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Capitalism and fascism
(lemmy.ml)
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this post was submitted on 18 Jul 2024
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I don't see a decline in US capitalism or (US-style) imperialism anytime soon. It seems extremely well positioned to continue to be the #1 world power and influencer, even if its regional political and economic influence wanes a bit. US foreign policy is that of a bully in the sandpit who breaks any toy denied to him. Domestically, from the outside it looks like an absolute shitshow, with the masses cheering with hysteric enthusiasm as they are thrown one by one to the lions.
US influence is waning, and the Global South is throwing off the shackles of the US. It won't happen immediately, but with weakening Imperialism will come weakening domestic conditions until it cannot be sustained any longer.
Mate we're extremely in debt trying to get Iraq and Iran to bend the knee like all the other countries we've imperialized and not only is it not working, it looks like its never going to work. In the 1950s we held 50% of the worlds wealth. Not only will there be a decline in the near future, the decline has been going on for 30 years
The world economy is huge and growing, and the US economy is damn strong with a significant share of it. It also owns the world as far as raw military power and power projection goes. The US would absolutely use its huge military and economic advantages to keep its position as top dog if necessary. It is fine that the world's economy is growing (inevitable after the devastation of ww2, which barely touched the US; also industrialization in countries like china), but it doesn't mean the US is any weaker for it. And anyone who thinks the US won't keep its rivals in check (no doubt leaving a trail of bloody corpses behind) has not been paying attention.