US Hegemony

The Economic And Political Losses Of The European Union

June 21, 2026 Hedelberto López Blanch, Resumen English. Educate! European Union (EU), Finance and the Economy, US Hegemony, Wars and Militarism

The subordination to Washington that Western Europe’s millionaire leaders have reinforced over the past decade with the aim of weakening Russia has cost those nations widespread economic, political, and military deterioration, as well as a loss of credibility on the international stage. The British newspaper Financial Times recently estimated that the numerous anti-Russian “sanctions” imposed by the European Union (EU) and Great Britain at the behest of the White House have caused companies doing business in Russia to suffer losses of more than 100,000 million euros, specifically in the oil and gas sectors, as well as financial institutions, insurance companies, banks, public utilities, and the automotive industry.

There’s A Wave Of Attacks On The Ruling Class

April 12, 2026 J. P. Hill, New Means. Strategize! Class Struggle, Class war, Iran, Israel, Strait of Hormuz, US Hegemony, US Imperialism

People have reached a breaking point. American consumer sentiment is terrible, registering at the lowest level ever recorded this week. Gas prices just jumped more in March than they have in any month since 1967. The Iran War was historically unpopular from the beginning, and now the massive economic ripple effects are starting to hit home. And this is just the beginning. The Strait of Hormuz still isn’t open, despite a range of Trump administration lies to the contrary. That means 20-30% of the world’s oil simply isn’t moving. Fertilizer shortages will take months to hit, but they’re likely to hit upwards of 40% of U.S. farmers.

Mark Carney Warns ‘American Hegemony’ Is Destroying World Order

January 21, 2026 Sharon Zhang, Truthout. Educate! Canada, Mark Carney, US Hegemony, World Economic Forum (WEF)

In an unusually candid speech in Davos, Switzerland, on Tuesday, Canadian Prime Minister Mark Carney warned that world order is at a “rupture” point due to the U.S.’s longstanding vise-grip on the world and its swiftly expanding authoritarian nature under President Donald Trump. Skewering “American hegemony,” Carney said that countries like Canada have long known that the idea of the international rules-based order was a “fiction” that states nonetheless signaled their support for in order to be granted access to crucial goods, trade, and other resources like finance.

Strategic Convergences Between Africa, Asia And Latin America

December 7, 2025 Mohamed Lamine Kaba, Orinoco Tribune. Strategize! Africa, ALBA, Asia, Association of Southeast Asian Nations (ASEAN), BRICS, Forum on China-Africa Cooperation (FOCAC), Imperialism, Latin America, Neo-Imperialism, Neocolonialism, US Hegemony

The current shift in the world order reveals a deep tension. While the West, weakened by its internal crises and geopolitical contradictions, is trying to preserve its declining leadership, Africa, Asia and Latin America are quietly rebuilding the lines of force of the Global South. Driven by shared memories of domination and renewed aspirations for sovereignty, these regions are now forging strategic convergences that are giving new meaning to tricontinental solidarity. In this context, their struggles against neocolonialism and neo-imperialism are taking on decisive importance in redefining the balance of power in the 21st century and opening up new prospects for their common future.

USA Can Only Regain Strength If It Understands Why It Lost It

September 8, 2025 Bharat Dogra, Countercurrents. Strategize! Failed State, Peace, United States, US Hegemony

The USA is a country well- endowed with natural resources and strategically suited geographical location. In the 20th century history too was on its side as a number of factors added to its strengths and, overcoming the setback of the great depression, after the end of the Second World War the USA emerged as the most powerful country in the world with its great military power supported by wider military alliances and above all its currency having worldwide acceptance. Subsequently the USA added very substantially to its military strengths and even after unilaterally moving away from the gold standard the international acceptance of its currency was retained. Its glory appeared to be complete with the disintegration of the Soviet Union around 1990.

