China?s Rise in the World Economy and the Erosion of U.S. Hegemony »
Posted By populist 1 year, 3 months ago in NewsThe U.S.’s economic position in the world has been declining. But U.S. imperialism possesses unparalleled military strength relative to rivals and would-be rivals. And since 2001, it has been pressing this advantage—mounting a global military offensive, focused in Iraq and Afghanistan, to secure unchallengeable dominance for decades to come.
But the United States is encountering difficulties in pursuing its global agenda. Its financial system has been experiencing growing turmoil. The shifts and changes in world economics are impacting U.S. imperialism’s freedom of maneuver.
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