Decline of American Power?

Doug Henwood dhenwood at panix.com
Wed Oct 9 15:06:32 PDT 2002


Yoshie Furuhashi wrote:


>I agree with Gowan on the US capitalist empire having been in the
>self interest of all the ruling power elites on the globe. What I
>wonder about is whether we may not be in for the kind of crisis that
>cannot be managed by usual economic instruments at the elites'
>disposal, for all the central bank interventions on behalf of the
>dollar regime that the empire can enlist. Then, what we are left
>with is "a military emergency." Are we -- US leftists -- ready for
>this? I think we should at least give more thought to this
>possibility (which may be a remote one, I admit), but there has been
>so very little discussion linking the "economic" and the
>"politico-military" in left-wing writers' articles on the current
>affairs in USA, which I find worrisome.

Well so far, evidence for the connection comes mainly from theory (e.g. Lenin's Imperialism) or speculation. You have anything harder than that?

Doug



More information about the lbo-talk mailing list