/142/ Dollar Empire (2) ft. Daniel Bessner

On US foreign policy.   

Following on from our episode on the political-economy of dollar hegemony (no. 139), we turn to look at how the dollar underpins American empire. Is 'permawar' a product of structural factors, rather than merely the result of poor policy decisions? And how is this related to the global financial architecture? 

We also discuss how the current period fits into US history, how US foreign policy might evolve over the next four years, and what a left-wing alternative foreign policy might look like.

Readings:

• To End Forever War, End the Dollar’s Global Dominance, David Adler & Daniel Bessner, TNR
• Trump’s America may be declining in global soft power—but US empire rolls on, Daniel Bessner, Prospect
• The coronavirus crisis is an opportunity to finally move past the post-WWII era, Daniel Bessner, Responsible Statecraft