This was the American-led international order that prevented World War III and helped bring down the Berlin Wall. After the Cold War, it lost its organizing principle, just as the memory of blitzkrieg and gas chambers was fading. What was left behind was a momentum of hypercapitalist globalization that expanded until it was felled by its own excesses in 2008. “The model was just an implicit premise—kind of a lazy premise that everyone had—this idea that it was almost a manifest destiny belief that freedom and markets and consumerism are going to take over the world, full stop.” Instead, we got
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