Abstract

Abstract This chapter analyzes America’s global assertion in the post–Cold War period. This assertion has followed both economic and military pathways. The imposition of the Washington Consensus on Latin American countries is an example of economic assertion. The United States was moved in this direction to first rescue highly indebted American banks and then to roll back statist models of economic development in the region. Economic benefits to the United States were considerable. Latin American countries experienced a lost decade of growth, followed by some resumption of growth, but were still mainly dependent on commodity exports. Hard militarism in the Middle East has been motivated by goals that were vaguer but included establishing primacy over an oil-rich region. The results have been at best, mixed. The war in Iraq was very costly. A half million Iraqis died. The benefits to the United States are not obvious and Iraq struggles to be a functioning state under American influence.

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