Monday, November 24, 2014

A Short History of the Decline of the American Century & Its Hegemony (2000 -14)

A Short History of the Decline of the American Century & Its Hegemony (2000 -14)


"Keynes's collective work amounted to a powerful argument that capitalism was by its very nature unstable and prone to collapse. Far from trending toward some magical state of equilibrium, capitalism would inevitably do the opposite. It would lurch over a cliff," --- Hyman Minsky.

"Capitalism has conjured up such gigantic means of production and of exchange, that it is like the sorcerer who is no longer able to control the powers of the nether world whom he has called up by his spells"- Karl Marx


John Galbraith had a witticism that is apt to this discourse: 'The only purpose of economic forecasting is to make astrology look respectable."


"When there is a general change of conditions, it is as if the entire creation had been changed and the whole world been altered." - Ibn Khaldun

"History is ruled by an inexorable determinism in which the free choice of major historical figures plays a minimal role", Leo Tolstoy 

"History is but glorification of murderers, criminals and robbers." - Karl Popper

The author has kept a watch and written about the decline of the American Century and its hegemony since the first anniversary of 11 September, 2001                               


2.The decline of the American Century   Sept 11, 2002

3. The US Empire –Beginning of the End Game   24 Nov, 2006

4. The Decline and Coming Fall of US Hegemony March 30, 2008

5. Western Military-Capitalist Civilization in Disarray September 25, 2008;

6. Corporate Culture and Greed Sink the American Republic 17 May, 2009

7. Confirmation of Pressure on Dollar and US Decline 8 October, 2009

8. The Looming Mother of all Economic and Social Crisis 11 May, 2010, etc


9. Post Sept 2008 Crippled Economy & US Strategic Decline

Smoke and Storm Signals, 4 July.2011


10. Post Bretton Woods; Emerging Outlines of New International Monetary Order


11. USA; Bhasmasur Gone MAD


Amb (Retd) K Gajendra Singh