The economic success of the Reagan Administration was largely dependent upon the pyramiding of massive debt and the siphoning of capital from the rest of the world.

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.

The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.

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.

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

A market is not politically neutral; its existence creates economic power which one actor can use against another.

A prolonged and massive increase in aggregate wealth per capita has taken place over several centuries.