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Author Archive | Immanuel Wallerstein

The World Left and the Iranian Elections

The recent elections in Iran, and the subsequent challenges to their legitimacy, have been a matter of enormous internal conflict in Iran, and of seemingly endless debate in the rest of the world — a debate that threatens to linger for some time yet.  One of its most fascinating consequences has been the deep divisions […]

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The Depression: A Long-Term View

The depression has started.  Journalists are still coyly enquiring of economists whether or not we may be entering a mere recession.  Don’t believe it for a minute.  We are already at the beginning of a full-blown worldwide depression with extensive unemployment almost everywhere.  It may take the form of a classic nominal deflation, with all […]

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Bolivia: Defeat of the Right

In the amazing series of elections in South America in the last five years, the most radical results were in Bolivia, with the election of Evo Morales as President.  It is not because Morales stood on the most radical platform.  It was rather that, in this country in which the majority of the population are […]

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The New World Geopolitical Order: End of Act I

It would be a mistake to underestimate the importance of the agreement on September 8 between Nicolas Sarkozy of France in his capacity as current president of the European Union (EU) and Dmitri Medvedev, President of Russia.  It marks the definitive end of Act I of the new world geopolitical order. What was decided?  The […]

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Can NATO Survive Georgia?

Amidst all the journalistic brouhaha about a new cold war, most analysts are missing out on the real crisis that has been crystallized by Saakashvili’s imprudent excursion into South Ossetia.  The very existence of NATO has been put into question. To understand that, we have to go back to the beginning of NATO as an […]

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Has the “Surge” in Iraq Worked?

In 2006, things seemed to be going badly for the U.S. military efforts in Iraq.  The Iraq war became a top issue in the 2006 Congressional elections in the United States.  It is generally agreed that the Republicans did poorly in those elections, largely because the U.S. electorate had become disillusioned with the viability and […]

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When the Tough Decide to Become Diplomatic

President George W. Bush and his neo-con coterie made it a point of pride that their relationship to regimes they did not like was one of toughness, not of soft-soap diplomacy.  In his State of the Union speech in 2002, Bush denounced the “Axis of Evil” — composed of Iraq, Iran, and North Korea — […]

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France Back in NATO?  Is This for Real?

Nicolas Sarkozy has gone out of his way to sound pro-American.  He made a special visit in 2007 to Kennebunkport to have a cozy meeting with George W. Bush.  Since neither spoke the other’s language, they must have had translators.  So perhaps I might be allowed to try to translate what has been going on. […]

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When Henry Kissinger Opines

When Henry Kissinger opines in an op-ed in the Washington Post, it behooves us all to pay attention.  There is a message there.  Kissinger has always presented himself as the supreme “realist” proponent on U.S. imperial policy.  But he has also always taken care not to distance himself too far from the conservative political Establishment. […]

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Walking Away: The Least Bad Option

Except for a hardy band of neo-con optimists and the official apologists of the Bush regime, almost everyone is agreed today that the United States has gotten itself into a nasty, self-wounding mess in Iraq where it is fighting a drawn-out guerrilla war it cannot win.  At the same time, a very large number of […]

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