Summary Of "The American Crisis And The Persian Gulf War" By Pablo Pozzi - UNIVERSITY SUMMARIES - E-book - ePub

We have summarized here the essential of this book by the author. THE AMERICAN CRISIS AND THE PERSIAN GULF WAR  For two decades, there has been a trend towards the CRISIS OF THE NORTH AMERICAN HEGEMONY in the world. The US tried, during the Gulf War (1991), to maintain that hegemony. But the emergence of a NEW WORLD ORDER was already taking place. In earlier times, the US had used war to revive the economy (war means more steel production, more jobs, etc).
But today, the war is used by the US as a means of forcibly recovering its position in the world economy threatened by the advance of other powers. The Gulf War implies admitting that Reagan's "bailouts" failed, which resulted in a speculative, indebted, deindustrialized economy, with unemployment and concentration of wealth.