What should we call the current era? Post-everything? Or perhaps, the interregnum? Whatever the name it should be given, the current period is characterized by neoliberal trans-nationalization. In addition, U.S. hegemony has been under question since the beginning of this period. In fact, the Empire is no longer U.S.-American and a change in hegemony is in full swing. Despite what world-systems theorists such as Giovanni Arrighi suggest, the balance does not seem to be tipping toward China. Nevertheless, as Niall Ferguson points out, it is moving toward Chimerica. Furthermore, since the beginning of the global financial crisis, no project has …read more
Source: Iranian.com
