The end of the American road

CounterPunch
by Paul Craig Roberts

10/28/08

The New American Century lasted a decade. Financial crisis and defeated objectives in Iraq, Afghanistan, and Georgia brought the neoconservative project for American world hegemony crashing to a close in the autumn of 2008. … Perhaps the neoconservative project for world hegemony would have lasted a bit longer had the neocons possessed intellectual competence. On the war front, the incompetent neocons predicted that the Iraq war would be a six-week cakewalk, whose $70 billion cost would be paid out of Iraqi oil revenues. … On the economic front, the incompetent neocons overlooked the fact that a country that relocates its industry and best jobs abroad in order to maximize short-run profits becomes progressively economically weaker...

//counterpunch.org/roberts10282008.html


Informant: Thomas L. Knapp



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