From Publishers Weekly
A professor of sociology and public administration at the University of the Philippines, Bello offers a provocative analysis of why he--and much of the world--sees the U.S. empire beginning to weaken. Since he believes that U.S. supremacy is unlikely to falter anytime soon, Bello focuses on its underpinnings and perceptions of its legitimacy. After a brief examination of U.S. grand strategy over the last half century, Bello (
De-Globalization) concentrates on the post-9/11 world, arguing that U.S. military credibility has been compromised by actions in Iraq. A related review of U.S.-centrist globalization follows, from the fall of the Berlin Wall to the present, with a sustained critique of the current U.S. administration's policies. Most instructive are Bello's clear and cogent case studies of Southern countries that are frequently dissatisfied with the U.S.'s role in the WTO, IMF and World Bank. He argues that because the U.S. government's actions in the international arena reflect, at their core, the needs of American capitalism, the U.S. fails to champion liberal democracy and thereby loses legitimacy in the eyes of the world. Most of what's here is not news, but it is a concise and thoughtful global South perspective on America's military, economic, and political realities.
(Mar. 4) Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Bello is best known as a prolific critic of corporate globalization, deeply concerned about the global South's vulnerability to the injustices of unrestrained neoliberal capitalism. In this book, however, his focus is on the emergent vulnerability of the U.S., the consequence, he argues, of an overstretched military, a stagnant economy, and a crisis of democratic legitimacy. Protracted conflicts in Iraq and Afghanistan--often the main emphasis of similar arguments--are, for Bello, but one of the concurrent crises of the U.S., alongside sagging international goodwill and the backfiring of "rollback economics" worldwide. Ultimately more compelling than his familiar-sounding political analysis, the strength of Bello's argument rests in exposing the limits and contradictions of speculative capitalism: the Asian market collapse and deteriorating World Trade Organization/International Monetary Fund system, among other illustrative events. It is the author's area of expertise, and his book is a provocative, well-researched polemic. But some readers, even those agreeing with his analysis, may be put off by his undiluted optimism--schadenfreude even--at the decline of the American empire, even if peace is his goal.
Brendan DriscollCopyright © American Library Association. All rights reserved