In world history, empires have come and gone. Some ended suddenly and catastrophically while others handled their decline gracefully and gave up their colonial holdings, as did the British. But we predict Mordor will not end well.
This is because the Neocons who control foreign policy don’t even understand that their country is on the way out. Still, Richard Wolff and Michael Hudson offer suggestions for how the economic decline can be managed and even improve the lives of the domestic working class and immigrants.
