Re: We had to burn the village to save it...
Don't you think the Average Joe benefitted from America's superpower status (in the short term, at least) by being able to consume more and produce less? Seems to me that "dollar hegemony" allowed AJ to drive big cars, buy big houses, and watch big TVs -- spending other people's savings. Also, lets not forget that AJ's government does provide some public services and entitlements -- and AJ didn't have to foot the bill for all that through taxes, because dollar hegemony made it possible for his government to borrow cheaply, as well. I don't dispute that the lasting benefits probably accrued to a much more narrow slice of the population, but am I really off base saying that Average Joe did enjoy some short-term benefits from America's superpower status?
Plus, you know -- Average Joe has jingoist tendancies sometimes. Utility is where you find it, and who is to say that AJ didn't truly relish chanting "USA! USA! USA!".
Originally posted by $#*
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Plus, you know -- Average Joe has jingoist tendancies sometimes. Utility is where you find it, and who is to say that AJ didn't truly relish chanting "USA! USA! USA!".
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