U.S Active Role in World Affairs and Economic Impact

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U.S Active Role in World Affairs and Economic Impact

Introduction

Given this discussion and from a strictly economic perspective, Joseph Stiglitz and Linda Bilmes, in their joint book entitled The War three billion dollars, collected various arguments raised in the country and the world around if oil was the motive of occupation Iraq. At this point, conclude that, so this was the case, the government Bush notoriously failed in its aim to bring down prices oil, while had great success in the way enriched contractors and oil companies in his country. With respect to the global power exerted by the United States, Callinicos said that his search for a unilateral world domination through absolute military superiority came as a shock to who welcomed the idea, widespread in the aftermath of the Cold War, that economic globalization was being accompanied by the emergence of "global forms of government" or a so-called "governance" Overall, that would end centuries of confrontation for supremacy between the great powers. Of course, that optimistic view was demolished the Bush Doctrine and its promoters. Condoleezza Rice, then Councillor National Security, said after the terrorist attacks that his government would act "from the national interest of the United States and not the interests of an illusory international community.

During the first decade of this century, America has tried strengthen its political and military power, amid strong competition economic, which broke out openly after the Cold War. In effect, strengthening the military intervention and the sustained increase in military spending, from the so-called war against terrorism, allowed the only superpower increasing their global power. But at the same time, the massive military spending has markedly influenced and ultimately on the economic crisis that erupted in United States and globally is projected in 2008. In this context, pressure to increase military spending, reducing social investment and further the interests of the financial sectors have become more noticeable, to the extent that it also strengthens the far right neoconservative advocating for such measures.

The economic Price of Intervention

Even after solving the problems of inflation, the cost of today's war on terror is four times greater than the First World War and up to 10 times the cost of war in the Persian Gulf 1991 (where 90% of the costs paid to U.S. allies). The war on terror seems to exceed the cost of the Korean and Vietnam War together. Only World War II, which has been spent 3.5 trillion dollars, which was surpassed on the war on terror.

The cost of sending a single soldier for one-year service in Afghanistan or Iraq, about 775,000 U.S. dollars - which is three times the cost per soldier in previous wars, says a new report, the private but authoritative Center for Strategic and Budgetary Assessments (TSSBO). Substantial "piece" cost increase is due to the fact that the administration has introduced extraordinary expenses in the budget for new military equipment.

These costs, of course, cannot compare with the price that ...