For long, the term "imperialism" was popular to denote a world political order embodying systemic relations of domination with Washington at the centre. That thesis is no longer considered valid. Washington itself is victim to a global capitalist order and is mired in an apparently insoluble economic crisis. Here are some notes for discussion on an alternative approach to characterising the world order.
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EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.