On May 18, 2010, at 1:15 PM, Carrol Cox wrote:
> And that erostion is in part illusory, in so far as the 'advanced' or
> 'core' capitalist nations no longer 'compete' for hegemony. In fact
> Germany, France, UK, China, Japan, Russia have in part 'turned over'
> to
> the U.S. the task of maintaining global order in the capitalist
> system.
Yup. This is one of the things that Leo Panitch and Sam Gindin are so good on. I recommend their little book (written with Greg Albo) from PM Press, In and Out of Crisis. Radio version at:
http://www.leftbusinessobserver.com/Radio.html#100318