Is the World Too Big to Fail? The Contours of Global Order

Abstract
Each is a microcosm of tendencies in global society, following varied courses. There are sure to be farreaching consequences of what is taking place both in the decaying industrial heartland of the richest and most powerful country in human history, and in what President Dwight Eisenhower called "the most strategically important area in the world" -- "a stupendous source of strategic power" and "probably the richest economic prize in the world in the field of foreign investment," in the words of the State Department in the 1940s, a prize that the U.S. intended to keep for itself and its allies in the unfolding New World Order of that day
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