How The World Can Free Itself From US Financial Colonialism

August 6, 2025 Ben Norton and Michael Hudson, Geopolitical Economy. Resistance Report BRICS, Colonialism, Debt, Global Economy, US Hegemony

We are all living in a time of great change. There are massive geopolitical shifts happening in the world today, and we see the rise of new organizations like BRICs, which now represents more than 50% of the global population. The 20 countries of the extended BRICS+ now also make up more than 40% of world GDP, when measured at purchasing power parity (PPP). These new Global South-led organizations like BRICS represent the Global Majority. But there’s still a problem, which is that the most powerful international organizations today are largely dominated by the United States and the Western powers. This includes institutions like the International Monetary Fund (IMF) or the World Bank. These are organizations where the U.S. is the only country on Earth that has veto power.

The US-Israeli War On Iran Undergirds The Need For A Multipolar World

June 23, 2025 Margaret Flowers, Clearing the FOG. Featured Campaign, Podcast - Clearing The FOG Iran, Israel, Multipolar World, Palestine, US Hegemony, US Sanctions, Wars and Militarism

On June 12, just days before a scheduled negotiations session, the illegal state of Israel attacked Iran, killing top military leaders and scientists. Iran responded the next day by returning the attack on Israel, and there have been daily attacks between the two countries since then. On June 21, the United States, which had been providing support to Israel, attacked three nuclear facilities in Iran. Clearing the FOG speaks with Dr. Foad Izadi from the University of Tehran about the long history of US and Israeli aggression on Iran, how the current war is impacting the country and why this conflict is pivotal to the end of US/Western hegemony and the rise of a multipolar world.

Is Trump The Last Straw For The Dollar System?

April 29, 2025 Radhika Desai, Michael Hudson and Mick Dunford, Geopolitical Economy. Resistance Report De-dollarization, Donald Trump, Global Economy, US Hegemony

As regular viewers of Geopolitical Economy Hour will know, we have done many programmes on the dollar’s shaky basis, and on how and why we can expect its role as world money to unravel. Now, suddenly, the Western press is full of forebodings of the demise of the dollar. The Financial Times alone, normally a loyal proponent of the wonders of the dollar system, has published a series of stories, each marshalling a different reason for the dollar system’s possibly imminent demise — over a dozen in April alone. So let me start us off with the following observations: What is interesting is how much these recent stories attribute to Trump the dollar system’s possible demise – evidenced by the simultaneous sell-off of US stocks, bonds, and dollars, which is surprising given that the latter two are generally considered “safe haven” assets which are bought when there is a sell-off of riskier assets like stocks.

If International Trade Reverts To The ‘Law Of Jungle,’ All Will Be Victims

April 27, 2025 Abdul Rahman, People's Dispatch. Strategize! China, Multipolar World, Tariffs, Trump Administration, US Hegemony

Speaking in an informal meeting of the UN Security Council on Wednesday, April 23 China’s permanent representative Fu Cong questioned the unilateralism pursued by the US in international trade claiming it “severely infringes upon the legitimate rights and interests of all countries” and violates the rule based multilateral trading system. Cong claimed a multilateral approach remains the only option for the advancement of all countries and affirmed “no country has the right to put itself above international law” and dictate terms to others. He offered Chinese cooperation in dealing with the situation to the countries which are willing to stand for free and fair international trade.

Opportunities And Challenges To A Global Community With A Future

April 13, 2025 Sam-Kee Cheng, Orinoco Tribune. Educate! China, Finance Capitalism, History, Neocolonialism, US Hegemony, US Imperialism, WWII

The predominance of US economic, political and military power in the world was established at the end of the Second World War.1 With just 6.3 percent of the global population, the United States held about 50 percent of the world's wealth in 1948. As the only power that has used nuclear weapons on civilian targets, it demonstrated unchecked power and military might. The postwar world order was rebuilt with the United States at the core, including the formation of the North Atlantic Treaty Organization in 1949 and Japan–US Security Treaty in 1951. The political order of major industrial powers, as well as some newly independent states, which were key in the containment strategy during the Cold War, were shaped in the image of the United States as vehemently anti-Communist bulwark economies.

