The Global Gamble

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The collapse of the Soviet Bloc presented policy makers in Washington with a temptation reminiscent of Faust's, opening up vistas of hitherto unimaginable global power; but the cold breath of Mephistopheles is already blowing across devastated communities from southeast Asia to the Balkan peninsula in the wake of America's bid for world power. In this major analysis of the new era of American domination, Peter Gowan strips away the language of humanitarian ideals that have cloaked US interventions from Baghdad to Belgrade to reveal far more cynical goals, with the real democratic hopes of the peoples of Europe, the South and East systematically trampled down in the rush to impose NATO-based US political leadership across the globe.

He explains the projected expansion of the EU into a set of first and second class countries, incapable of any political action independent of the United States; and he analyses the catastrophic social and economic effects of the neo-liberal 'Shock Therapy' imposed on Russia and Eastern Europe, with devastating results. Far from being an unstoppable natural force against which every nation state is powerless, Gowan argues compellingly that the process of globalisation has been relentlessly driven forward by the enormous political power of the US state and business interests in a highly conscious bid to extend their strategic dominance over the world economy.

He shows how the international finance system--the 'Dollar-Wall Street Regime'--created out of the ashes of Breton Woods has been exploited as a political lever to open up local economies to US products and speculative flows of 'hot' money, and demonstrates how each financial crisis over the last ten years has been used by the Washington-Wall Street axis to force through dramatic economic and social re-engineering in the targeted countries.

World Policy On Air, Ep. 143: “The Global Gamble”

While posing as a benign economic education for 'developing' economies, US-led rescue packages in fact leave these countries seriously weakened, destroying national industrial sectors while elevating to power such local rentier interests as the Russian mafia-capitalists and leaving the already fragile social tissue of many of these companies irreparably damaged. This masterly survey, both bold and compelling, will become a landmark in the debate on the new world order threatening the twenty-first century.

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Al Jazeera’s Global Gamble

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Prism of disaster

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The Global Gamble: Washington's Faustian Bid for World Dominance - PDF Free Download

We will contact you if necessary. With his older sister and his mother he moved to Belfast in April and lived there until he was nine. He never knew his father.

When he was nine his mother moved to London to work and he went to prep school in Suffolk, Orwell Park, ultimately becoming head boy. He left there to go to Haileybury and Imperial Service College , in Hertfordshire when he was 13, in and from there went on to read politics and history at Southampton University.

Gowan was diagnosed with his fatal illness only a couple of weeks after the onset of the world financial crisis [1]. Despite knowing that his condition was terminal and his health fast-deteriorating, he not only bore it with good humour, but bravely continued to work to the limits of his capacity over the following months: his article "Crisis in the Heartland" for the January—February issue of New Left Review provides a succinct account of how he interpreted the origins of the financial crisis.

Peter Gowan died at age 63 from the asbestos related disease, peritoneal mesothelioma on 12 June From Wikipedia, the free encyclopedia.

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