[Marxism] Fwd: Why The Fall of the American Empire Will Come by 2030 | Big Think

Louis Proyect lnp3 at panix.com
Tue Jan 9 06:24:57 MST 2018


Living in such tense and mercurial times, it’s easy to see that most 
Americans do not have a strong confidence in their country’s future, 
with about 60% thinking it’s headed in the wrong direction, according to 
the polling data from RealClear Politics. They are sharply divided by 
politics, by the role America should play in the world, by how to 
utilize science and education. All such sentiment is not only warranted 
but indicates the reality that the American Empire is in its last years, 
if you believe the prediction of the noted historian Alfred McCoy. He 
laid out his vision for the monumental transformation of the global 
order in the near future in an interview with The Intercept’s Jeremy 
Scahill.

McCoy sees the election of Donald Trump to Presidency as a defining 
moment. He does not think Trump himself is the cause of the waning 
American power, but rather a symptom of it. Nonetheless, McCoy regards 
Trump as likely to hasten the downward trajectory.

The historian writes that all negative trends that are plaguing America 
now are likely to get much worse, growing rapidly by 2020, and would 
“reach a critical mass no later than 2030.”

“The American Century, proclaimed so triumphantly at the start of World 
War II, may already be tattered and fading by 2025 and, except for the 
finger pointing, could be over by 2030,” writes McCoy.

A lifelong observer of America's trajectory, in 1972, McCoy wrote “The 
Politics of Heroin,” a seminal book on the CIA involvement in the heroin 
trade during the Vietnam War. His new book “In the Shadows of the 
American Century: The Rise and Decline of U.S. Global Power” is coming 
out in September. He currently teaches history at the University of 
Wisconsin-Madison.

He describes the coming 2020s as a “demoralizing decade of rising 
prices, stagnant wages, and fading international competitiveness.” He 
blames decades of growing deficits on “incessant warfare in distant 
lands”. By 2030, the U.S. dollar will lose its status as the world’s 
dominant reserve currency, marking the empire’s loss of influence.


full: 
http://bigthink.com/paul-ratner/the-fall-of-the-american-empire-will-come-by-2030-predicts-famed-historian



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