Can The Global South Get Out Of The US-Dominated Financial System?

April 13, 2025 Zoe Alexandra, People's Dispatch. Create! BRICS, Development, dollar, Global South, IMF, Sovereignty, US Hegemony, World

Is it possible to create systems of trade, finance, and funding outside the US-dominated system? Is the BRICS bloc able to build the necessary alternatives to challenge this system? Economists, academics, and political leaders participating in the IV Dilemmas of Humanity Conference in São Paulo tackled this pressing question that today the nations of the Global South confront. Nations, who find that their plans for poverty alleviation, economic sovereignty, and trade with their neighbors, are held back by restrictions imposed by the United States and their debt commitments, for which they need a reserve of dollars.

Tariff Blackmail Cannot Intimidate China

April 9, 2025 Friends of Socialist China. Resist! China, Donald Trump, Tariffs, Trade, US Hegemony

On Saturday 5 April, the Chinese government set out its position opposing the US’s unilateral imposition of tariffs on all its trading partners, including China. The statement correctly noted that these tariffs are in clear breach of World Trade Organisation (WTO) rules, and threaten to seriously disrupt the global economy. “Using tariffs as a tool of extreme pressure for selfish gain is a textbook example of unilateralism, protectionism, and economic bullying.” It’s clear that China is the main target of the US’s tariff blackmail, which is being used to undermine China’s growth, to force China to accept the US’s terms of trade, to bully other countries into siding with the US against China, and to punish China for its success in building a modern economy and its refusal to bow down to US hegemony.

Maduro Declares Economic Emergency Against US Tariff War

April 9, 2025 Orinoco Tribune. Resist! Colonialism, Maximum Pressure, Multipolar World, Nicolas Maduro, US Hegemony, US Sanctions, Venezuela

Venezuelan President Nicolás Maduro signed an economic emergency decree on Tuesday, April 8, during a televised meeting with telecommunications and economic leaders. He framed the move as a response to what he called a US-led “tariff war” destabilizing global trade systems, alongside the revival of the “maximum pressure” strategy aimed at suffocating Venezuela’s economy. The decree, pending approval by the National Assembly, seeks to bolster Venezuela’s economy amid escalating international tensions and US aggression. President Maduro accused the US of dealing a “definitive and total blow” to international trade institutions, including the World Trade Organization (WTO), in an effort to impose “single hegemonic dominance” over global economic rules.

Militarizing The Ledger, Colonizing The Future

April 7, 2025 Arnie Saiki, Onibaba. Create! Debt, Finance and the Economy, History, Military Industrial Complex, United Nations, US Hegemony, US Imperialism

When we begin to examine U.S. hegemony, the Military-Industrial Complex often serves as the shorthand for understanding the entangled relationship between investment capital, militarism, neocolonial extraction, and unipolar power. But to truly unravel this system, we must look deeper into how the Military-Debt Nexus is legitimized—not only through ideological alignment or geopolitical pressure, but through institutional mechanisms such as trade agreements, national accounting rules, and debt-financed militarization. The intersection between military expenditure and global trade is not incidental; it forms the core infrastructure of compliance and control, shaping everything from resource acquisition to sanctions enforcement, all under the veil of economic normalcy.

Slouching Towards Mount McKinley

March 5, 2025 Alfred McCoy, Tom Dispatch. Strategize! Donald Trump, Foreign Policy, History, US Hegemony, US Imperialism

“We will restore the name of a great president, William McKinley, to Mount McKinley where it should be and where it belongs,” President Trump announced to a burst of applause during his inaugural address on January 20th. Continuing his celebration of a decidedly mediocre president, best known for taking this country on an ill-advised turn towards colonial conquest, Trump added: “President McKinley made our country very rich through tariffs and through talent — he was a natural businessman — and gave Teddy Roosevelt the money for many of the great things he did including the Panama Canal which has foolishly been given to the country of Panama after the United States… spent more money than ever spent on a project before and lost 38,000 lives in the building of the Panama Canal.”

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