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Iraq is of tremendous strategic significance, and everyone knows that. Losing it would demonstrate to the world that the US is no longer able to effectively "project power" into the Middle East, where most of the world's oil is. And there are a number of autocratic Arab regimes, such as Saudi Arabia's, that depend on US power for their existence.
The US effort in Vietnam was predicated on the domino theory, which was a chimera. The US effort in Iraq is predicated on oil, which is very real.
The American economy is hollowed out. The US no longer has anything to sell to the rest of the world, aside from high fructose corn syrup and weapons. It depends on the rest of the world for oil and manufactured goods, but the rest of the world has no need for it, as Emmanuel Todd has pointed out. When it comes to having influence in the world, America has put all of its eggs in its military basket. Thus, as far as the rest of the world is concerned, without its military power (and its entertainment industry), America is nothing. That is why military defeat in Iraq would be a disaster for the US. A bomb, H bomb, Minuteman / The names get more attractive / The decisions are made by NATO / The press call it British opinion -- The Three Johns
As with Iraq, this was more evident on the edges of the US hegemony.
Preview is your friend...
I am not going to go into the issue of "the break from modernity to post-modernity". In my view, all post-modernity is is the working through of English speaking intellectuals of the fact that the Anglophone world had not actually achieved a feasible realization of modernity. A bomb, H bomb, Minuteman / The names get more attractive / The decisions are made by NATO / The press call it British opinion -- The Three Johns
As for my own opinion on post-modernity, I see it as both a relatively elitist intellectual discourse (which I am not dismissing however), as well as a fitting marker for the changing nature of western societies, away from "mass" society, ie. mass communication, mass production, top down control, etc.
Anglophone philosophy was never able to provide a response to modernity that satisfies human beings' spiritual needs. Unfortunately, with World War I, British intellectuals (Bertrand Russell most influentially) rejected the only philosophy that was able to provide an adequate response—German idealism—even though before the war, German philosophy was very influential in Britain. (Russell was initially a Hegelian.) That's what I was getting at. A bomb, H bomb, Minuteman / The names get more attractive / The decisions are made by NATO / The press call it British opinion -- The Three Johns
My main critique of the "America in Decline" talk is this: Seven years ago, America was spitting out 4% growth per year. The poverty rate was falling. The bubble popped, but the damage was, on the whole, quite minor. (As I've pointed out, time after time, America never technically suffered a recession.) Now, seven years later, America is -- somehow -- in some sort of great decline. The British Empire fell, but life ain't too bad in Blighty these days. The "declining empire" spin becomes quite weak when you actually look at the big picture.
Is there economic damage that has been done? Of course. We've wasted an enormous chunk of money -- to say nothing of lives -- in Iraq. $500bn over four years. But try to keep in mind that tis is less than one twenty-sixth of one year's output. Give me a break. America could pull out of Iraq tomorrow, raise taxes to balance the budget, and be in better shape than ever.
There is no great symbolism in losing in Iraq. This has nothing to do with projecting power. America could blow the entire region off the planet in a matter of hours if it chose to. Bush launched a half-assed effort in an idiotic war. That's it. Trying to depict this loss as being a sign of America's decline borders on the religious in its objectivity.
I mean no offense, whatsoever, to you, Alexander, so all due apologies if any is taken, but it's simply ridiculous. Be nice to America. Or we'll bring democracy to your country.
The US manufacturing base has been disappearing since the middle 1970s. It is a neoclassical myth that you can run a large, modern economy on services alone, through the magic of comparative advantage. The middle class is disappearing. Most American parents with children still living with them are resigned to the fact that their children will have a lower standard of living than their parents did. The US is having a harder and harder time of keeping its allies (other than the UK and Japan) in line and a whole geographical region (Latin America) is slipping out of its sphere of influence. What is that if not decline?
The simple fact that the US political system could produce no better administration than the incompetent, predatory Bush administration—and could not even do so legally—shows that the system is in decline.
All empires decline sooner or later. The PNAC idea of an eternal empire is a Chimera, like the Nazi's thousand year Reich.
But this is not the place to discuss this issue. If the question of whether the US is in decline or not has not been diaried here, it should be. A bomb, H bomb, Minuteman / The names get more attractive / The decisions are made by NATO / The press call it British opinion -- The Three Johns
Iraq is of tremendous strategic significance, and everyone knows that. Losing it would demonstrate to the world that the US is no longer able to effectively "project power" into the Middle East, where most of the world's oil is.
I would actually disagree with that, actually. In terms of projecting overwhelming force, and taking over a country in the Middle East, it showed that it could do that really easily. It's the attempt to occupy a country that failed, but that's another thing.
Plus, the grim determination to do wholly irrational things may actually have a strategic value: the USA is able to do things that are not in its immediate interest but which are highly damaging to others, so cross them at your peril. Whether we like it or not, that aspect is there.
The American economy is hollowed out. The US no longer has anything to sell to the rest of the world, aside from high fructose corn syrup and weapons. It depends on the rest of the world for oil and manufactured goods, but the rest of the world has no need for it, as Emmanuel Todd has pointed out. When it comes to having influence in the world, America has put all of its eggs in its military basket. Thus, as far as the rest of the world is concerned, without its military power (and its entertainment industry), America is nothing. That is why military defeat in Iraq would be a disaster for the US.
Apart for mthe last sentence, I agree with you - it's the economic price that will matter in the end. But as Marek points out, a few points of GDP is not that big, so we'll have to see if the consequences are just sub par prosperity for a while or something bigger.
But strategically, the focus on the military means that the rest of the world has to be careful. That's a lot worse than cooperation thanks to shared institutions and "soft power", but it's still something strategically. And that's the reasoning of the neocons, essentially: they discounted soft power and decided, for some reason, that only hard power mattered. At the basest level, it does, so do not discount the US in any case. But their presence in the world will change from that of the past century. In the long run, we're all dead. John Maynard Keynes
I didn't mean to "discount" the US. What I was trying to say is that if the US fails in Iraq (which it will, of course), its decline will be more apparent to everyone than ever. It will then be like Bush—a lame duck whom nobody likes, but still with considerable power to do harm. But how long can you run an empire on hard power alone?
Clearly, with its combination of militarism and neoliberalism, the US has run into a dead end. Military might is always based on economic might, both industrial and financial, but with its neoliberalism, the US is letting its manufacturing atrophy, while financially it manages only because of the "international reserve currency" status of the dollar. This is not a sustainable model. A bomb, H bomb, Minuteman / The names get more attractive / The decisions are made by NATO / The press call it British opinion -- The Three Johns
This is not a sustainable model.
Indeed not. But there's a lot of fat to burn, unfortunately, before it hurts where it matters. In the long run, we're all dead. John Maynard Keynes
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