Actually, the latter episode should be an object lesson for anyone talking tough about trade. The Bush administration suffered from a bad case of superpower delusion, a belief that America could dictate events throughout the world. The falseness of that belief was most spectacularly demonstrated by the debacle in Iraq. But the reckoning came even sooner on trade, an area where other players, Europe in particular, have just as much power as we do.
NOW! Also available at Housemans Bookshop - London telephone orders contact the shop by phone (020 7837 4473), or e-mail orders@housmans.com.
Marxism against Market Socialism available at Housemans from 10th April at 7 pounds per copy telephone orders or contact the shop by phone (020 7837 4473), or e-mail orders@housmans.com
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Actually, the latter episode should be an object lesson for anyone talking tough about trade. The Bush administration suffered from a bad case of superpower delusion, a belief that America could dictate events throughout the world. The falseness of that belief was most spectacularly demonstrated by the debacle in Iraq. But the reckoning came even sooner on trade, an area where other players, Europe in particular, have just as much power as we do.
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