Globalization and the Decline of American Power

This book explores America's decline as a global power, arguing that the implosion of Pax Americana was initiated by the process of globalization, preceding the collapse of the Soviet Union by nearly a decade. The era of Pax Americana, and with it American hegemony, is conclusively passed, and will not return in current global conditions.

Autorentext

Cyrus Bina is Distinguished Research Professor of Economics at the University of Minnesota (Morris Campus), USA. He was formerly a fellow and associate at the Center for Middle Eastern Studies, Harvard University (1990 1995). He is a pioneering theorist of globalization of oil and the unification of energy sector, globalization of world economy and decline of the Pax Americana, and a specialist on modern Iran and the contemporary in the Middle East. His work is also published in Chinese, German, Japanese, Italian, Persian, and Spanish, among others. He is a Fellow of Economists for Peace and Security and an editor for the Journal of Critical Studies in Business and Society.

Klappentext

This book explores America's decline as a global power, arguing that the implosion of Pax Americana was initiated by the process of globalization, preceding the collapse of the Soviet Union by nearly a decade. The era of Pax Americana, and with it American hegemony, is conclusively passed, and will not return in current global conditions.

Inhalt

1. Introduction: The American World Order is Passé 2. Road to Perdition: The American Debacle in Afghanistan 3. ****Specter of Globalization: The Rise and Fall of the Pax Americana 4. Globalization of Oil: Cartel, Cult of Monopoly, and Synthetic Competition 5. The Origin and Fabric of Globalization 6. Globalization: Identity, Fallacy, and Spurious Temptations 7. COVID and Negative Price of Oil 8. COVID's BBIO-Economic Crisis and Post-Pandemic World 9. Conclusion: The Rise and the Fall of American Power