Well, they really didn't have to worry, because the way power politics works, the World Court can't do anything. Look, there's one country in the world at the moment which has refused to accept World Court decision-that's the United States. Is anybody going to do anything about it?

The old-fashioned idea is that responsibility falls upon those who borrow and lend. Money was not borrowed by campesinos, assembly plant workers, or slum-dwellers. The mass of the population gained little from borrowing, indeed often suffered grievously from its effects.

U.S. has no feudal background, so institutions that remained in place in Europe did not remain in place here.

Sometimes the former forces are in the ascendance, and "democratic governance" is eroded, though anyone familiar with intellectual history would expect that the slogans will be passionately proclaimed as they are drained of substantive content. We happen to be living in such an era, but as often before, there is no reason to suppose that the process is irreversible.

The US reasserted control over Nicaragua in 1990. Since then, the country has experienced a steep decline. It's now the second poorest country in the hemisphere.

The UN can go as far as the U.S. will allow, and no further. And it's bound by conditions that the powerful states, which means mostly the U.S., impose.

As long as people are marginalized and distracted [they] have no way to organize or articulate their sentiments, or even know that others have these sentiments. People assume that they are the only people with a crazy idea in their heads. They never hear it from anywhere else. Nobody's supposed to think that. ... Since there's no way to get together with other people who share or reinforce that view and help you articulate it, you feel like an oddity, an oddball. So you just stay on the side and you don't pay any attention to what's going on. You look at something else, like the Superbowl.