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States, United States: America’s James Bond Complex

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Today, American politicians of both major parties — conservatives, “moderates,” and so-called liberals alike — insist that the United States is an “exceptional,” even “indispensable” nation. In practice, this means that for the United States alone the rules are different. Particularly in international affairs, it — the government and its personnel — can do whatever deemed necessary to carry out its objectives, including things that would get any other government or person branded a criminal. This is nothing new. “American exceptionalism” goes back to the founding. When American politicians set their sights on Spain’s North American possessions, they were driven by the same attitude. In their view the new “Empire of Liberty,” as Jefferson called it, was destined to replace the old, worn-out empires of Europe in its hemisphere. They had no doubt that the Old World’s colonial possessions would eventually fall under the jurisdiction of the U.S. government, either formally or informally. Acquisition through negotiation was preferred over war by a good ...

The Ghosts of Yalta Still Haunt the World

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Seventy years ago, during the week of February 4-11, 1945, the most momentous conference of the Second World War was held at Yalta in the Crimea between Franklin D. Roosevelt, Winston Churchill and Joseph Stalin. Their decisions have affected much of the world ever since. The Scars of the Second World War The Second World War left a permanent scar on mankind. The battle lines of war engulfed all of Europe, much of Asia, parts of Africa, and touched the shores of North America. Historians estimate that as many as 50 million people may have died in this devastating firestorm. This war also marked a descent into the worst nightmare of barbarism in human history. The Nazis slaughtered millions whom they classified as “racial vermin.” Those innocent human beings were to be eradicated from the face of the earth in a deluded pursuit of engineering a “master race.” Never had humanity witnessed such a magnitude of madness. By the beginning of 1945 it ...

Global Free Trade Makes for Mutual Prosperity and World Peace

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The recent brutal events in France have reminded us how small the world is that we all share. Violence and conflicts that have their origin in one part of the globe shows itself in another part of our planet. And mass media immediately shares those events to the rest of us, no matter where we are. The impression that is often created by these events and those images is that the world is a dangerous place. And that the more interconnected we become, the more we face the threat of that violence and those conflicts coming our way. However, the sensationalism of the pictures and videos capturing such tragic events as those in Paris should not distract us from the much more fundamental and everyday linkages that increasingly bind all of us together for mutual prosperity and possible world peace here on Planet Earth. The Global Economy and Gains from Trade I mean, of course, the global economy and the network of supplies ...