The historical record suggests that the transition to to a new hegemon has always been attended by what I have elsewhere called hegemonic war.

The opposing tendencies of concentration and spread are of little consequence in the liberal model of political economy.

Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.

Specialization makes the welfare of the society vulnerable to the market and to political forces beyond national control.

Many critics see international trade as a form of cultural imperialism that must be strictly controlled.

The clustering of technological innovation in time and space helps explain both the uneven growth among nations and the rise and decline of hegemonic powers.

The core of the Marxist critique of capitalism is that although the individual capitalist is rational (as liberals assume), the capitalist system itself is irrational.