Gee’s Reviews > The American Empire > Status Update

The additional fact that it enabled American banks to create dollars in foreign countries not only allowed American corporations to buy up huge slices of these countries’ industries but also compelled their governments to fight the inflationary pressures that flowed inevitably from this additional creation of unwanted dollars

In the long run, it always boils down to a matter of control, that is of sheer, unadorned power—quite justified nowadays on strictly technical grounds since it is evident that gold does not provide the flexibility required by modern economic structures

this erosion of legislative power everywhere is leading to direct confrontations between bureaucracies, bypassing Congresses and Parliaments, leading in turn to either conflict or subordination and virtual integration of bureaucracies serving, ostensibly, different countries. For instance, the direct gearing of a particular American department, agency, or even private company, to their European counterparts

Harold Macmillan had stated his belief that “These Americans represent the new Roman Empire and we Britons, like the Greeks of old, must teach them how to make it go.” Macmillan, the wily, self-styled “Greek,” was determined to beat the other European “Greeks” in the race to become the prime adviser to the Roman-Americans.

even de Gaulle joined the Europeanists in opposition to the Morgenthau plan to destroy Germany’s heavy industry; before the war was even over, he had spoken of Germany as a “great, and certainly a guilty, people, but nevertheless a people whose destruction the higher insight of Europe cannot permit.”

empires crumbled throughout the world, the same Balkanization took place, with increasingly disastrous and eventually ridiculous results, until the world’s map began to look like an incomprehensible crazy-quilt in which such microscopic states as Honduras and Lesotho are presumed to have the same sovereign rights as the United States or Soviet Russia

in the name of the United Nations and world morality, followed by a rising chorus of anti-South African incantations throughout the world—inevitably followed by a steady white emigration out of South Africa, thus weakening the very basis of white supremacy. In addition, it should be expected that some form of Bantu guerilla organization, encouraged by these developments, would begin effective operations