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US decline « Previous | |Next »
October 13, 2008

The financial crisis is an indication that the US is in decline as a superpower. It is ensnared in Iraq and Afghanistan, is unable to resolve the financial crisis and is in debt. That means a very different geopolitical landscape is forming as the tectonic plates of geopolitics shift.

If we recall the Bush administration's dreams of only five years ago, then, they were convinced that they would create a Pax Americana globally and a Pax Republicana domestically that would last generations. Pax Americana has come unstuck due to unsustainable economic and military policies; an overextending itself and doing so by running up a lot of debt.

Now the US's economic position looks precarious, it does not look as if the US is willing to get at some of the root causes of its problems even though we now have a multipolar world.

Eight years of Republican administration has meant that America is poorer, weaker, and more isolated and vulnerable than it has been in several generations. The Republican base, which has been in a rage for some time, is looking around for someone or something to blame. So the Republican strategists persuade them through smears to hate black people. Will the strategy work as the economy heads into recession?

| Posted by Gary Sauer-Thompson at 5:50 AM | | Comments (7)
Comments

Comments

The attitude of the new Congress to the military-industrial complex will be as interesting, and perhaps more significant that the election of the President. I am pessimistic, but the possibility is that they may be mugged by reality.

wmmbb
are you presuming that the new Congress will be Democrat controlled?

Congress is Democratic controlled, that was a mid term election result. I don't like the place but I also don't think it is over for them. Yes they have to increase taxes, and yes they have to cut back military spending. It isn't the end of the world for them.

What's more worrying for the US, its global decline or internal social disintegration? There's not a lot for them to be cheery about.

"America" was an empire overtaken and sacked by the Ghengis Khan barbarians of the neo cons and capitalism.
They never guessed who the real enemy was or what the real weapons were.
Their war on terrorism has been more absurb even than the Maginot line.

Charles,
Fred Barnes at the Weekly Standard talks in terms of the worst case scenario:

Thanks particularly to the month-long financial crisis, Republicans are in extremely poor shape with the election three weeks away. This means the worst case scenario is now a distinct possibility: a Democrat in the White House, a Democratic Senate with a filibuster-proof majority, and a Democratic House with a bolstered majority.If this scenario unfolds, Washington would become a solidly liberal town again for the first time in decades. And the prospects of passing the liberal agenda--nearly all of it--would be bright. Enacting major parts of it would be even brighter. You can forget about bipartisanship.

He finishes by saying that maybe McCain and Republicans will rally their forces and keep the worst from happening--the worst, that is, from a conservative standpoint. The campaign has changed direction twice in less than two months, first when McCain picked Sarah Palin as his running mate, then when the financial panic hit. There could be a third game changer.

If not, we face the liberal deluge.

"America was an empire overtaken and sacked by the Ghengis Khan barbarians of the neo cons and capitalism."

American capitalism has been consistent from one administration to the next, and even through most of modern history. It isnt unique to the Republican Party.

The neo-cons arent particularly damaging either, their foreign policy is kind of isolationist and Jacksonian; except for the Iraq/pre-emption policies to maintain hegemony. Which have predictably backfired. They are bad policy.

The big issue is governance. And here the Bush Administration and the Hastert Congress have been woeful. People notice in a democracy.