The questions of US imperialism, economic hegemony and corporate control of the world’s resources are the subject of massive popular discussion in a time of escalating conflict, inequality and deepening economic recession. Following the mass public mobilisation during the Obama election campaign, the US government is placed in a role of critical responsibility and must now lead the way in fostering greater international cooperation.
A banking crisis is upending American dominance of the financial markets and world politics. The industrialized countries are sliding into recession, the era of turbo-capitalism is coming to an end and US military might is ebbing. Still, is this the time to gloat? By Spiegel.
What Asia, like
the rest of the world, needs is a vacation from a messianic United
and the aim of civil society mobilization both in Asia and globally should
be to encourage a new American isolationism, argues Walden Bello.
As America struggles to avoid recession, the world economic order
appears to be heading for a drastic overhaul - creating pressure for
world leaders to ditch the fast-declining U.S. dollar, writes Massoud