The economic element of the NWO project
in Failed imagination?
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The economic ideas of the new world order (NWO) had their roots in the classical liberal capitalist tradition of the eighteenth and nineteenth centuries. This chapter examines the debates that come out of NWO thinking as to the importance of, especially, American economic leadership, one which paralleled its political leadership. It also examines the renewed claims since the 1980s that increasing global interdependence can be demonstrated empirically to encourage global peace and that liberal (economic as well as political) democracies do not go to war with each other. During the inter-war period liberal internationalism was the main victim of the disillusionment felt about Versailles. The bedrock of liberal belief before 1914 in the benefits of economic 'interdependence' is best illustrated by Norman Angell's The Great Illusion, a ringing denunciation of the 'futility' of war in a world of trading nations.

Failed imagination?

The Anglo-American new world order from Wilson to Bush (Second edition)

Editor: Andrew Williams

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