Dreams of Global Hegemony and the Technology of War

21 03 2012

By Jerry Harris

After W.W. II the U.S. had unquestioned hegemony throughout the capitalist world. But in the early 1970s U.S. power began a long decline, particularly as the economies in Europe and Japan recovered. Nevertheless, the confrontation with the Soviet Union allowed the U.S. to maintain leadership by providing military security for the West. But the collapse of the USSR created a crisis. U.S. military might was no longer needed and its economic hegemony had long passed its peak. READ THE ARTICLE >>


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