Carrol Cox wrote:
> I've read the whole of the Conclusion. It is a magnificent summary of the
> world we now live in. "American Empire" is a bit misleading, but then Ellen
> Meiksins Wood has already used the correct title for what these authors
> describe: The Empire of Capital.

I think there's a difference between "imperialism" and an "empire,"
though obviously the two are interrelated. Imperialism, to my mind,
refers to a social relationship of domination and conquest (and of
course, resistance). Capitalist imperialism refers to the "extended
reproduction of capital" on a world scale. On the other hand, the
concept of an "empire" is on a lower level of abstraction, referring
to internal political and economic institutions that preserve
imperialism as a coherent or mostly coherent unit and define the
nature of its dynamics. In the era of Classic Imperialism (that folks
like Bukharin, Lenin, and Luxembourg described), we had a system of
competing empires as part of the broader imperialist phenomenon. Now,
it's more like there's a single empire -- or at least a single hegemon
-- holding imperialism together.

Thus, it makes sense to talk about "global capitalism" (imperialism)
_and_ the "American Empire."
-- 
Jim Devine /  "Segui il tuo corso, e lascia dir le genti." (Go your
own way and let people talk.) -- Karl, paraphrasing Dante.
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