8/14/2019 Heg DA Evidence
1/1
Doug Henwood. Gross: loss of US hegemony bad for investors.
February 3,
2003.http://mailman.lbo-talk.org/2003/2003-February/003242.html .
Accessed July 9, 2008.
That such a hegemony has been based upon (1) America's military
domination and (2)America's superior economy as reflected by the
dollar's ascension to the top of the pile as theworld's reserve
currency - is undeniable. All hegemonies including Britannia's
(since the fall of
Napoleon to the end of WWI), have shared similar
characteristics. As current leader of thepack, America has been
able to implement policies (free trade, open capital markets, and
astrong currency) which have not only reflected its political
heritage and philosophy but haveadded dollars and cents to its
citizens' pocket books, as well as SUVs to their driveways. Butthe
U.S., unlike the British Empire rests on a fragile foundation built
upon consumer spendingand trade deficits as opposed to mercantilism
and trade surpluses, which characterizedBritannia's rule. These
deficits, coming at a time of American military expansion in
pursuit ofterrorist containment, threaten to reverse our hegemonic
benefits and end our economicdomination. Our SUVs, as well as our
top cat near-monopoly of the good times are at risk.
NIALL FERGUSON; Wall Street Journal;The End of Power;June 21,
2004; pg 1We tend to assume that power, like nature, abhors a
vacuum. In the history of worldpolitics, it seems, someone is
always bidding for hegemony. Today it is the UnitedStates; a
century ago it was Britain. Before that, it was the French, the
Spaniardsand so on. The 19th-century German historian Leopold von
Ranke, doyen of thestudy of statecraft, portrayed modern European
history as an incessant struggle formastery, in which a balance of
power was possible only through recurrent conflict.
Offshore Wind Ready to Reduce Oil Dependence. Cape Wind
Associations. January 2, 2008.
http://www.capewind.org/news844.htm . Accessed July 7, 2008.
Today offshore wind power can reduce reliance on oil fired power
plants, in the future offshore
wind power will also be able to supply fuel to cars, buses and
trucks as the transportation sectordevelops 'plug-in hybrid'
technology to derive more power from electricity to use less
oil.
The U.S. Department of Energy produced an Offshore Wind
Framework in 2005 that foundthere is enough offshore wind power
long-term potential to meet most of the nations
electricityneeds.
Tony Jones. Oil and the politics of war. Australian Broadcasting
Corporation. TV Transcript.May 2, 2003.
http://www.abc.net.au/lateline/stories/s777903.htm . Accessed July
9, 2008.
Mr Monbiot is a prominent opponent of the war in Britain and
claims that the US is "positioningitself to become the gatekeeper
to the world's remaining oil and gas supplies" which, he says,will
massively increase "it's hegemonic power".
http://mailman.lbo-talk.org/2003/2003-February/003242.htmlhttp://www.capewind.org/news844.htmhttp://www.abc.net.au/lateline/stories/s777903.htmhttp://mailman.lbo-talk.org/2003/2003-February/003242.htmlhttp://www.capewind.org/news844.htmhttp://www.abc.net.au/lateline/stories/s777903.htm
