Is the world too big to fail?

[Jefferson23]

Noam Chomsky explains how the global order of power has been created and describes the mechanisms behind its continuity.

Last Modified: 29 Sep 2011 15:11

The democracy uprising in the Arab world has been a spectacular display of courage, dedication, and commitment by popular forces - coinciding, fortuitously, with a remarkable uprising of tens of thousands in support of working people and democracy in Madison, Wisconsin, and other US cities. If the trajectories of revolt in Cairo and Madison intersected, however, they were headed in opposite directions: in Cairo toward gaining elementary rights denied by the dictatorship, in Madison towards defending rights that had been won in long and hard struggles and are now under severe attack.

Each is a microcosm of tendencies in global society, following varied courses. There are sure to be far-reaching 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 US intended to keep for itself and its allies in the unfolding New World Order of that day.

Despite all the changes since, there is every reason to suppose that today's policy-makers basically adhere to the judgment of President Franklin Delano Roosevelt's influential advisor A.A. Berle that control of the incomparable energy reserves of the Middle East would yield "substantial control of the world." And correspondingly, that loss of control would threaten the project of global dominance that was clearly articulated during World War II, and that has been sustained in the face of major changes in world order since that day.

in full: http://english.aljazeera.net/indepth/opinion/2011/09/201192514364490977.html

[ixion]

1. There is no system of any kind that is "too big to fail." Period.

ANY system is capable of failure.

[sce56]

2. When I first saw your post subject I thought of the toon I was about to post!

[Jefferson23]

3. lol, thanks, it works quite well with the OP. n/t