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Commentary :: Globalization : International Relations : U.S. Government

The Economics of Empire. By Walden Bello

Walden Bello discusses the Asian financial crisis in 1997, the protests in Seattle against the World Trade Organization in 1999, and the collapse of stock values in 2001. He then examines the overreach of the unilateralist global politics of the Bush administration. Bello concludes that "signs are there that the US is seriously overextended and what appear to be manifestations of strength might in fact signal weakness strategically."

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