Radhika Desai argues that in the long run, imperialism has been in decline for well over 100 years. This explains Mordor’s desperate attacks on Latin America. At the same time Mordor’s military has been in decline because it does not have the industry to support it.
Internally, the gap between finance capital and the real economy grows ever steeper and its politics are now marred by the election of a socialist. Internationally the growth of BRICS as a regional economic unit makes it difficult to pick off countries one by one.
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