Ten years ago I argued in this space that under global capitalism, wars among major nations no longer made sense and that the turning point from a world where the great countries were permanently threatening each other with war to a world of international economic competition had been the collapse of the Soviet Union in 1991. War made sense while there were real winners and losers—while the winner could reduce the loser to a condition of slavery, or impose taxes on its new colony, or incorporate its territory. [...]
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After September 11
Beyond Conflicting Powers’ Politics
by Luiz Carlos Bresser-Pereira
It was not only the Cold War that ended with the events of September 11th, but also the centuries’ old Conflicting Powers’ Politics. While the conflict between the United States and the Soviet Union ended in 1989 with the collapse of one of the contenders, international policymakers and analysts continued to behave as if the […]