Australian Left Review
Article Title
America's 'Pacific Rim' Strategy
Abstract
THE REASONS FOR DISSENSION among America’s rulers are clear. The war has destroyed the precious consensus while threatening to undermine the economy. Besides the threat to the dollar particularly from European bankers, rising inflation, and a worsening balance of payments situation — all aggravated by an economy fired up by military expenditures — the very foundation of American international expansion, the superior productivity of the U.S. economy, has been eroded.
This paper has been withdrawn.