development in a line of thought and action established after World War II. But, they say, 2005 is not 1945. Today, they argue, the United States uses its power to deplete the resources of the developing world, and to compel the rest of the world to remain dependent on American management of the global economy. Contending that this situation is ultimately untenable, they assert that the United States is entering a period of deep crisis. The best thing for American neo-imperialists to do to avert their worst nightmare—a strategic and economic alliance among Europe, Russia, China, and OPEC—would be to arrange for the orderly withdrawal of American power before it is too late for the human and environmental security of the world. When the Soviet Union collapsed in 1991, the Cold War slowly gave way to a new world order in which the United States was left as the lone superpower. But the organizing principle that would characterize the early 21st century was as yet unclear, until the terrorist attacks of September 11, 2001. Now it is clear that the long war on Communism has been replaced by a perpetual war on terror. Regardless of how long American troops remain in Iraq, and irrespective of further military actions, George W. Bush will continue to be a wartime president whose foreign policy is dominated by the Pentagon. And yet, the authors argue, this neo-imperialistic phase, with its emphasis on Eurasian oil supplies, is but the latest development in a line of thinking and acting in the world that was established by such men as Dean Acheson and Paul Nitze after World War II. But 2005 is not 1945, and the United States, despite Secretary of Defense Donald Rumsfeld and Vice President Dick Cheney's assertions, is not liberating Iraq and Afghanistan in the same way that U.S. forces liberated Germany and Japan; it is not reconstructing Iraq or the former Yugoslavia as it did when it rebuilt war torn western Europe with the Marshall Plan. The United States, with its thinly stretched military and deficit-laden economy, does not possess the means to do so today. Instead, the authors maintain, the United States is simply depleting the developing world's natural resources, compelling the rest of the developed world to remain dependent on American management of the global economy. This situation is ultimately untenable, the authors argue, and as a result, the United States is entering a period of deep crisis. The best thing for American neo-imperialists to do to avert their worst nightmare—a strategic and economic alliance among Europe, Russia, China, and OPEC—would be to arrange for the orderly withdrawal of American power before it is too late for the human and environmental security of the world as a whole.
This timely book will explain, via a number of thematic and case studies, that international economics is not an independent terrain of economic activity reproducing itself throughout history, but a complex articulation of social, political and culturally determined actions that are inextricably linked. Chapters will address the role of dominant global powers in the making of global industrial and monetary relations, and, in particular, ways in which, and the degrees to which dominant economic and military powers, such as the USA, tend to shape the domestic economic environments of lesser powers after their own image. Supplementing the chapters will be a comprehensive A - Z glossary section, which will include key International Political Economy terms, e.g. international debt, European free trade area, International Bank for Reconstruction and Development, IMF, GATT-WTO, Foreign exchange, fixed exchange rates, floating exchange rates, reserve currency, gold-dollar parity, multinational corporation, preferential trade agreement, hedge funds, etc. Entries will be cross-referenced for ease of use. This book will be ideal for researchers and students in the areas of politics, international relations and international economics, as well as for academics, economists, business people, and those with an interest in the workings of international political economy.
For most of the first part of the 21st century Greece has been seen as a critical battlefield for the survival of the powerful and the adjustment or extinction of the weak, as if all the historical contradictions of the global financial crisis and the eurozone crisis were concentrated in that tiny part of the world, with a population of just 11 million people and a GDP of less than 2% of that of the European Union as a whole. While the country has been overpowered by the disciplinarian and deeply authoritarian policy mix of ordoliberal/neoliberal rules, as this book attempts to show, there is hope. Defeat does not end the crisis, and crisis means constant opportunity. In this state of affairs, all types of agencies try to take advantage of the conditions and opportunities in order to advance towards positions of power and provide the best of solutions for the class interests they represent. Thus, harsh conflict is inevitable and if history provides a yardstick, it is that in periods of conflict and crisis, the winner, usually, is the one who manages to strike the right political and social alliances at the right time. The editors have assembled in this volume a number of interdisciplinary chapters and arguments which, despite their differences, share the strategic aim of a critique of both neoliberalism/ordoliberalism and new authoritarianism. Chapters examine the eurozone crisis from a variety of angles with reference to Greece, and Greek politics and society. With this collection of heterodox and scholarly essays, the authors and editors aim to offer a progressive understanding of current historical circumstances. Constantine Dimoulas is an Assistant Professor in social administration and evaluation of social programmes at Panteion University, Greece. Vassilis K. Fouskas is Professor of international politics and economics at the University of East London, UK, and the founding editor of the Journal of Balkan and Near Eastern Studies (Taylor & Francis).
A collection of essays written by a group of acknowledged experts provides in-depth comment on some of the more important aspects of conflict. An A Z glossary of terms specific to the subject provides an ideal background for those new to the subject. Entries are provided for all the major current conflicts world-wide. Major entries include: Angola, Baluchistan, Cyprus, East Timor, Kurdistan, Kashmir, Lebanon, Tibet, Sri Lanka and Taiwan. A section of maps is included, providing another level of analysis on a broad range of conflicts.
This timely book will explain, via a number of thematic and case studies, that international economics is not an independent terrain of economic activity reproducing itself throughout history, but a complex articulation of social, political and culturally determined actions that are inextricably linked. Chapters will address the role of dominant global powers in the making of global industrial and monetary relations, and, in particular, ways in which, and the degrees to which dominant economic and military powers, such as the USA, tend to shape the domestic economic environments of lesser powers after their own image. Supplementing the chapters will be a comprehensive A - Z glossary section, which will include key International Political Economy terms, e.g. international debt, European free trade area, International Bank for Reconstruction and Development, IMF, GATT-WTO, Foreign exchange, fixed exchange rates, floating exchange rates, reserve currency, gold-dollar parity, multinational corporation, preferential trade agreement, hedge funds, etc. Entries will be cross-referenced for ease of use. This book will be ideal for researchers and students in the areas of politics, international relations and international economics, as well as for academics, economists, business people, and those with an interest in the workings of international political economy.
This is an A-Z glossary of terms specific to the subject provides an ideal background for those new to the subject. Entries are provided for all the major current conflicts world-wide. Major entries include: Angola, Baluchistan, Cyprus, East Timor, Kurdistan, Kashmir, Lebanon, Tibet, Sri Lanka and Taiwan. A section with maps and geopolitical tools with explanations is included, providing another level of analysis on a broad range of conflicts. A collection of essays written by a group of acknowledged experts provides in-depth comment on some of the more important aspects of conflict. Among the topics covered are: the conflict between Christendom and Islam; conflicts in Independent Africa; Latin American conflicts; Balkan conflicts and the Arab-Israeli conflict.
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