Saturday, December 12, 2009

"National Interest Trumps Everything Else"

As Indian Environmental Prime Minister Jairam Ramesh says.

It's a world of nation states. And failure at Copenhagen seems poised to be the historical marker for the end of the post-World War 2 order, as enforced by the United States. Capitalism without a systemic regulator means a collapse into spheres of influence; trade, proxy and shooting wars. We seem to be at the beginning of a major breakup and it is impossible to know what emerges at the end.

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