Cold War, Globalisation and the
Rise of US Hegemony:
1989 and after ...
Dr Andrew Roadnight
16 March 2016
Reagan and the “Evil Empire”
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‘TRICKLE-DOWN’ ECONOMICS
STRATEGIC DEFENSE INITIATIVE
(STAR WARS)
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AFGHANISTAN
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DERGULATION OF FINANCE
Gorbachev, Reform & Defeat
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GLASNOST (OPENNESS)
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PERESTROIKA (RESTRUCTURING)
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BREZHNEV DOCTRINE
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9 NOVEMBER 1989
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25 DECEMBER 1991
The New World Order
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FRANCIS FUKUYAMA: ‘THE END OF
HISTORY’
THE “POISONOUS SNAKES” OR
THE DRAGON?
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THE “VISION THING”
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CAPITALISM TRIUMPHS
George W Bush: US Hegemon
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KYOTO PROTOCOLS
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ANTI-BALLISTIC MISSILE TREATY
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9/11 AND AL QAEDA
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US UNILATERALISM
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MANIFEST DESTINY IN IRAQ
The War on Terror
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DEFENSE BUDGET
- $287BN (2001)
- $729BN (2012)
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AFGHANISTAN, PAKISTAN, IRAQ,
IRAN, AFRICA
The Peoples’ Republic of China
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THE AMERICA OF ASIA: A
FRUSTRATED AIM
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STATE CAPITALISM
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HUMAN RIGHTS OR TRADE?
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400M OUT OF POVERTY
Globalisation: A Definition
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TRADE & TRANSACTIONS
CAPITAL & INVESTMENT
MIGRATION
DISSEMINATION OF KNOWLEDGE
(IMF, 2000)
Globalisation and the US
Economy
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CEO “COMPENSATION”
- 20x TYPICAL WORKER (1965)
- 383x TYPICAL WORKER (2000)
- 303x AVERAGE WAGE (2014)
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PAY INCREASES (1978-2013)
- CEOS +937%
- TYPICAL WORKER +10%
Globalisation and the US
Economy
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MANUFACTURING EMPLOYMENT
- 1977: 19.5M (22% NFP)
- 2013: 12.0M (9% NFP)
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RICHEST 1%
- OWN 8% NATIONAL WEALTH (1980)
- OWN 40% NATIONAL WEALTH (2014)
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RICHEST 20%
- OWN 85% NATIONAL WEALTH (2007)
- OWN 93% NATIONAL WEALTH (2014)
Globalisation In The Periphery
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1997-98: ASIAN FINANCIAL
CRISIS
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2000-01: DOTCOM COLLAPSE
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BRICS
- BRAZIL
- RUSSIA
- CHINA
- SOUTH AFRICA
- INDIA
Globalisation: New Challenges
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CLIMATE CHANGE
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POPULATION EXPLOSION
- 2013: 6.2BN PEOPLE
- 2050: 9.5BN PEOPLE (UKG)
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DEVELOPED WORLD vs
DEVELOPING WORLD
Globalisation in 2016?