U.S. Weakness and the Struggle for Hegemony

Published in Monthly Review on May 30, 2003.

I am going to start with two things with which I think nearly all MR readers will probably agree. One, imperialism is an integral part of the capitalist world-economy. It is not a special phenomenon. It has always been there. It always will be there as long as we have a capitalist world-economy. Two, we are experiencing at the moment a particularly aggressive and egregious form of imperialism, which is now even ready to claim that it is being imperialist.

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