Mike Davis, The Political Economy of Late-Imperial America, NLR I/143, January–February 1984

Conventional definitions of American post-war ‘hegemony’ have focused on the sheer preponderance of economic and military power concerted through an atomic-military monopoly, monetary sovereignty, overseas investment, and historic differentials of productivity and mass consumption. Accordingly, from a baseline in the late 1940s when the conjunction of all these . . .
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