Good overview of imperial overstretch

[eridani]

http://www.alternet.org/audits/137560/neocon_fantasies_of_empire_crushed%3A_the_new_global_reality/?page=entire

A key step in moving toward a post-imperial foreign policy would be to abandon the idea that the United States is at its best when it intervenes, militarily or economically. The Obama White House is right to reject Bush administration militarism. But in crafting something different it should be conscientious to "first do no harm." Reviving a version of corporate globalization under the guise of a return to multilateralism would violate this dictum.

As it considers alternatives, the Obama administration should recognize that some of the most dynamic democratic processes in the world have been taking place in Latin America, which has recently experienced a form of benign neglect. While this is a region traditionally regarded as the U.S. imperial backyard, it was often overlooked in the Bush years, when Washington focused on its engagements in the Middle East. The outcomes have been promising.

In the past decade, Latin American voters have consistently beaten Prime Minister Brown to his insight about the dysfunction of the Washington Consensus. In country after country they have elected new leaders with mandates to break with the international financial institutions and to pursue new economic policies. As a result, even before the current crisis, countries such as Bolivia, which has one of the poorest populations in the hemisphere, have been devising more equitable ways of distributing natural resource wealth -- and more democratic ways of involving historically marginalized indigenous populations in the political process. Countries like Argentina, which suffered tremendously under Washington-backed neoliberalism, have worked to develop alternative, regional financial structures to allow for greater independence.

To the extent that it allows such experiments to progress, an inward focus by the Obama administration on dealing with the domestic implications of the economic crisis would be welcome. In that case, whether the still-unrivaled U.S. economy, its cultural reach, and its worldwide network of military bases will continue to qualify it as an imperial power—or whether other language more accurately describes its sway within an emerging multipolar system—will remain open to debate. But we will have moved closer to the day when "enlightened" and "self-confident" foreign administrators, whether in pith helmets or cuff links, are permanently retired.