For America to come home and untangle itself from the Imperial Project, it will have to do more than not meddle in everyone else's affairs; it will have to learn to live within its means--what it earns from producing goods and services, not what it skims from global financialization.Extraction is a characteristic of empires. It's a raison d'être, although not the only one. Some are into wealth accumulation, and others into projection of power, some into both simultaneously. However, a particular characteristic of the Post WWII American empire is global financialization, a point that Michael Hudson has been making for some time.
Of Two Minds
Untangling America from the American Empire
Charles Hugh Smith
