sam gindin wrote:
Agree with the points you've been making re oil and the dollar - the issues go far beyond seignorage - but not on the American state being atavistic (unless you meant this tongue in cheek?). Leo and I have been arguing that the nature of the American empire has revolved around constructing an informal empire. But that has included the restructuring (internationalization) of states
I agree with that part - the U.S. empire is a very complicated structure, and I like the way you & Leo describe it. But I think the Bush crowd may be too crude and impatient for maintaining that kind of empire, and prefer crude displays of power instead.
Doug
